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Filing Flows › WillScot Holdings (WSC) › Q3 2026 › vs Q2 2026

WillScot Holdings (WSC) Q3 2026 vs Q2 2026 (quarter over quarter)

WillScot Holdings's revenue fell $10.8M (-2%) from $612M in Q2 2026 to $601M in Q3 2026. Gross margin 50.7% against 50.0% (+0.7 pts).

WillScot Holdings, Q3 2026: revenue $601M (+6% year over year), operating margin 21.0%, net earnings $51.6M, operating cash flow $198M. The chart draws each line against Q2 2026, the increases inside each band.

WillScot Holdings: what changed, Q3 2026 vs Q2 2026WillScot Holdings: what changed, Q3 2026 vs Q2 2026Operating cash flow$35.7MFree cash flow (OCF − capex)$35.1MWorking capital & other$32.1MOperating expenses−$10.2MCost of revenue−$9.4MOperating profit$8.8MPre-tax earnings$7.3MSG&A−$5.8MNet earnings$4.6MOther operating costs−$4.4M

Margins

Q3 2026Q2 2026Change
Gross margin50.7%50.0%+0.7 pts
Operating margin21.0%19.2%+1.8 pts
Net margin8.6%7.7%+0.9 pts
Free cash flow margin32.0%25.7%+6.3 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$601M$612M−$10.8M-2%
Gross profit$305M$306M−$1.5M-0.5%
Cost of revenue$297M$306M−$9.4M-3%
Operating profit$126M$117M$8.8M+7%
Operating expenses$179M$189M−$10.2M-5%
Pre-tax earnings$71.3M$64.0M$7.3M+11%
Other expense, net$55.0M$53.5M$1.5M+3%
SG&A$154M$160M−$5.8M-4%
Other operating costs$24.1M$28.5M−$4.4M-16%
Net earnings$51.6M$47.0M$4.6M+10%
Income tax$19.7M$17.0M$2.7M+16%
Depreciation & amortization$22.5M$23.0M−$563K-2%
Share-based compensation$7.5M$7.9M−$392K-5%
Working capital & other$116M$84.4M$32.1M+38%
Operating cash flow$198M$162M$35.7M+22%
Free cash flow (OCF − capex)$193M$158M$35.1M+22%
Capital expenditures$5.4M$4.7M$655K+14%

Questions

How much did WillScot Holdings's revenue grow quarter over quarter in Q3 2026?

WillScot Holdings's revenue fell $10.8M (-2%) from $612M in Q2 2026 to $601M in Q3 2026. Gross margin 50.7% against 50.0% (+0.7 pts).

Q3 2026 results → · Compare in the interactive Sankey →