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Custom Truck One Source Posts Record Q1 2026 Results

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Custom Truck One Source Posts Record Q1 2026 Results

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Custom Truck One Source ( (CTOS) ) just unveiled an announcement.

On April 27, 2026, Custom Truck One Source reported record first-quarter 2026 revenue of $461.6 million, up 9.3% year over year, driven by strong performance in its transmission and distribution markets and robust demand in its new Specialty Equipment Rentals and Specialty Truck Equipment and Manufacturing segments. Gross profit rose 20.5% to $103.1 million, adjusted EBITDA climbed 33.4% to $98.0 million, the net loss narrowed sharply to $4.1 million, and fleet utilization improved, prompting the company to raise its full-year 2026 adjusted EBITDA guidance while emphasizing deleveraging, working capital management and free cash flow generation as it seeks to capitalize on secular infrastructure and electrification trends.

The most recent analyst rating on (CTOS) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Custom Truck One Source stock, see the CTOS Stock Forecast page.

Spark’s Take on CTOS Stock

According to Spark, TipRanks’ AI Analyst, CTOS is a Neutral.

Overall score reflects weak financial fundamentals (losses, high leverage, and persistent negative free cash flow) as the primary constraint, partially offset by a positive earnings call outlook (growth, lower capex, planned deleveraging and free-cash-flow generation) and supportive price trend, while valuation remains unattractive due to negative earnings.

To see Spark’s full report on CTOS stock, click here.

More about Custom Truck One Source

Custom Truck One Source, Inc. (NYSE: CTOS) is a leading provider of specialty equipment serving electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets. The company operates through Specialty Equipment Rentals and Specialty Truck Equipment and Manufacturing segments, focusing on rental fleets, equipment sales, and related parts and services across North American infrastructure markets.

Average Trading Volume: 871,481

Technical Sentiment Signal: Buy

Current Market Cap: $1.98B

See more insights into CTOS stock on TipRanks’ Stock Analysis page.

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