The financials
WillScot Holdings Corporation by the numbers
WillScot Holdings Corporation (WSC) reported revenue of $549M in Q1 2026 (quarter ended March 31, 2026), down 2.0% from the same quarter a year earlier. That came with a gross margin of 52% and net income of $28M (5.1% of revenue). For the full year FY2025, revenue was $2.28B (−4.8% year on year) and net income −$53M. Its largest product in 2026-Q1 was Delivery And Installation at $100M, 19.4% of the disclosed total, just ahead of Delivery And Installation at 19.4%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $549M | $560M | −2.0% |
| Gross profit | $286M | $300M | −4.9% |
| Operating income | $97M | $119M | −19% |
| Net income | $28M | $43M | −35% |
| Diluted EPS | $0.15 | $0.23 | −35% |
| Product | Revenue | Share |
|---|---|---|
| Delivery And Installation | $100M | 19% |
| Delivery And Installation | $100M | 19% |
| Value Added Product And Services | $97M | 19% |
| Portable Storage Leasing | $73M | 14% |
| Installation | $53M | 10% |
| Delivery | $47M | 9.1% |
| Rental Units | $15M | 2.8% |
| Other Leasing Related Products And Services | $12M | 2.4% |
| Value Added Services | $10M | 2.0% |
| New Units | $9.0M | 1.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $514.1M (-1.6%)
Installation grew +33% year on yearNew Units -60% year on year
Segment Latestquarter on quarteryear on year
- Delivery And Installation$99.5M$99.5MQoQ +1.0%year on year +12%+1.0%+12%
- Delivery And Installation$99.5M$99.5MQoQ +1.0%year on year +12%+1.0%+12%
- Value Added Product And Services$97.1M$97.1MQoQ -3.1%year on year +0.83%-3.1%+0.83%
- Portable Storage Leasing$72.5M$72.5MQoQ -9.1%year on year -5.9%-9.1%-5.9%
- Installation$52.6M$52.6MQoQ +16%year on year +33%+16%+33%
- Delivery$46.9M$46.9MQoQ -12%year on year -4.4%-12%-4.4%
- Rental Units$14.6M$14.6MQoQ -7.2%year on year +3.7%-7.2%+3.7%
- Other Leasing Related Products And Services$12.1M$12.1MQoQ +246%year on year -20%+246%-20%
- Value Added Services$10.2M$10.2MQoQ +6.3%year on year +11%+6.3%+11%
- New Units$9.0M$9.0MQoQ -51%year on year -60%-51%-60%
Rental & Leasing Services
Ranks #5 of 15 by Smart Score