Filing Flows › Herc Holdings (HRI) › How it makes money
How Herc Holdings (HRI) makes money
Herc Holdings (HRI) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Equipment rental brought in $1.3B (92%); Delivery and pick-up brought in $83.0M (6%); Sales of new equipment, parts and supplies brought in $13.0M (1%). Of every dollar of revenue, 9¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Equipment rental | $1.3B | 91.7% | +13% | +5% |
| ↳ Equipment rental | $1.1B | 82.4% | +17% | +13% |
| ↳ Sales of rental equipment | $85.0M | 6.2% | -23% | -44% |
| ↳ Other | $43.0M | 3.1% | +13% | -4% |
| Delivery and pick-up | $83.0M | 6.1% | +15% | +8% |
| Sales of new equipment, parts and supplies | $13.0M | 0.9% | +8% | -28% |
| Service and other revenue | $12.0M | 0.9% | +20% | -8% |
| Sales of new equipment | $5.0M | 0.4% | +25% | 0% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.4B | 100.0% |
| Operating profit | $120M | 8.8% |
| Income tax | $16.0M | 1.2% |
| Net earnings | $104M | 7.6% |
| Operating cash flow | $360M | 26.3% |
| Free cash flow | $335M | 24.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.4B | +5% |
| Q2 2026 | $1.2B | +20% |
| Q1 2026 | $1.1B | +32% |
| Q4 2025 | $1.2B | +27% |
| Q3 2025 | $1.3B | +35% |
| Q2 2025 | $1.0B | +18% |
| Q1 2025 | $861M | +7% |
From Herc Holdings' 10-Q filed Oct 27, 2026 (on EDGAR).
Questions
How does Herc Holdings make money?
Herc Holdings (HRI) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. Equipment rental brought in $1.3B (92%); Delivery and pick-up brought in $83.0M (6%); Sales of new equipment, parts and supplies brought in $13.0M (1%). Of every dollar of revenue, 9¢ was left as operating profit, 8¢ was left as net earnings.
What is Herc Holdings' biggest business?
Equipment rental: $1.3B in the third quarter 2026, 92% of revenue, +5% from a year earlier.
What is Herc Holdings' profit margin?
Net earnings were $104M, 7.6% of revenue, in the third quarter 2026; the operating margin was 8.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.