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WillScot Holdings Corporation WSC Installation revenue — Cost of Sales

Other product segments

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

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ADTSecurity installation, product, and other — Total Cost of Revenue
$87.17M+5.9%

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$5.22B-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 installation revenue — cost of sales?
WillScot Holdings Corporation (WSC) reported installation revenue — cost of sales of $42.19M in Q1 2026.
How has WillScot Holdings Corporation's installation revenue — cost of sales changed year-over-year?
WillScot Holdings Corporation's installation revenue — cost of sales increased by 26.9% year-over-year, from $33.24M to $42.19M.
What is the long-term trend for WillScot Holdings Corporation's installation revenue — cost of sales?
Over 3 years (2022 to 2025), WillScot Holdings Corporation's installation revenue — cost of sales has grown at a 6.0% compound annual growth rate (CAGR), from $127.82M to $152.2M.
What does installation revenue — cost of sales mean?
This metric captures the direct costs incurred to perform the installation, assembly, and site preparation services for modular and storage equipment. It includes labor expenses, transportation costs, and materials required to make units operational at customer locations. Monitoring this metric helps assess the operational efficiency and margin profile of the company's service-based revenue streams.