EquipmentShare Q3 revenue surges on rental demand
EQPT•EquipmentShare’s Q3 revenue rose 55% year over year to $1.47 billion, while adjusted net income jumped to $46 million from $6 million. The company forecast 2026 revenue of $5.81 billion to $6.05 billion.
1. Quarterly results
EquipmentShare said Q3 revenue rose 55% year over year to $1.47 billion. Adjusted net income increased to $46 million from $6 million a year earlier, while net income was $20 million.
2. Rental demand and outlook
Rental segment revenue rose 49%, which the company attributed to significant customer demand and strong fleet absorption. EquipmentShare cited maturation of rental locations as a driver of margin expansion and earnings growth. For 2026, it expects total revenue of $5.81 billion to $6.05 billion, rental segment revenue of $3.82 billion to $3.98 billion, and adjusted Core EBITDA of $2.14 billion to $2.22 billion.
