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WillScot Holdings Corporation WSC New units — Cost of Sales

Other product segments

Rental units
$8.7M+6.5%

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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$5.22B-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 new units — cost of sales?
WillScot Holdings Corporation (WSC) reported new units — cost of sales of $6.22M in Q1 2026.
How has WillScot Holdings Corporation's new units — cost of sales changed year-over-year?
WillScot Holdings Corporation's new units — cost of sales decreased by 59.1% year-over-year, from $15.2M to $6.22M.
What is the long-term trend for WillScot Holdings Corporation's new units — cost of sales?
Over 4 years (2021 to 2025), WillScot Holdings Corporation's new units — cost of sales has grown at a 13.2% compound annual growth rate (CAGR), from $32.36M to $53.16M.
What does new units — cost of sales mean?
This metric captures the direct costs associated with acquiring, preparing, and delivering new modular and storage units to customers. It includes expenses such as procurement, manufacturing, and initial logistics required to make the units ready for revenue generation. Monitoring this figure is essential for evaluating the direct profitability and cost-efficiency of the new unit product line.