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Mcgrath Rentcorp MGRC Net Income
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Where this comes from
Reported directly by Mcgrath Rentcorp in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
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, except per share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Foreign currency exchange loss (gain) | 38 | (81) | 71 | (86) |
| Income before provision for income taxes | 46,134 | 49,457 | 83,003 | 86,870 |
| Provision for income taxes | 12,462 | 13,484 | 22,298 | 22,689 |
| Net income | $33,672 | $35,973 | $60,705 | $64,181 |
| Earnings per share: | ||||
| Basic | $1.38 | $1.46 | $2.47 | $2.61 |
| Diluted | $1.37 | $1.46 | $2.47 | $2.61 |
| Shares used in per share calculation: |
Item 1. Financial Statements
FAQ
- What is Mcgrath Rentcorp's net income?
- Mcgrath Rentcorp (MGRC) reported net income of $33.67M in Q2 2026.
- How has Mcgrath Rentcorp's net income changed year-over-year?
- Mcgrath Rentcorp's net income decreased by 6.4% year-over-year, from $35.97M to $33.67M.
- What is the long-term trend for Mcgrath Rentcorp's net income?
- Over 4 years (2021 to 2025), Mcgrath Rentcorp's net income has grown at a 14.9% compound annual growth rate (CAGR), from $89.71M to $156.31M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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