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Custom Truck One Source CTOS Equipment sales — Topic 842

Other product segments

Rental
$130.61M+18.4%
Parts sales and services
$1.69M-36.8%
Shipping and handling
$0

Similar metrics at other companies

EquipmentShare.com, Inc.
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EQPTEquipment sales — Revenue under topic 842
$0
Sunbelt Rentals Holdings
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SUNBEquipment rentals — Topic 842
$2.08B+6.1%
Herc Holdings logo
HRIEquipment rental — Topic 842
$884M+32.7%
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HRIEquipment rental — Topic 842 revenues
$919M+33.0%
EquipmentShare.com, Inc.
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EQPTEquipment parts and supplies and services — Revenue under topic 842
$0
EquipmentShare.com, Inc.
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EQPTEquipment rental and related services — Revenue under topic 842
$657M+38.3%

Other financials

Income statement

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Revenue$461.6M+9.3%
Gross profit$103.1M+20.5%
Operating income$31.5M+154%
Net income-$4.1M+76.9%
EPS (diluted)-$0.02+75.0%

Balance sheet

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Cash & equivalents$9.6M+78.6%
Total debt$1.7B+3.1%
Total equity$805.2M-1.0%
Total assets$3.5B+0.1%

Cash flow

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Operating cash flow$23.8M-57.2%
CapEx$3.7M+755%
Free cash flow$20.1M-63.6%

Valuation

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Market cap$2.59B+56.4%

Profitability

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Gross margin21.7%+0.4pp
Operating margin7.3%+0.6pp
Net margin-2.2%-5.8pp
FCF margin13.8%+3.2pp

Returns & leverage

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Return on equity-4.6%-12.0pp
Debt / equity2.2×+0.1×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Custom Truck One Source in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The official record: Custom Truck One Source’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Custom Truck One Source's equipment sales — topic 842?
Custom Truck One Source (CTOS) reported equipment sales — topic 842 of $730K in Q1 2026.
How has Custom Truck One Source's equipment sales — topic 842 changed year-over-year?
Custom Truck One Source's equipment sales — topic 842 decreased by 66.2% year-over-year, from $2.16M to $730K.
What is the long-term trend for Custom Truck One Source's equipment sales — topic 842?
Over 4 years (2021 to 2025), Custom Truck One Source's equipment sales — topic 842 has grown at a -22.1% compound annual growth rate (CAGR), from $16.27M to $5.99M.
What does equipment sales — topic 842 mean?
Represents the lease-related financial impacts recognized under ASC 842 accounting standards within the equipment sales segment. This metric captures the adjustments and recognition of lease assets and liabilities associated with the company's specialty equipment offerings. It provides insight into how lease accounting standards influence the reported financial position of the equipment sales division.