WillScot Holdings Corp
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
WSC$19.89-3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations for the
Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except share and per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues: | ||
| Leasing and services revenue: | ||
| Leasing | $425,522 | $434,390 |
| Delivery and installation | 99,522 | 88,661 |
| Sales revenue: | ||
| New units | 8,994 | 22,437 |
| Rental units | 14,590 | 14,063 |
| Total revenues | 548,628 | 559,551 |
| Costs: | ||
| Costs of leasing and services: | ||
| Leasing | 96,027 | 88,070 |
| Delivery and installation | 83,243 | 73,796 |
| Costs of sales: | ||
| New units | 6,218 | 15,198 |
| Rental units | 8,703 | 8,169 |
| Depreciation of rental equipment | 68,762 | 73,952 |
| Gross profit | 285,675 | 300,366 |
| Other operating expenses: | ||
| Selling, general and administrative | 154,008 | 156,771 |
| Other depreciation and amortization | 23,669 | 23,140 |
| Restructuring costs | 11,250 | 375 |
| Other expense, net | 85 | 646 |
| Operating income | 96,663 | 119,434 |
| Interest expense, net | 53,607 | 58,469 |
| Income before income tax | 43,056 | 60,965 |
| Income tax expense | 14,933 | 17,910 |
| Net income | $28,123 | $43,055 |
| Earnings per share: | ||
| Basic | $0.16 | $0.23 |
| Diluted | $0.15 | $0.23 |
| Weighted average shares outstanding: | ||
| Basic | 180,987,459 | 183,680,565 |
| Diluted | 181,463,605 | 185,301,787 |
Condensed Consolidated Statements of Comprehensive Income (Unaudited)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Net income | $28,123 | $43,055 |
| Other comprehensive income (loss): | ||
| Foreign currency translation adjustments, net of income tax expense of $0 | (3,416) | 161 |
| Net gain (loss) on derivatives, net of income tax expense (benefit) of $1,444 and $(2,693) for the three months ended March 31, 2026 and 2025, respectively | 4,369 | (8,141) |
| Total other comprehensive income (loss) | 953 | (7,980) |
| Total comprehensive income | $29,076 | $35,075 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.