Willscot Mobile Mini Holdings Corp. (WSC)
NASDAQ:WSC
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.25Last Year’s EPS
0.27Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive tone: the company delivered a quarter that beat expectations on EBITDA, showed encouraging activation and enterprise order momentum, raised full-year guidance, and generated strong free cash flow while making targeted fleet investments. Offsetting these positives were modest YoY revenue decline, temporary margin compression due to increased unit preparation and delivery activity, storage headwinds and elevated near-term CapEx and leverage. Management characterized most margin impacts as short-term and tied to investments that support a sustainable leasing revenue inflection in the second half of 2026.Company Guidance
Activations and Order Momentum
Total activations rose 10% year-over-year in Q1, modular unit activations increased 8% YoY, and modular pending orders were up 14% YoY (storage pending orders up 7%), providing visibility into future leasing revenue.
Delivery & Installation (D&I) Growth
D&I revenue increased more than 12% YoY to $100 million, reflecting strong large-project and complex-modular activity that supports longer-duration leasing revenue.
Adjusted EBITDA and Beat
Adjusted EBITDA was $211 million in Q1 with a 38.5% adjusted EBITDA margin, exceeding the company outlook for the quarter.
Raised Full-Year Outlook
Management raised full-year 2026 guidance to approximately $2.25 billion in revenue and ~$915 million in adjusted EBITDA, driven by stronger-than-expected large-project activity and improved order book visibility.
Strong Cash Flow and Capital Returns
Net cash provided by operating activities was $191 million; adjusted free cash flow was $116 million (21% of revenue) in Q1. The company returned $20 million to shareholders and paid down $76 million of debt in the quarter.
Investment behind Higher-Return Fleet
Net CapEx in Q1 was $89 million (up ~40% YoY) targeted at complex modular and FLEX fleet to support large projects; full-year net CapEx guidance is ~$325 million to support growth opportunities.
Enterprise Account Strength
Enterprise accounts revenue increased 12% YoY in Q1 and the enterprise pending order book was up over 25% YoY (ex-World Cup), indicating stronger exposure to larger, higher-quality projects.
Operational and Safety Improvements
Recordable incident rate dropped below 0.5 for the last 3 months; company recertified as a Great Place to Work for the fourth consecutive year and rolling out dispatch/route optimization tools to improve utilization and service.
WSC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WSC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $23.30 | $28.10 | +20.60% |
Feb 19, 2026 | $22.04 | $22.73 | +3.16% |
Nov 06, 2025 | $19.42 | $18.15 | -6.52% |
Jul 31, 2025 | $29.06 | $25.08 | -13.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Willscot Mobile Mini Holdings Corp. (WSC) report earnings?
Willscot Mobile Mini Holdings Corp. (WSC) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Willscot Mobile Mini Holdings Corp. (WSC) earnings time?
Willscot Mobile Mini Holdings Corp. (WSC) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is WSC EPS forecast?
WSC EPS forecast for the fiscal quarter 2026 (Q2) is 0.25.