EquipmentShare reports Q1 EPS (20c), consensus (23c)

Reports Q1 revenue $989M, consensus $899.98M. “We delivered a strong first quarter and are raising our 2026 outlook across the board,” said Jabbok Schlacks, Founder and CEO of EquipmentShare (EQPT). “Rental Segment revenue grew 37% year over year, supported by strong customer demand across industrial, infrastructure, data center, and advanced manufacturing projects. Trailing twelve month mature rental location adjusted EBITDA margin was 55%, highlighting strong organic unit economics and the embedded earnings power of our footprint as it matures. The quarter’s strong financial performance reinforces the strength of our technology-enabled organic growth model, the value T3 brings to larger and more complex jobsites, and our continued focus on scaling EquipmentShare with discipline and attractive returns.”