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EquipmentShare.com, Inc. EQPT Provision for Credit Losses

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Other financials

Income statement

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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

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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$5.04B-32.9%
Enterprise value$8.75B
P/S1.4×

Profitability

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Gross margin25.7%-2.5pp
Operating margin4.3%-4.1pp
Net margin-1.3%-1.8pp
FCF margin-37.4%+5.9pp

Returns & leverage

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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:ProvisionForDoubtfulAccounts.

The source filing: EquipmentShare.com, Inc.’s 10-K, filed March 19, 2026.

Filed
Mar 19, 2026, 9:43 AM EDT
Fiscal year
FY2025
Accession
0001628280-26-019656
Line itemYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Gain on sale of properties and other assets(1)(20)(10)
Loss on debt extinguishment830
Amortization of debt issuance costs and original issue discounts212014
Allowance for credit losses and doubtful accounts282410
Change in operating lease cost115153151
Stock-based compensation expense443
Deferred taxes124
Other(18)(1)1

Item 8. Financial Statements and Supplementary Data

FAQ

What is EquipmentShare.com, Inc.'s provision for credit losses?
EquipmentShare.com, Inc. (EQPT) reported provision for credit losses of $7M in Q4 2025.
How has EquipmentShare.com, Inc.'s provision for credit losses changed year-over-year?
EquipmentShare.com, Inc.'s provision for credit losses increased by 16.7% year-over-year, from $6M to $7M.
What is the long-term trend for EquipmentShare.com, Inc.'s provision for credit losses?
Over 2 years (2023 to 2025), EquipmentShare.com, Inc.'s provision for credit losses has grown at a 67.3% compound annual growth rate (CAGR), from $10M to $28M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

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