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 March 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 2026-Q1 was Sales And Services Equipment Sales at $292M, 62% of the disclosed total, just ahead of Rental at 29%.
| 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 | $292M | 62% |
| Rental | $137M | 29% |
| Sales And Services Parts And Services | $32M | 6.8% |
| Rental Revenue Shipping And Handling | $6.6M | 1.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $467.5M (-4.3%)
Rental grew +18% year on yearSales And Services Parts And Services -1.0% year on year
Segment Latestquarter on quarteryear on year
- Sales And Services Equipment Sales$291.9M$291.9MQoQ -8.8%year on year +7.4%-8.8%+7.4%
- Rental$137.2M$137.2MQoQ -year on year +18%-+18%
- Sales And Services Parts And Services$31.8M$31.8MQoQ -7.5%year on year -1.0%-7.5%-1.0%
- Rental Revenue Shipping And Handling$6.6M$6.6MQoQ -4.8%year on year +11%-4.8%+11%
- Rental Revenue Excluding Shipping And Handling$0.00$0.00QoQ -year on year ---
- Rental--QoQ -year on year ---
Rental & Leasing Services
Ranks #1 of 15 by Smart Score