Herc Holdings (HRI) Tops Q1 EPS by 33c, Beats on Revenue

Go back to Herc Holdings (HRI) Tops Q1 EPS by 33c, Beats on Revenue

Herc Holdings Reports First Quarter 2026 Results and Affirms 2026 Full Year Guidance

April 28, 2026 6:30 AM EDT

First Quarter 2026 Highlights

Equipment rental revenue of $981 million increased 33% Total revenues of $1,139 million increased 32% Net loss of $24 million, or $0.72 loss per diluted share, and adjusted net income of $7 million, or $0.21 per diluted share Adjusted EBITDA of $448 million increased 33% with adjusted EBITDA margin flat at 39% Free cash flow of $94 million nearly doubled compared to $49 million in the prior year

BONITA SPRINGS, Fla.--(BUSINESS WIRE)-- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter... More