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Herc Holdings HRI Sales of new equipment — Topic 606

Other product segments

Equipment rental
$981M+32.7%
Sales of rental equipment
$138M+31.4%
Total other rental revenues
$71M
Delivery and pick-up
$62M+29.2%
Other
$35M+40.0%
Sales of new equipment, parts and supplies
$13M+18.2%
Service and other revenue
$7M+16.7%

Similar metrics at other companies

Sunbelt Rentals Holdings
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SUNBSales of new equipment, merchandise and consumables — Topic 606
$99M+19.3%
Sunbelt Rentals Holdings
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SUNBSales of rental equipment — Topic 606
$135M+20.5%
General Electric logo
GEEquipment — Sales
$3.71B+24.8%
Plug Power logo
PLUGSales Of Equipment And Related Infrastructure — Revenue (Gross)
$79.02M+24.4%
EquipmentShare.com, Inc.
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EQPTEquipment sales — Revenue under topic 842
$0
EquipmentShare.com, Inc.
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EQPTEquipment sales — Total revenues
$179M+23.4%

Other financials

Income statement

See full
Revenue$1.1B+32.3%
Net income-$24.0M-33.3%
EPS (diluted)-$0.72-14.3%

Balance sheet

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Cash & equivalents$43.0M-10.4%
Total debt$9.7B+91.7%
Total equity$1.9B+39.8%
Total assets$13.6B+76.0%

Cash flow

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Operating cash flow$277.0M+62.0%
CapEx$41.0M+24.2%
Free cash flow$236.0M+71.0%

Valuation

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Market cap$5.18B-13.1%

Profitability

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Gross margin97.8%
Net margin-0.1%
FCF margin22%-5.3pp

Returns & leverage

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Return on equity-0.3%
Debt / equity5.1×+1.4×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Herc Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Herc Holdings’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Herc Holdings's sales of new equipment — topic 606?
Herc Holdings (HRI) reported sales of new equipment — topic 606 of $6M in Q1 2026.
How has Herc Holdings's sales of new equipment — topic 606 changed year-over-year?
Herc Holdings's sales of new equipment — topic 606 increased by 20.0% year-over-year, from $5M to $6M.
What is the long-term trend for Herc Holdings's sales of new equipment — topic 606?
Over 2 years (2023 to 2025), Herc Holdings's sales of new equipment — topic 606 has grown at a 36.3% compound annual growth rate (CAGR), from $14M to $26M.
What does sales of new equipment — topic 606 mean?
This metric represents the gross revenue generated from the direct sale of new equipment inventory to customers, accounted for under ASC 606 revenue recognition standards. It reflects the company's secondary business activity of liquidating or selling new assets rather than renting them. Tracking this helps investors understand the contribution of non-rental equipment sales to the overall revenue mix.