Cost of Revenue

Total Cost of Revenue

United Rentals Total Cost of Revenue increased by 9.4% to $2.56B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $2.34B to $2.56B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.

Detailed definition

The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...

Peer comparison

In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.

Metric ID: is_total_cost_of_revenue

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q3 '25
Value$1.41B$1.49B$1.62B$1.53B$1.62B$1.69B$2.13B$2.13B$2.13B$2.13B$2.34B$2.56B
QoQ Change+5.7%+8.2%-5.1%+5.8%+3.9%+26.4%+0.0%+0.0%+0.0%+10.1%+9.4%
YoY Change+14.8%+12.9%+39.0%+31.4%+26.4%+10.1%+9.4%
Range$1.41B$2.56B
CAGR+24.2%
Avg YoY Growth+20.6%
Median YoY Growth+14.8%
Current Streak8 quarters growth

Product Breakdown

View all
SegmentQ2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q3 '25
Labor and benefits$550.00M
All other rental expenses$412.00M
Repairs and maintenance$294.00M
Delivery$274.00M
Rental Equipment$67.00M$69.00M$197.00M$197.00M$197.00M$197.00M$176.00M$186.00M
New Equipment$31.00M$25.00M$44.75M$44.75M$44.75M$44.75M$65.00M$75.00M
Serviceand Other Revenues$41.00M$45.00M$50.75M$50.75M$50.75M$50.75M$56.00M$57.00M
Contractor Supplies$23.00M$23.00M$24.75M$24.75M$24.75M$24.75M$26.00M$32.00M
Total$1.62B$1.69B$2.13B$2.13B$2.13B$2.13B$2.34B$2.56B

Frequently Asked Questions

What is United Rentals's total cost of revenue?
United Rentals (URI) reported total cost of revenue of $2.56B in Q3 2025.
How has United Rentals's total cost of revenue changed year-over-year?
United Rentals's total cost of revenue increased by 9.4% year-over-year, from $2.34B to $2.56B.
What does total cost of revenue mean?
The direct cost of making the products or providing the services that a company sells.