Every 10-Q that Custom Truck One Source, Inc. (CTOS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CTOS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CTOS filings page.
Custom Truck One Source generated $563.446M in total revenue for the quarter ended June 30, 2026, up 10.2% year over year. Rental revenue grew 20.1% to $145.060M and equipment sales rose 7.7% to $383.559M. Gross profit increased 20.9% to $123.974M, lifting margin to 22.0%. Operating income was $46.615M, and net income turned to $10.399M, or $0.05 per diluted share, from a $28.380M loss a year earlier. For the first six months of 2026, revenue reached $1,025.068M and net income was $6.297M versus a $46.171M loss in 2025.
The new SER rental segment delivered six‑month revenue of $412.582M and Adjusted EBITDA of $222.696M, while STEM equipment and manufacturing revenue was $612.486M with Adjusted EBITDA of $69.923M. Rental fleet metrics improved, with utilization at 81.6% and OEC on rent yield at 39.4% in the quarter. An income tax benefit reflected reductions in valuation allowances on deferred tax assets.
Total assets were $3.605B and stockholders’ equity $815.957M at June 30, 2026. Long‑term debt, net, was $1.657B, including $714.883M drawn on the ABL Facility and $920.000M of 2029 secured notes. Operating cash flow for the first half declined to $68.186M from $181.353M, driven mainly by higher receivables and inventory. Cash stood at $10.287M, with $229.4M of ABL availability, and the company states it expects to renew its $475.0M non‑trade floor plan facility maturing August 25, 2026.
Custom Truck One Source, Inc. reported higher Q1 2026 revenue but a small net loss as it invests in fleet and inventory growth. Total revenue rose to $461.6 million, up 9.3% from Q1 2025, driven by stronger rental activity and new equipment sales.
Rental revenue increased 18.0% to $137.2 million, supported by an 11.8% rise in average original equipment cost on rent and better fleet utilization. Equipment sales grew 6.9% to $292.6 million, while parts and services were roughly flat.
Gross profit improved 20.5% to $103.1 million and operating income more than doubled to $31.5 million, yet higher interest and depreciation kept results in a modest net loss of $4.1 million (basic and diluted loss per share of $0.02). Cash generated from operations was $23.8 million, partially funding rental equipment and property investments.
The company reorganized into two segments, Specialty Equipment Rentals (SER) and Specialty Truck Equipment & Manufacturing (STEM). Q1 2026 Adjusted EBITDA reached $98.0 million, and the net leverage ratio declined to 4.02x, with quarter-end cash of $9.6 million and ABL availability of $256.9 million.
Custom Truck One Source (CTOS) reported Q3 2025 results. Total revenue was $482,058,000, up from $447,220,000. Rental revenue was $127,142,000, equipment sales $320,583,000, and parts and services $34,333,000. Gross profit reached $100,753,000, with operating income of $32,629,000. The company posted a net loss of $5,756,000 (diluted EPS $(0.03)), with interest expense of $40,247,000 weighing on results.
For the nine months, revenue totaled $1,415,773,000. Net cash flow from operating activities was $262,804,000, as the company invested $348,923,000 in rental equipment. Cash was $13,058,000 and long‑term debt was $1,628,866,000. ABL Facility borrowings were $708,481,000 with $237,600,000 of availability and $3,900,000 of standby letters of credit outstanding. Inventory stood at $1,035,642,000 and rental equipment, net, at $1,088,346,000. The company repurchased 8,143,635 shares from affiliates of ECP at $4.00 per share for $32,600,000. Shares outstanding were 226,559,586 as of October 23, 2025.