What does services — revenue under topic 842 mean?

This metric represents revenue generated from equipment service contracts that fall under the scope of ASC 842 lease accounting standards. It captures the portion of service-related income derived from arrangements where the underlying equipment rental or service provision is classified as a lease. This is critical for understanding how the company recognizes revenue from long-term equipment utilization agreements.

EquipmentShare.com, Inc. EQPT Services — Revenue under topic 842

Other product segments

Equipment rental and related services

$657M+38.3%

Equipment rental revenue

$607M+38.3%

Other equipment rental

$27M+35.0%

Delivery and pick-up

$23M+43.8%

Equipment parts and supplies and services

$0—

Equipment parts and supplies sales

$0—

Equipment sales

$0—

Other

$0—

Telematics

$0—

Similar metrics at other companies

CTOSTotal sales and services — Topic 842

$2.42M-50.0%

HRIEquipment rental — Topic 842 revenues

$919M+33.0%

HRIEquipment rental — Topic 842

$884M+32.7%

HRIOther — Topic 842

$35M+40.0%

SHENIncome from leasing arrangements (ASC 842) — Service revenue and other

$1.7M+16.2%

HRITotal other rental revenues — Topic 842

$35M+40.0%

Other financials

Income statement

See full

Revenue$989.0M+38.1%

Gross profit$287.0M+43.5%

Operating income$1.0M+110%

Net income-$29.0M+39.6%

EPS (diluted)$0.00+102%

Balance sheet

See full

Cash & equivalents$329.0M—

Total debt$4.0B—

Total equity$1.2B+145%

Total assets$6.4B—

Cash flow

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Operating cash flow-$200.0M-292%

CapEx$328.0M+11.9%

Free cash flow-$528.0M-53.5%

Valuation

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Market cap$4.97B-33.9%

Enterprise value$8.68B—

P/S1.4×—

Profitability

See full

Gross margin25.7%-2.5pp

Operating margin4.3%-4.1pp

Net margin-1.3%-1.8pp

FCF margin-37.4%+5.9pp

Returns & leverage

See full

Return on equity0.5%-2.4pp

Debt / equity3.4×—

Current ratio2.5×—

Where this comes from

Reported directly by EquipmentShare.com, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The official record: EquipmentShare.com, Inc. ’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EquipmentShare.com, Inc. 's services — revenue under topic 842?: EquipmentShare.com, Inc. (EQPT) reported services — revenue under topic 842 of $0 in Q1 2026.
What does services — revenue under topic 842 mean?: This metric represents revenue generated from equipment service contracts that fall under the scope of ASC 842 lease accounting standards. It captures the portion of service-related income derived from arrangements where the underlying equipment rental or service provision is classified as a lease. This is critical for understanding how the company recognizes revenue from long-term equipment utilization agreements.