Filing Flows › Herc Holdings (HRI) › Q2 2026
Herc Holdings (HRI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Herc Holdings (HRI) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +6% from the quarter before. Operating margin was 2.0%, net earnings $19.0M (1.6% of revenue).
Herc Holdings, Q2 2026: revenue $1.2B (+20% year over year), operating margin 2.0%, net earnings $19.0M, operating cash flow $314M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +6% | +20% |
| Operating profit | $24.0M | — | — |
| Net earnings | $19.0M | — | — |
| Operating cash flow | $314M | +13% | +30% |
| Free cash flow | $273M | +16% | +41% |
What changed
Revenue was $1.2B in Q2 2026, up 20% year over year and up 6% from the previous quarter. Equipment rental was the largest line at 80% of revenue. Equipment rental added $0.18B year over year (up 24%), 92% of the total change. Sales of new equipment declined 43%.
Operating profit was $0.02B, a 2.0% margin (up 6.6 points year over year). Total costs grew 13% against revenue growth of 20%. The fastest-growing cost line was SG&A (+22%). Net earnings were $0.02B. The effective tax rate was 20.8%.
Operating cash flow was $0.31B (up 30% year over year), 1653% of net earnings. Non-cash charges added back $2.0M of share-based compensation. Working capital and other items added $0.29B. Capital expenditures of $0.04B left free cash flow of $0.27B.
Questions
What was Herc Holdings' revenue in the second quarter 2026?
Herc Holdings (HRI) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +6% from the quarter before.
Was Herc Holdings profitable in the second quarter 2026?
Operating profit was $24.0M (2.0% of revenue) and net earnings $19.0M.
Source: Herc Holdings 10-Q on SEC EDGAR.