Filing Flows › EquipmentShare.com (EQPT) › Q1 2026 › vs Q1 2025
EquipmentShare.com (EQPT) Q1 2026 vs Q1 2025 (year over year)
EquipmentShare.com's revenue rose $273M (+38%) from $716M in Q1 2025 to $989M in Q1 2026. The biggest changes: Equipment rental, parts, supplies and services +$217M (+40%); Equipment sales +$34.0M (+23%); Equipment parts and supplies sales +$11.0M (+55%).
EquipmentShare.com, Q1 2026: revenue $989M (+38% year over year), operating margin 0.1%, net loss $29.0M, operating cash flow −$200M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Equipment rental revenue | $607M | $439M | $168M | +38% |
| Services | $46.0M | $38.0M | $8.0M | +21% |
| Delivery and pick-up | $44.0M | $32.0M | $12.0M | +38% |
| Other equipment rental | $32.0M | $24.0M | $8.0M | +33% |
| Telematics | $31.0M | $10.0M | $21.0M | +210% |
| Equipment rental, parts, supplies and services | $760M | $543M | $217M | +40% |
| Equipment sales | $179M | $145M | $34.0M | +23% |
| Equipment parts and supplies sales | $31.0M | $20.0M | $11.0M | +55% |
| Other | $19.0M | $8.0M | $11.0M | +138% |
| Revenue | $989M | $716M | $273M | +38% |
| Income tax benefit | $32.0M | $19.0M | $13.0M | +68% |
| Net loss | $29.0M | $48.0M | −$19.0M | -40% |
| Costs & expenses | $1.1B | $783M | $267M | +34% |
| Operating costs | $988M | $726M | $262M | +36% |
| Interest & other, net | $62.0M | $57.0M | $5.0M | +9% |
| Cost of revenue | $702M | $516M | $186M | +36% |
| Operating expenses | $286M | $210M | $76.0M | +36% |
| Operating cash sources | $323M | $131M | $192M | +147% |
| Depreciation & amortization | $104M | $79.0M | $25.0M | +32% |
| Share-based compensation | $19.0M | $1.0M | $18.0M | 19× |
| Cash used in operations | $200M | $51.0M | $149M | +292% |
| Net loss absorbed | $29.0M | $48.0M | −$19.0M | -40% |
| Working capital & other | $294M | $83.0M | $211M | +254% |
Questions
How much did EquipmentShare.com's revenue grow year over year in Q1 2026?
EquipmentShare.com's revenue rose $273M (+38%) from $716M in Q1 2025 to $989M in Q1 2026.
What drove EquipmentShare.com's revenue change in Q1 2026?
Equipment rental, parts, supplies and services +$217M (+40%); Equipment sales +$34.0M (+23%); Equipment parts and supplies sales +$11.0M (+55%).