What does telematics — revenue under topic 842 mean?

This metric captures the portion of telematics and platform revenue that is recognized specifically under ASC 842 lease accounting standards, typically involving embedded leases within service contracts. It identifies revenue derived from digital services that are bundled with equipment usage or hardware components deemed to be lease arrangements. This provides transparency into how much of the digital platform revenue is tied to the underlying physical asset lease structure.

EquipmentShare.com, Inc. EQPT Telematics — 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—

Services

$0—

Similar metrics at other companies

SKYTCombined ATS development and Wafer Services — Lease Revenue Per Topic 842

$369K-68.4%

CTOSTotal rental revenue — Topic 842

$130.61M+18.4%

SKYTTime-and-materials and cost-plus-fixed-fee contracts — Lease Revenue Per Topic 842

$0—

SKYTAdvanced Technology Services (ATS) Development — Lease Revenue Per Topic 842

$0-100%

CTOSTotal sales and services — Topic 842

$2.42M-50.0%

SKYTTools — Lease Revenue Per Topic 842

$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

See full

Operating cash flow-$200.0M-292%

CapEx$328.0M+11.9%

Free cash flow-$528.0M-53.5%

Valuation

See full

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 →

Ask your AI about EquipmentShare.com, Inc. 's telematics — revenue under topic 842.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is EquipmentShare.com, Inc. 's telematics — revenue under topic 842?: EquipmentShare.com, Inc. (EQPT) reported telematics — revenue under topic 842 of $0 in Q1 2026.
What does telematics — revenue under topic 842 mean?: This metric captures the portion of telematics and platform revenue that is recognized specifically under ASC 842 lease accounting standards, typically involving embedded leases within service contracts. It identifies revenue derived from digital services that are bundled with equipment usage or hardware components deemed to be lease arrangements. This provides transparency into how much of the digital platform revenue is tied to the underlying physical asset lease structure.