The financials
Custom Truck One Source, Inc. by the numbers
Custom Truck One Source, Inc. (CTOS) reported revenue of $462M in Q1 2026 (quarter ended Mar 31, 2026), up 9.3% from the same quarter a year earlier. That came with a gross margin of 22% and net loss of $4.1M. For the full year FY2025, revenue was $1.94B (+7.9% year on year) and net income −$31M. Its largest product in Jun 2026 was Sales And Services Equipment Sales at $378M, 67% of the disclosed total, well ahead of Rental at 26%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $462M | $422M | +9.3% |
| Gross profit | $103M | $86M | +20% |
| Operating income | $31M | $12M | +154% |
| Net income | −$4.1M | −$18M | n/a |
| Diluted EPS | −$0.02 | −$0.08 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Sales And Services Equipment Sales | $378M | 67% |
| Rental | $145M | 26% |
| Sales And Services Parts And Services | $35M | 6.2% |
| Rental Revenue Shipping And Handling | $7.8M | 1.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $565.3M (+21%)
Rental Revenue Shipping And Handling grew +27% year on yearSales And Services Parts And Services +0.78% year on year
Segment Latestquarter on quarteryear on year
- Sales And Services Equipment Sales$377.6M$377.6MQoQ +29%year on year +6.3%+29%+6.3%
- Rental$145.1M$145.1MQoQ +5.7%year on year +20%+5.7%+20%
- Sales And Services Parts And Services$34.8M$34.8MQoQ +9.6%year on year +0.78%+9.6%+0.78%
- Rental Revenue Shipping And Handling$7.8M$7.8MQoQ +18%year on year +27%+18%+27%
- Rental Revenue Excluding Shipping And Handling$0.00$0.00QoQ -year on year ---
Rental & Leasing Services
Ranks #7 of 14 by Smart Score