HERC HOLDINGS INC

HERC HOLDINGS INCHRIEarnings & Financial Report

NYSE · Industrials · Services-Miscellaneous Equipment Rental & Leasing

Herc Holdings Inc. is a leading North American equipment rental service provider. It offers rental assets including heavy construction machinery, power tools, temporary power and climate control systems, serving clients across construction, industrial, events, infrastructure and government segments, with operations across the U.S. and Canada.

Revenue

$10.1M

Gross Profit

$2.6M

Operating Profit

$-15.5M

Net Profit

$-7.5M

Gross Margin

25.8%

Operating Margin

-153.5%

Net Margin

-74.1%

YoY Growth

582.0%

EPS

$-0.03

HERC HOLDINGS INC Q3 FY2025 Financial Summary

HERC HOLDINGS INC reported revenue of $10.1M (up 582.0% YoY) for Q3 FY2025, with a net profit of $-7.5M (up 21.5% YoY) (-74.1% margin). Cost of goods sold was $7.5M, operating expenses totaled $18.1M.

Key Financial Metrics

Total Revenue$10.1M
Net Profit$-7.5M
Gross Margin25.8%
Operating Margin-153.5%
Report PeriodQ3 FY2025

Revenue Breakdown

HERC HOLDINGS INC Q3 FY2025 revenue of $10.1M breaks down across 2 segments, led by Other at $5.1M (50.5% of total).

SegmentRevenue% of Total
Other$5.1M50.5%
Sales Of New Equipment$5.0M49.5%

HERC HOLDINGS INC Revenue by Segment — Quarterly Trend

HERC HOLDINGS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Sales Of New Equipment) has evolved quarter over quarter.

SegmentQ1 FY2026Q4 FY2025Q3 FY2025Q2 FY2025
Other$7.1M$5.1M
Sales Of New Equipment$9.0M$5.0M

HERC HOLDINGS INC Annual Revenue by Year

HERC HOLDINGS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $50.7M).

YearAnnual Revenue
2025$50.7M

HERC HOLDINGS INC Quarterly Revenue & Net Profit History

HERC HOLDINGS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$1.1B+32.3%$-24.0M-2.1%
Q4 FY2025$30.1M+629.3%$-99.9M-331.7%
Q3 FY2025$10.1M+582.0%$-7.5M-74.1%
Q2 FY2025$6.3M+554.9%$-10.8M-171.4%
Q1 FY2025$4.2M+579.7%$-14.1M-332.8%
Q4 FY2024$4.1M-16.8%$-10.3M-250.3%
Q4 FY2023$5.0M+936.0%$-14.1M-285.0%
Q2 FY2023$5.5M+805.1%$-9.0M-163.8%

Income Statement

Q2 2023Q4 2023Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$5.5M$5.0M$4.1M$4.2M$6.3M$10.1M$30.1M$1.14B
YoY Growth805.1%936.0%-16.8%579.7%554.9%582.0%629.3%32.3%

Balance Sheet

Q2 2023Q4 2023Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$84.6M$92.2M$109.6M$104.6M$152.0M$550.2M$1.13B$13.56B
Liabilities$35.0M$47.1M$73.7M$58.0M$39.3M$39.8M$661.2M$11.67B
Equity$49.5M$33.1M$16.6M$26.1M$90.8M$486.1M$437.8M$1.90B

Cash Flow

Q2 2023Q4 2023Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Operating CF$-9.0M$-5.9M$-8.1M$-6.7M$-8.4M$-11.0M$-12.7M$277.0M