Element Fleet Management Corp. ( (ELEEF) ) has released its Q2 earnings. Here is a breakdown of the information Element Fleet Management Corp. presented to its investors.
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Element Fleet Management Corp., the world’s largest publicly traded automotive fleet manager, offers scalable and technology-enabled fleet and mobility solutions across multiple regions, including North America, Australia, and New Zealand. The company recently reported its Q2 2025 earnings, highlighting a 6% increase in net revenue to $290 million compared to the same quarter last year, driven by higher services and net financing revenue. Despite foreign exchange challenges, Element’s net income rose by 9% year-over-year to $112 million, with adjusted net income also showing a 5% increase. The company continues to focus on its strategic priorities, including organic growth, digital transformation, and expansion into new services such as insurance and shared mobility. Looking ahead, Element remains optimistic about leveraging its digital capabilities and strategic investments to capitalize on opportunities in the evolving mobility landscape.