What does total rental revenue — topic 842 mean?

This metric reflects the financial impact of lease accounting standards (ASC 842) on the rental segment, typically representing the recognition of right-of-use assets and lease liabilities. It provides insight into the company's capital structure and the scale of leased equipment assets managed within the rental portfolio. Investors use this to understand the underlying asset base and the accounting treatment of rental-related obligations.

Custom Truck One Source (CTOS) Total rental revenue — Topic 842

Screener

Other product segments

Rental

$130.61M+18.4%

Parts sales and services

$1.69M-36.8%

Equipment sales

$730K-66.2%

Shipping and handling

$0—

Similar metrics at other companies

URIEquipment rentals — Revenues, Topic 842

$3.42B+11.2%

EQPTEquipment rental revenue — Revenue under topic 842

$607M+38.3%

EQPTOther equipment rental — Revenue under topic 842

$27M+35.0%

URIAncillary and Other Rental Revenues — Revenues, Topic 842

$337M+26.7%

EQPTOther — Revenue under topic 842

$0—

EQPTServices — Revenue under topic 842

$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$23.8M-57.2%

CapEx$3.7M+755%

Free cash flow$20.1M-63.6%

Valuation

See full

Market cap$2.52B+90.2%

Enterprise value$4.25B+40.2%

P/S1.3×+0.6×

Profitability

See full

Gross margin21.7%+0.4pp

Operating margin7.3%+0.6pp

Net margin-2.2%-5.8pp

FCF margin13.8%+3.2pp

Returns & leverage

See full

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 source filing: Custom Truck One Source’s 10-Q, filed April 27, 2026.

Filed: Apr 27, 2026, 4:17 PM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0001709682-26-000018

(in $000s)	Three Months Ended March 31, 2026 / Topic 842	Three Months Ended March 31, 2026 / Topic 606	Three Months Ended March 31, 2026 / Total	Three Months Ended March 31, 2025 / Topic 842	Three Months Ended March 31, 2025 / Topic 606	Three Months Ended March 31, 2025 / Total
Rental:
Rental	$130,608	—	$130,608	$110,285	—	$110,285
Shipping and handling	—	6,607	6,607	—	5,976	5,976
Total rental revenue	130,608	6,607	137,215	110,285	5,976	116,261
Sales and services:
Equipment sales	730	291,904	292,634	2,161	271,702	273,863
Parts and services	1,689	30,084	31,773	2,673	29,435	32,108
Total sales and services	2,419	321,988	324,407	4,834	301,137	305,971

Item 1. Financial Statements

FAQ

What is Custom Truck One Source's total rental revenue — topic 842?: Custom Truck One Source (CTOS) reported total rental revenue — topic 842 of $130.61M in Q1 2026.
What does total rental revenue — topic 842 mean?: This metric reflects the financial impact of lease accounting standards (ASC 842) on the rental segment, typically representing the recognition of right-of-use assets and lease liabilities. It provides insight into the company's capital structure and the scale of leased equipment assets managed within the rental portfolio. Investors use this to understand the underlying asset base and the accounting treatment of rental-related obligations.