WillScot Holdings Corp
For the period ended Jun 30, 2026. Filed Aug 6, 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.
Jun 30, 2026 · Filed Aug 6, 2026
WSC$19.89-3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations for the
Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except share and per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues: | ||||
| Leasing and services revenue: | ||||
| Leasing | $449,684 | $442,916 | $875,206 | $877,306 |
| Delivery and installation | 135,844 | 108,452 | 235,366 | 197,113 |
| Sales revenue: | ||||
| New units | 14,587 | 21,620 | 23,581 | 44,057 |
| Rental units | 12,036 | 16,095 | 26,626 | 30,158 |
| Total revenues | 612,151 | 589,083 | 1,160,779 | 1,148,634 |
| Costs: | ||||
| Costs of leasing and services: | ||||
| Leasing | 108,113 | 95,338 | 204,140 | 183,408 |
| Delivery and installation | 110,320 | 88,154 | 193,563 | 161,950 |
| Costs of sales: | ||||
| New units | 9,049 | 13,552 | 15,267 | 28,750 |
| Rental units | 6,165 | 7,525 | 14,868 | 15,694 |
| Depreciation of rental equipment | 72,240 | 88,444 | 141,002 | 162,396 |
| Gross profit | 306,264 | 296,070 | 591,939 | 596,436 |
| Other operating expenses: | ||||
| Selling, general and administrative | 160,258 | 145,013 | 314,266 | 301,784 |
| Other depreciation and amortization | 23,019 | 24,188 | 46,688 | 47,328 |
| Restructuring costs | 5,448 | 10 | 16,698 | 385 |
| Other expense (income), net | 45 | (41) | 130 | 605 |
| Operating income | 117,494 | 126,900 | 214,157 | 246,334 |
| Interest expense, net | 53,479 | 58,977 | 107,086 | 117,446 |
| Income before income tax | 64,015 | 67,923 | 107,071 | 128,888 |
| Income tax expense | 17,042 | 19,984 | 31,975 | 37,894 |
| Net income | $46,973 | $47,939 | $75,096 | $90,994 |
| Earnings per share | ||||
| Basic | $0.26 | $0.26 | $0.41 | $0.50 |
| Diluted | $0.26 | $0.26 | $0.41 | $0.49 |
| Weighted average shares outstanding: | ||||
| Basic | 181,012,131 | 182,468,243 | 181,005,445 | 183,071,055 |
| Diluted | 181,808,591 | 183,439,165 | 181,641,748 | 184,367,127 |
Condensed Consolidated Statements of Comprehensive Income (Unaudited)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net income | $46,973 | $47,939 | $75,096 | $90,994 |
| Other comprehensive (loss) income | ||||
| Foreign currency translation adjustments, net of income tax expense of $0 | (4,745) | 16,278 | (8,161) | 16,439 |
| Net gain (loss) on derivatives, net of income tax expense (benefit) of $903 and $(1,298) for the three months ended June 30, 2026 and 2025, respectively, and $2,347 and $(3,991) for the six months ended June 30, 2026 and 2025, respectively | 2,738 | (3,922) | 7,107 | (12,063) |
| Total other comprehensive (loss) income | (2,007) | 12,356 | (1,054) | 4,376 |
| Total comprehensive income | $44,966 | $60,295 | $74,042 | $95,370 |
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