Published on Mar. 10, 2026
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Custom Truck One Source (NYSE:CTOS), a North American provider of specialty rental equipment, parts, and services, reported its earnings results for the first quarter of 2026. The company reported earnings per share of $0.09, beating the consensus analyst estimate of $0.07. However, the company’s revenue of $528.18 million fell short of the expected $584.76 million.
Why it matters
Custom Truck One Source’s earnings results provide insight into the performance of the specialty equipment rental industry, which is closely tied to construction, energy, and other industrial sectors. The company’s ability to exceed earnings expectations despite missing revenue targets suggests it may be managing costs effectively, though the overall revenue decline indicates potential softness in demand for its services.
The details
In the first quarter, Custom Truck One Source reported earnings per share of $0.09, surpassing the consensus analyst estimate of $0.07. However, the company’s revenue of $528.18 million fell short of the expected $584.76 million. The company had a negative net margin of 1.26% and a negative return on equity of 5.28% during the quarter.
Custom Truck One Source reported its earnings results on Tuesday, March 10, 2026.
The players
Custom Truck One Source
A North American provider of specialty rental equipment, parts, and services, including cranes, aerial work platforms, trench safety and shoring equipment, fluid management solutions, generators, and other industrial machinery.
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The takeaway
Custom Truck One Source’s ability to exceed earnings expectations despite missing revenue targets suggests the company may be managing costs effectively, though the overall revenue decline indicates potential softness in demand for its services. The results provide insight into the performance of the specialty equipment rental industry, which is closely tied to construction, energy, and other industrial sectors.