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Mcgrath Rentcorp MGRC Q1 2026 earnings

Reported April 29, 2026 · After market close

Revenue$198.5MBeat by $350.7K
EPS$1.10Miss by $0.03
Revenue estimate$198.2M
EPS estimate$1.13

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$269.6M
EPS estimate$1.82

Financials

Q1 2026

Income statement

See full
Revenue$198.5M+1.6%
Gross profit$96.9M+0.5%
Operating income$43.4M-4.8%
Net income$27.0M-4.2%
EPS (diluted)$1.10-4.3%

Balance sheet

See full
Cash & equivalents$2.4M-30.5%
Total equity$1.2B+8.8%
Total assets$2.4B+6.1%

Cash flow

See full
Operating cash flow$42.4M-21.4%
CapEx$8.0M+101%
Free cash flow$34.3M-31.2%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$2.71B-0.8%
P/E17.5×+6.0×
P/S2.9×-0.1×

Profitability

See full
Gross margin48.1%+0.3pp
Operating margin25.5%+1.0pp
Net margin16.4%-9.4pp
FCF margin20.7%-17.4pp

Returns & leverage

See full
Return on equity13.1%-9.7pp

Segments

By segment

See full
Mobile Modular$134.4M+1.9%
Trs Ren Telco$38.7M+10.5%
Portable Storage$21.9M+3.1%
Enviroplex$3.5M-51.4%

By product

See full
Non Lease Revenues$44.1M-7.1%
Non Lease Sales$33.5M-12.6%
Non Lease Rental Related Services$10.2M+16.9%
Non Lease Other$448.0K+4.4%

Versus estimates

Revenue

Q2 2026$221.1MMiss by $15.4M
Q1 2026$198.5MBeat by $350.7K
Q4 2025$256.8MBeat by $2.4MQ3 2025$256.4MBeat by $2.1MQ2 2025$235.6MMiss by $41.2MQ1 2025$195.4MBeat by $6.4M

Diluted EPS

Q2 2026$1.37Miss by $0.10
Q1 2026$1.10Miss by $0.03
Q4 2025$2.02Beat by $0.28Q3 2025$1.72Miss by $0.11Q2 2025$1.46Beat by $0.16Q1 2025$1.15Beat by $0.13

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Questions, answered.

When did Mcgrath Rentcorp report Q1 2026 earnings?
Mcgrath Rentcorp (MGRC) reported Q1 2026 earnings on April 29, 2026 after market close.
What were Mcgrath Rentcorp's Q1 2026 revenue and EPS?
Mcgrath Rentcorp reported revenue of $198.5M and eps of $1.10 for Q1 2026.
Did Mcgrath Rentcorp beat estimates in Q1 2026?
Revenue beat the consensus estimate of $198.2M by $350.7K. EPS missed the consensus estimate of $1.13 by $0.03.
How did Mcgrath Rentcorp's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 1.6% from $195.4M a year earlier and eps declined 4.3% from $1.15.
Where can I find Mcgrath Rentcorp's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-191428) and the 10-Q periodic report (0001193125-26-191431) directly on SEC EDGAR. The filing index links above go to sec.gov.