EquipmentShare Reports Third Quarter 2026 Results with Accelerated Organic Growth and Margin Expansion

COLUMBIA, Mo., Nov. 09, 2026 (GLOBE NEWSWIRE) -- EquipmentShare.com Inc (Nasdaq: EQPT) (“EquipmentShare” or the “Company”) today reported financial results for the third quarter ended September 30, 2026 which can be found on EquipmentShare’s website at https://ir.equipmentshare.com/.

Third Quarter Highlights * Total revenue increased 55% year over year to $1,468 million. * Rental Segment(()(1)()) revenue growth accelerated to 49% year over year, reaching $1,113 million on 32% growth in OEC(()(2)()). * Net income was $20 million, compared to $6 million in the third quarter 2025. * Adjusted Net Income(()(3)()) was $46 million, compared to $6 million in the third quarter 2025. * Rental Segment Adjusted EBITDA increased 52% year over year to $491 million, with margin expanding approximately 70 basis points year over year and 130 basis points sequentially to 44%. * Mature rental locations(()(1)())(()(4)()) Adjusted EBITDA margins were 54% on a TTM(()(5)()) basis. “We delivered another exceptional quarter, with 32% growth in OEC producing 49% growth in Rental Segment revenue and 52% growth in Rental Segment Adjusted EBITDA, while margins expanded both year over year and sequentially,” said Jabbok Schlacks, Founder and Chief Executive Officer of EquipmentShare. “Strong fleet absorption and the maturation of our network were meaningful drivers of that performance. Mature rental locations generated 54% margins on a trailing twelve-month basis and we expect over 260 mature sites by year-end, up 76 since the start of 2026. Alongside that, customers are taking on larger, more complex projects and consolidating their spend with us on one platform that combines equipment, technology and service. Given our visibility into customer demand, we are confident in our full-year 2026 outlook and see an opportunity to outperform it.”