EquipmentShare Reports Fourth Quarter and Full-Year 2025 Financial Results

March 18, 2026 - 22:50

EquipmentShare has announced its financial performance for the fourth quarter and the full fiscal year 2025, revealing a year of significant revenue growth driven by its core rental operations. The company's strategic focus on expanding its rental fleet and market presence has yielded substantial returns.

For the final quarter of the year, total revenue reached $1,572 million. The standout performer was the Rental Segment, which generated $772 million in Q4 revenue, marking a substantial 35% increase compared to the same period last year. This momentum contributed to a full-year total revenue of $4,379 million, with rental revenue for the entire year climbing to $2,724 million, a 34% year-over-year rise.

The company reported a net income of $65 million for the fourth quarter, bringing the full-year net income to $40 million. A key measure of operational profitability, Adjusted Core EBITDA, was reported at $559 million for Q4 and $1,667 million for the full year. This robust performance was further highlighted by strong adjusted EBITDA margins at the company's mature rental locations, underscoring the efficiency and profitability of its established service network.

The results reflect a continued industry trend toward equipment rental, as contractors and businesses seek flexible solutions. EquipmentShare's growth in rental revenue significantly outpaces its overall revenue increase, indicating a successful strategic pivot and deepening market penetration in this key sector. The company's financial health appears bolstered by this focused approach as it moves forward.