Filing Flows › Herc Holdings (HRI) › Q3 2026 › vs Q2 2026
Herc Holdings (HRI) Q3 2026 vs Q2 2026 (quarter over quarter)
Herc Holdings's revenue rose $160M (+13%) from $1.2B in Q2 2026 to $1.4B in Q3 2026. The biggest changes: Equipment rental +$146M (+13%); Delivery and pick-up +$11.0M (+15%); Service and other revenue +$2.0M (+20%). Operating margin 8.8% against 2.0% (+6.8 pts).
Herc Holdings, Q3 2026: revenue $1.4B (+5% year over year), operating margin 8.8%, net earnings $104M, operating cash flow $360M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 8.8% | 2.0% | +6.8 pts |
| Net margin | 7.6% | 1.6% | +6.0 pts |
| Free cash flow margin | 24.6% | 22.7% | +1.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Equipment rental | $1.1B | $962M | $166M | +17% |
| Sales of rental equipment | $85.0M | $110M | −$25.0M | -23% |
| Other | $43.0M | $38.0M | $5.0M | +13% |
| Equipment rental | $1.3B | $1.1B | $146M | +13% |
| Delivery and pick-up | $83.0M | $72.0M | $11.0M | +15% |
| Sales of new equipment, parts and supplies | $13.0M | $12.0M | $1.0M | +8% |
| Service and other revenue | $12.0M | $10.0M | $2.0M | +20% |
| Sales of new equipment | $5.0M | $4.0M | $1.0M | +25% |
| Revenue | $1.4B | $1.2B | $160M | +13% |
| Operating profit | $120M | $24.0M | $96.0M | +400% |
| Costs & expenses | $1.2B | $1.2B | $64.0M | +5% |
| Pre-tax earnings | $120M | $24.0M | $96.0M | +400% |
| SG&A | $178M | $155M | $23.0M | +15% |
| Other operating costs | $1.1B | $1.0B | $41.0M | +4% |
| Net earnings | $104M | $19.0M | $85.0M | +447% |
| Income tax | $16.0M | $5.0M | $11.0M | +220% |
| Share-based compensation | $14.0M | $2.0M | $12.0M | +600% |
| Working capital & other | $242M | $293M | −$51.0M | -17% |
| Operating cash flow | $360M | $314M | $46.0M | +15% |
| Free cash flow (OCF − capex) | $335M | $273M | $62.0M | +23% |
| Capital expenditures | $25.0M | $41.0M | −$16.0M | -39% |
Questions
How much did Herc Holdings's revenue grow quarter over quarter in Q3 2026?
Herc Holdings's revenue rose $160M (+13%) from $1.2B in Q2 2026 to $1.4B in Q3 2026.
What drove Herc Holdings's revenue change in Q3 2026?
Equipment rental +$146M (+13%); Delivery and pick-up +$11.0M (+15%); Service and other revenue +$2.0M (+20%).