EquipmentShare Q2: Revenue Up 26%, Adjusted Core EBITDA $531M, Guidance Reaffirmed
EQPT sits 40% above its 52-week low of $15.707.
Summary
EquipmentShare reported Q2 2026 revenue of $1.45 billion, up 26% year-over-year, with Adjusted Core EBITDA of $531 million. Full-year guidance was reaffirmed, and net leverage improved to 3.0x.
Updates
· SEC 10-Q — The 10-Q discloses a $1.35 billion notes issuance and a $500 million share repurchase authorization.
Key Events · Earnings and Guidance · EQPT
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Q2 Revenue Up 26%
Total revenue reached $1,449 million, up 26% year-over-year, driven by a 39% increase in rental segment revenue to $908 million.
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Adjusted Core EBITDA $531M
Adjusted Core EBITDA rose 34% to $531 million, with mature rental location adjusted EBITDA margins at 55% on a TTM basis.
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Net Income $19M
Net income increased to $19 million from $16 million a year ago; Adjusted Net Income was $43 million, up 169%.
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Full-Year Guidance Reaffirmed
2026 guidance maintained: Total Revenue $5,254–$5,682 million, Adjusted Core EBITDA $1,946–$2,058 million, and 427–435 full-service rental locations.
Analysis · EQPT · Trade & Services
A strong second quarter saw total revenue climb 26% to $1.45 billion, propelled by a 39% surge in rental segment revenue. Net income rose to $19 million, while Adjusted Core EBITDA jumped 34% to $531 million. Full-year 2026 guidance was reaffirmed, including total revenue of $5.25–$5.68 billion and Adjusted Core EBITDA of $1.95–$2.06 billion. Net leverage improved to 3.0x from 3.4x a year ago, and liquidity stands at $1.42 billion, or $2.76 billion including the July bond issuance. This filing provides the complete financial statements and detailed segment data that were not available in the earlier Reuters summary.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1052 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EQPT was trading at $22.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $5.2B. The 52-week trading range was $15.71 to $35.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.