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WillScot Holdings Corporation 10-Q Filings

WSC NASDAQ

Every 10-Q that WillScot Holdings Corporation (WSC) 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 WSC 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 WSC filings page.

Rhea-AI Summary

WillScot Holdings Corporation reported Q2 2026 revenue of $612,151 thousand, up 3.9% year over year, as higher delivery and installation revenue and modest leasing growth offset weaker new and rental unit sales. Gross profit increased to $306,264 thousand, while operating income declined to $117,494 thousand.

Net income was $46,973 thousand, or $0.26 per diluted share, essentially flat versus Q2 2025. Adjusted EBITDA fell 8.4% to $227,884 thousand, reflecting higher leasing and activation costs and increased SG&A, including a larger provision for credit losses. For the first half of 2026, revenue was $1,160,779 thousand and net income $75,096 thousand.

The company continued its multi‑year Network Optimization Plan, with total charges to date of $319,654 thousand and expected future disposal and relocation costs of approximately $43 million. WillScot ended June 30, 2026 with total debt of $3,495,300 thousand, shareholders’ equity of $910,659 thousand, and about $1.5 billion of available borrowing capacity under its ABL Facility, while returning capital through $0.14 per‑share dividends and repurchasing 352,900 shares year‑to‑date.

Rhea-AI Summary

WillScot Holdings Corporation reported softer results for the quarter ended March 31, 2026 while advancing a major network optimization plan. Total revenue slipped 2.0% to $548.6 million, as lower new unit sales and fewer units on rent more than offset higher delivery and installation activity.

Net income fell to $28.1 million from $43.1 million, and diluted EPS declined to $0.15, reflecting restructuring charges of $11.3 million tied mainly to asset disposals. Adjusted EBITDA decreased 7.8% to $211.0 million, pressured by lower leasing gross profit and weaker sales margins.

The Network Optimization Plan continued, with about 21,000 units disposed and cumulative charges of $313.5 million to date, plus an estimated $50 million of future disposal and relocation costs. Despite higher rental equipment capex of $101.9 million, WillScot generated $191.1 million of operating cash flow and $115.6 million of Adjusted Free Cash Flow, which it used to reduce ABL borrowings, pay $12.7 million in dividends, and repurchase $7.3 million of stock.

Rhea-AI Summary

WillScot Holdings (WSC) reported Q3 2025 results with total revenue of $566.8 million versus $601.4 million a year ago. Leasing revenue was $434.2 million and delivery and installation added $98.5 million. Operating income was $118.8 million, and net income was $43.3 million, turning around from a $70.5 million loss in Q3 2024, when results were affected by a $180 million termination fee.

Year‑to‑date, revenue was $1.72 billion and net income was $134.3 million. Cash from operations reached $603.1 million for the nine months. The company redeemed its 6.125% notes due 2025 and issued $500.0 million of 6.625% notes due 2030. A subsequent amendment extended the ABL facility to October 16, 2030, reduced spreads, and resized commitments to $3.0 billion, with $1.5 billion of borrowing capacity as of September 30, 2025 on a pro forma basis.

WillScot acquired a regional provider of climate‑controlled containers for $115.6 million, adding about 2,100 units and $54.5 million of goodwill. The company paid three quarterly dividends of $0.07 per share and repurchased 2.9 million shares for $80.2 million. Shares outstanding were 181,945,689 as of October 30, 2025.