HERC HOLDINGS INCHRIEarnings & Financial Report
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.
HRI Q1 FY2026 Key Financial Metrics
Revenue
$1.1B
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$-24.0M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
-2.1%
YoY Growth
32.3%
EPS
$-0.72
HERC HOLDINGS INC Q1 FY2026 Financial Summary
HERC HOLDINGS INC reported revenue of $1.1B (up 32.3% YoY) for Q1 FY2026, with a net profit of $-24.0M (down 33.3% YoY) (-2.1% margin).
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $-24.0M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
HERC HOLDINGS INC Q1 FY2026 revenue of $1.1B breaks down across 4 segments, led by Equipment rental at $981.0M (86.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Equipment rental | $981.0M | 86.1% |
| Sales of rental equipment | $138.0M | 12.1% |
| Sales of new equipment, parts and supplies | $13.0M | 1.1% |
| Service and other revenue | $7.0M | 0.6% |
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).
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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net 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 2023 | Q4 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.5M | $5.0M | $4.1M | $4.2M | $6.3M | $10.1M | $30.1M | $1.14B |
| YoY Growth | 805.1% | 936.0% | -16.8% | 579.7% | 554.9% | 582.0% | 629.3% | 32.3% |
Balance Sheet
| Q2 2023 | Q4 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 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 2023 | Q4 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-9.0M | $-5.9M | $-8.1M | $-6.7M | $-8.4M | $-11.0M | $-12.7M | $277.0M |