EquipmentShare.com Inc
For the period ended Sep 30, 2026. Filed Nov 10, 2026.
View on SEC.govAbout this filing
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.
Sep 30, 2026 · Filed Nov 10, 2026
EQPT$13.54-16.5%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
PART I
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except par value)
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents ..................................................................................................................................... | $359 | $306 |
| Accounts receivable, net(1) .................................................................................................................................... | 1,154 | 748 |
| Inventories ............................................................................................................................................................. | 478 | 401 |
| Prepaid costs(2) ...................................................................................................................................................... | 240 | 169 |
| Other current assets ............................................................................................................................................... | 110 | 106 |
| Total current assets ....................................................................................................................................... | 2,341 | 1,730 |
| Rental equipment, net ........................................................................................................................................... | 3,836 | 2,834 |
| Property and other fixed assets, net ...................................................................................................................... | 570 | 504 |
| Capitalized software, net ....................................................................................................................................... | 114 | 110 |
| Right of use assets, operating(3) ............................................................................................................................. | 740 | 676 |
| Investments in non-consolidated affiliates ............................................................................................................ | 64 | 59 |
| Intangible assets, net ............................................................................................................................................. | 28 | 31 |
| Other assets ........................................................................................................................................................... | 155 | 43 |
| Total assets ................................................................................................................................................... | $7,848 | $5,987 |
| LIABILITIES, PERPETUAL PREFERRED STOCK, AND EQUITY | ||
| Accounts payable .................................................................................................................................................. | $116 | $95 |
| Accrued liabilities ................................................................................................................................................. | 627 | 609 |
| Manufacturer flooring plans payable .................................................................................................................... | 102 | 74 |
| Current portion of long-term debt ......................................................................................................................... | 2 | 4 |
| Current portion of operating lease liabilities ......................................................................................................... | 83 | 69 |
| Current portion of finance lease liabilities ............................................................................................................ | 19 | 19 |
| Current portion of financing obligations ............................................................................................................... | 6 | 10 |
| Total current liabilities ................................................................................................................................. | 955 | 880 |
| Long-term debt, net of current portion, original issue discounts, and debt issuance costs ................................... | 4,227 | 3,268 |
| Operating lease liabilities, net of current portion(4) ............................................................................................... | 710 | 655 |
| Finance lease liabilities, net of current portion(5) .................................................................................................. | 219 | 169 |
| Financing obligations, net of current portion ........................................................................................................ | 69 | 83 |
| Deferred tax liabilities, net .................................................................................................................................... | 37 | 43 |
| Other liabilities ...................................................................................................................................................... | — | 1 |
| Total liabilities ............................................................................................................................................. | 6,217 | 5,099 |
| Perpetual preferred stock, net - $0.00000125 par value, 15 shares authorized, 14 and 14 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively .......................................................... | 381 | 360 |
| Common stock - $0.00000125 par value, no shares authorized, issued and outstanding as of September 30, 2026, 273 shares authorized, 79 shares issued and outstanding at December 31, 2025 ....................................... | — | — |
| Class A common stock - $0.00000125 par value, 3,500 shares authorized, 216 shares issued and outstanding at September 30, 2026, no shares authorized, issued and outstanding as of December 31, 2025 ........................ | — | — |
| Class B common stock - $0.00000125 par value, 200 shares authorized, 38 shares issued and outstanding at September 30, 2026, no shares authorized, issued and outstanding as of December 31, 2025 ............................ | — | — |
| Convertible preferred stock, net - $0.00000125 par value, no shares authorized, issued and outstanding as of September 30, 2026, 149 shares authorized, 142 shares issued and outstanding at December 31, 2025 ............. | — | 430 |
| Treasury stock, at cost, 5 and 5 shares at September 30, 2026 and December 31, 2025, respectively ................ | (7) | (7) |
| Additional paid-in-capital ..................................................................................................................................... | 1,286 | 105 |
| Retained earnings (accumulated deficit) ............................................................................................................... | (27) | — |
| Accumulated other comprehensive income (loss) ................................................................................................ | (2) | — |
| Total equity .................................................................................................................................................. | 1,250 | 528 |
| Total liabilities, perpetual preferred stock, and equity ................................................................................. | $7,848 | $5,987 |
(1)Includes amounts due from investees and related parties of$47 and$20 as of September 30, 2026 and December 31, 2025, respectively.
(2)Includes amounts with investees of$3 and$2 as of September 30, 2026 and December 31, 2025, respectively.
(3)Includes amounts with related parties of$12 and$6 as of September 30, 2026 and December 31, 2025, respectively.
(4)Includes amounts with related parties of$11 and$5 as of September 30, 2026 and December 31, 2025, respectively.
(5)Includes amounts with related parties of$48 and $28 as of September 30, 2026 and December 31, 2025, respectively.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except per share data)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.