Filing Flows › WillScot Holdings (WSC) › Q2 2026 › vs Q1 2026
WillScot Holdings (WSC) Q2 2026 vs Q1 2026 (quarter over quarter)
WillScot Holdings's revenue rose $63.5M (+12%) from $549M in Q1 2026 to $612M in Q2 2026. Gross margin 50.0% against 52.1% (-2.0 pts).
WillScot Holdings, Q2 2026: revenue $612M (+4% year over year), operating margin 19.2%, net earnings $47.0M, operating cash flow $162M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 50.0% | 52.1% | -2.0 pts |
| Operating margin | 19.2% | 17.6% | +1.6 pts |
| Net margin | 7.7% | 5.1% | +2.5 pts |
| Free cash flow margin | 25.7% | 34.2% | -8.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $612M | $549M | $63.5M | +12% |
| Gross profit | $306M | $286M | $20.6M | +7% |
| Cost of revenue | $306M | $263M | $42.9M | +16% |
| Operating profit | $117M | $96.7M | $20.8M | +22% |
| Operating expenses | $189M | $189M | −$242K | -0.1% |
| Pre-tax earnings | $64.0M | $43.1M | $21.0M | +49% |
| Other expense, net | $53.5M | $53.6M | −$128K | -0.2% |
| SG&A | $160M | $154M | $6.2M | +4% |
| Other operating costs | $28.5M | $35.0M | −$6.5M | -19% |
| Net earnings | $47.0M | $28.1M | $18.9M | +67% |
| Income tax | $17.0M | $14.9M | $2.1M | +14% |
| Depreciation & amortization | $23.0M | $23.7M | −$650K | -3% |
| Share-based compensation | $7.9M | $7.1M | $788K | +11% |
| Working capital & other | $84.4M | $132M | −$47.8M | -36% |
| Operating cash flow | $162M | $191M | −$28.8M | -15% |
| Free cash flow (OCF − capex) | $158M | $187M | −$29.9M | -16% |
| Capital expenditures | $4.7M | $3.6M | $1.1M | +31% |
Questions
How much did WillScot Holdings's revenue grow quarter over quarter in Q2 2026?
WillScot Holdings's revenue rose $63.5M (+12%) from $549M in Q1 2026 to $612M in Q2 2026. Gross margin 50.0% against 52.1% (-2.0 pts).