Filing Flows › Herc Holdings (HRI) › Q3 2026 › vs Q3 2025
Herc Holdings (HRI) Q3 2026 vs Q3 2025 (year over year)
Herc Holdings's revenue rose $60.0M (+5%) from $1.3B in Q3 2025 to $1.4B in Q3 2026. The biggest changes: Equipment rental +$60.0M (+5%); Delivery and pick-up +$6.0M (+8%); Sales of new equipment, parts and supplies −$5.0M (-28%). Operating margin 8.8% against 2.9% (+5.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.8% | 2.9% | +5.9 pts |
| Net margin | 7.6% | 2.3% | +5.3 pts |
| Free cash flow margin | 24.6% | 24.2% | +0.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Equipment rental | $1.1B | $1.0B | $128M | +13% |
| Sales of rental equipment | $85.0M | $151M | −$66.0M | -44% |
| Other | $43.0M | $45.0M | −$2.0M | -4% |
| Equipment rental | $1.3B | $1.2B | $60.0M | +5% |
| Delivery and pick-up | $83.0M | $77.0M | $6.0M | +8% |
| Sales of new equipment, parts and supplies | $13.0M | $18.0M | −$5.0M | -28% |
| Service and other revenue | $12.0M | $13.0M | −$1.0M | -8% |
| Sales of new equipment | $5.0M | $5.0M | $0 | 0% |
| Revenue | $1.4B | $1.3B | $60.0M | +5% |
| Operating profit | $120M | $38.0M | $82.0M | +216% |
| Costs & expenses | $1.2B | $1.3B | −$22.0M | -2% |
| Pre-tax earnings | $120M | $38.0M | $82.0M | +216% |
| SG&A | $178M | $166M | $12.0M | +7% |
| Other operating costs | $1.1B | $1.1B | −$34.0M | -3% |
| Net earnings | $104M | $30.0M | $74.0M | +247% |
| Income tax | $16.0M | $8.0M | $8.0M | +100% |
| Share-based compensation | $14.0M | $16.0M | −$2.0M | -12% |
| Working capital & other | $242M | $312M | −$70.0M | -22% |
| Operating cash flow | $360M | $358M | $2.0M | +0.6% |
| Free cash flow (OCF − capex) | $335M | $315M | $20.0M | +6% |
| Capital expenditures | $25.0M | $43.0M | −$18.0M | -42% |
Questions
How much did Herc Holdings's revenue grow year over year in Q3 2026?
Herc Holdings's revenue rose $60.0M (+5%) from $1.3B in Q3 2025 to $1.4B in Q3 2026.
What drove Herc Holdings's revenue change in Q3 2026?
Equipment rental +$60.0M (+5%); Delivery and pick-up +$6.0M (+8%); Sales of new equipment, parts and supplies −$5.0M (-28%).