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WillScot Holdings Corporation WSC Delivery revenue — Cost of Sales

Other product segments

Rental units
$8.7M+6.5%
New units
$6.22M-59.1%

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Other financials

Income statement

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Revenue$548.6M-2.0%
Gross profit$285.7M-4.9%
Operating income$96.7M-19.1%
Net income$28.1M-34.7%
EPS (diluted)$0.15-34.8%

Balance sheet

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Cash & equivalents$15.5M+45.5%
Total debt$4.0B-1.1%
Total equity$870.5M-13.9%
Total assets$5.8B-2.5%

Cash flow

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Operating cash flow$191.1M-7.5%
CapEx$3.6M-21.7%
Free cash flow$187.4M-7.2%

Valuation

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Market cap$5.04B-38.5%

Profitability

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Gross margin50.6%-3.7pp
Operating margin23.3%+12.2pp
Net margin-3%-3.6pp
FCF margin31.8%+8.7pp

Returns & leverage

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Return on equity-7.2%-8.5pp
Debt / equity4.6×+0.6×
Current ratio0.8×0.0×

Where this comes from

Reported directly by WillScot Holdings Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

The official record: WillScot Holdings Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WillScot Holdings Corporation's delivery revenue — cost of sales?
WillScot Holdings Corporation (WSC) reported delivery revenue — cost of sales of $41.06M in Q1 2026.
How has WillScot Holdings Corporation's delivery revenue — cost of sales changed year-over-year?
WillScot Holdings Corporation's delivery revenue — cost of sales increased by 1.2% year-over-year, from $40.56M to $41.06M.
What is the long-term trend for WillScot Holdings Corporation's delivery revenue — cost of sales?
Over 3 years (2022 to 2025), WillScot Holdings Corporation's delivery revenue — cost of sales has grown at a -4.2% compound annual growth rate (CAGR), from $194.82M to $171.2M.
What does delivery revenue — cost of sales mean?
This metric captures the direct expenses incurred to execute the delivery, installation, and removal of modular and storage units, including labor, fuel, and fleet maintenance costs. It serves as a measure of operational efficiency in the logistics chain required to service rental contracts. Managing these costs effectively is critical to maintaining margins on the delivery component of the service offering.