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Other financials

Income statement

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Revenue$461.6M+9.3%
Gross profit$103.1M+20.5%
Operating income$31.5M+154%
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$2.52B+90.2%
Enterprise value$4.25B+40.2%
P/S1.3×+0.6×

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:NetIncomeLoss.

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 $000s, except per share data)Three Months Ended March 31, 20262025
Total other expense35,27437,897
Income (Loss) Before Income Taxes(3,805)(25,492)
Income Tax Expense (Benefit)297(7,701)
Net Income (Loss)$(4,102)$(17,791)
Other Comprehensive Income (Loss):
Unrealized foreign currency translation adjustments$(939)$72
Other Comprehensive Income (Loss)(939)72
Comprehensive Income (Loss)$(5,041)$(17,719)

Item 1. Financial Statements

FAQ

What is Custom Truck One Source's net income?
Custom Truck One Source (CTOS) reported net income of -$4.1M in Q1 2026.
How has Custom Truck One Source's net income changed year-over-year?
Custom Truck One Source's net income increased by 76.9% year-over-year, from -$17.79M to -$4.1M.
What is the long-term trend for Custom Truck One Source's net income?
Over 2 years (2021 to 2023), Custom Truck One Source's net income has grown at a -47.1% compound annual growth rate (CAGR), from -$181.5M to $50.71M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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