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Herc Holdings HRI Delivery and pick-up — Topic 606

Other product segments

Equipment rental
$1.07B+23.2%
Sales of rental equipment
$110M+3.8%
Total other rental revenues
$110M
Other
$38M+15.2%
Sales of new equipment, parts and supplies
$12M-29.4%
Service and other revenue
$10M+11.1%

Similar metrics at other companies

Sunbelt Rentals Holdings logo
SUNBDelivery and pick-up — Topic 606
$216M+10.2%
Sunbelt Rentals Holdings logo
SUNBOther — Topic 606
$306M+19.5%
Sezzle logo
SEZLSubscription Revenue — Topic 606
$35.7M+58.0%
Sunbelt Rentals Holdings logo
SUNBSales of rental equipment — Topic 606
$135M+20.5%
Sunbelt Rentals Holdings logo
SUNBSales of new equipment, merchandise and consumables — Topic 606
$99M+19.3%
United Rentals logo
URIDelivery And Pick-Up — Revenue
$341M+16.0%

Other financials

Income statement

See full
Revenue$1.2B+20.2%
Net income$19.0M+154%
EPS (diluted)$0.57+149%

Balance sheet

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Cash & equivalents$43.0M-18.9%
Total debt$9.6B-3.1%
Total equity$1.9B-1.1%
Total assets$13.7B-2.1%

Cash flow

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Operating cash flow$314.0M+30.3%
CapEx$41.0M-12.8%
Free cash flow$273.0M+40.7%

Valuation

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Market cap$5.62B+45.6%
Enterprise value$15.15B+10.7%
P/E114.7×
P/S1.2×+0.1×

Profitability

See full
Gross margin97.8%
Net margin1%
FCF margin22.8%-1.3pp

Returns & leverage

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Return on equity2.6%
Debt / equity5.1×-0.1×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Herc Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Herc Holdings’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 6:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001364479-26-000109
Line itemThree Months Ended June 30, 2026 / Topic 842Three Months Ended June 30, 2026 / Topic 606Three Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / Topic 842Three Months Ended June 30, 2025 / Topic 606Three Months Ended June 30, 2025 / Total
Revenues:
Equipment rental$962$962$777$777
Other rental revenue:
Delivery and pick-up72726060
Other38383333
Total other rental revenues3872110336093
Total equipment rental1,000721,07281060870
Sales of rental equipment110110106106

Item 1. Financial Statements

FAQ

What is Herc Holdings's delivery and pick-up — topic 606?
Herc Holdings (HRI) reported delivery and pick-up — topic 606 of $72M in Q2 2026.
How has Herc Holdings's delivery and pick-up — topic 606 changed year-over-year?
Herc Holdings's delivery and pick-up — topic 606 increased by 20.0% year-over-year, from $60M to $72M.
What is the long-term trend for Herc Holdings's delivery and pick-up — topic 606?
Over 4 years (2021 to 2025), Herc Holdings's delivery and pick-up — topic 606 has grown at a 23.5% compound annual growth rate (CAGR), from $110M to $256M.
What does delivery and pick-up — topic 606 mean?
This metric represents the revenue recognized from logistics services related to the transport of rented equipment to and from customer sites, accounted for under ASC 606 revenue recognition standards. It captures the value generated by the company's internal or outsourced fleet delivery operations as a distinct service component. This figure is essential for understanding the ancillary revenue streams derived from equipment rental logistics.

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