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Mcgrath Rentcorp MGRC Deferred Revenue

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Other financials

Income statement

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Revenue$221.1M-6.2%
Gross profit$107.9M-2.5%
Operating income$53.3M-6.8%
Net income$33.7M-6.4%
EPS (diluted)$1.37-6.2%

Balance sheet

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Cash & equivalents$4.4M+198%
Total debt$12.9M+2.0%
Total equity$1.2B+7.1%
Total assets$2.5B+7.6%

Cash flow

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Operating cash flow$63.3M+13.5%
CapEx$11.4M-35.6%
Free cash flow$52.0M+36.1%

Valuation

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Market cap$2.92B-0.1%
P/E19.1×+7.5×
P/S3.1×0.0×

Profitability

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Gross margin48.5%+1.2pp
Operating margin25.5%-0.1pp
Net margin16.4%-10.4pp
FCF margin22.5%-10.9pp

Returns & leverage

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Return on equity12.7%-11.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Mcgrath Rentcorp in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenue.

The source filing: Mcgrath Rentcorp’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-323614
(in thousands)June 30, 2026December 31, 2025
Notes payable$589,895$514,924
Accounts payable73,64366,233
Accrued liabilities131,421114,764
Deferred income140,314110,593
Deferred income taxes, net322,317313,580
Total liabilities1,257,5901,120,094
Shareholders’ equity:
Common stock, no par value - Authorized 40,000 shares

Item 1. Financial Statements

FAQ

What is Mcgrath Rentcorp's deferred revenue?
Mcgrath Rentcorp (MGRC) reported deferred revenue of $140.31M in Q2 2026.
How has Mcgrath Rentcorp's deferred revenue changed year-over-year?
Mcgrath Rentcorp's deferred revenue increased by 11.9% year-over-year, from $125.39M to $140.31M.
What is the long-term trend for Mcgrath Rentcorp's deferred revenue?
Over 5 years (2020 to 2025), Mcgrath Rentcorp's deferred revenue has grown at a 19.2% compound annual growth rate (CAGR), from $45.98M to $110.59M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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