Income StatementBalance SheetCash FlowSegments
EquipmentShare.com, Inc. logo

EquipmentShare.com, Inc. Business Segments

Business, geographic, and product segment breakdowns

EquipmentShare.com, Inc. generates $3.6B in annual revenue across 2 key segments: Equipment Rental and Service Operations ($598.5M), and Equipment Sales ($1.2B). The company-wide operating margin is 2.79%. Based on the Q1 2026 filing.

Equipment Rental and Service Operations (TTM)$598.5MEquipment Sales (TTM)$1.2B
Latest FilingQ1 2026
Report Date2026-05-14
Market Cap$6.0B
ROE-8.44%

Products & Services

Other income, net ($3 and $2 from related parties, respectively)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Construction Developer Fees$250.0K$1.0M———$2.0M
Property Site Purchase Rights and Transaction Services$1.3M$2.0M———$1.0M

Rental equipment, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Containers and Vehicles————$5.0M—
Other Miscellaneous Parts, Equipment and Supplies————$1.0M—

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment rental revenue$412.3M$439.0M———$607.0M
Services$19.5M$38.0M———$46.0M
Delivery and pick-up$31.5M$32.0M———$44.0M
Other equipment rental$23.0M$24.0M———$32.0M
Equipment parts and supplies sales$19.8M$20.0M———$31.0M

Revenue under topic 842

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment rental and related services$446.8M$475.0M———$657.0M
Equipment rental revenue$412.3M$439.0M———$607.0M
Other equipment rental$18.5M$20.0M———$27.0M
Delivery and pick-up$16.0M$16.0M———$23.0M
Equipment parts and supplies and services$0.0$0.0———$0.0
Equipment parts and supplies sales$0.0$0.0———$0.0
Equipment sales$0.0$0.0———$0.0
Other$0.0$0.0———$0.0
Services$0.0$0.0———$0.0
Telematics$0.0$0.0———$0.0

Total revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment rental and related services$466.8M$495.0M———$683.0M
Equipment sales$419.0M$145.0M———$179.0M
Equipment parts and supplies and services$39.3M$58.0M———$77.0M
Telematics$8.0M$10.0M——$9.0M$31.0M
Other$8.0M$8.0M———$19.0M

Sublease income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment rental revenue$206.8M$245.0M———$351.0M

Unbilled rental revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unbilled Rental Revenue$7.0M$11.3M$11.3M$11.3M$11.3M—

Business Segments

Cost of Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Rental and Service Operations$144.5M$165.0M———$216.0M
Equipment Sales$350.0M$113.0M———$146.0M

Proceeds from sale of rental equipment ($21 from related parties in 2025)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Sales$330.8M$75.0M———$115.0M
Equipment Rental and Service Operations$0.0$0.0———$0.0

Purchases of rental equipment from related parties

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Rental and Service Operations$396.5M$293.0M———$328.0M
Equipment Sales$0.0$0.0———$0.0

Segment Adjusted EBITDA

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Rental and Service Operations$204.0M$209.0M———$323.0M
Equipment Sales$61.8M$25.0M———$26.0M

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Rental and Service Operations$160.3M$182.0M———$225.0M
Equipment Sales$7.3M$7.0M———$7.0M

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Rental and Service Operations$3.0B———$3.9B$4.2B
Equipment Sales$213.0M———$160.0M$171.0M

Total revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equipment Rental and Service Operations$508.8M$556.0M———$764.0M