Custom Truck One Source | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 511.48 M

Revenue: As of FY2025 Q2, the actual value is USD 511.48 M, beating the estimate of USD 460.73 M.

EPS: As of FY2025 Q2, the actual value is USD -0.13.

EBIT: As of FY2025 Q2, the actual value is USD 81.96 M.

Equipment Rental Solutions (ERS) Segment

• Revenue: Rental revenue increased by 16.9% to $117,728,000, and equipment sales rose by 39.9% to $52,744,000 for the three months ended June 30, 2025.
• Cost of Revenue: Increased by 25.7% to $124,027,000 for the same period.
• Gross Profit: Increased by 16.8% to $46,445,000.

Truck and Equipment Sales (TES) Segment

• Revenue: Equipment sales increased by 22.4% to $303,368,000 for the three months ended June 30, 2025.
• Cost of Revenue: Increased by 24.7% to $256,276,000.
• Gross Profit: Increased by 11.1% to $47,092,000.

Aftermarket Parts and Services (APS) Segment

• Revenue: Increased by 2.6% to $37,643,000 for the three months ended June 30, 2025.
• Cost of Revenue: Decreased by 3.1% to $28,638,000.
• Gross Profit: Increased by 26.6% to $9,005,000.

Cash Flow

• Operating Cash Flow: Net cash from operating activities was $181,353,000 for the six months ended June 30, 2025.
• Investing Cash Flow: Net cash used in investing activities was $139,807,000.
• Financing Cash Flow: Net cash used for financing activities was $39,889,000.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue focusing on increasing rental revenue and equipment sales, leveraging higher fleet utilization and demand in the utility market.
• Non-Core Business: There are no specific plans related to divestitures or emerging segments mentioned in the report.