Earnings ·
Herc Holdings Inc. reported second quarter 2026 financial results, posting total revenues of $1,204 million, a 20%…
HRIHerc Holdings Inc
Herc Holdings Inc. reported second quarter 2026 financial results, posting total revenues of $1,204 million, a 20% increase year-over-year, driven by a 23% rise in equipment rental revenue. Net income was $19 million, or $0.57 per diluted share, compared to a net loss of $35 million in the prior-year period. Adjusted EBITDA increased 19% to $487 million with a margin of 40.4%. The company raised its full-year 2026 guidance, increasing equipment rental revenue expectations to $4.375 billion–$4.475 billion and adjusted EBITDA to $2.05 billion–$2.125 billion. Herc Holdings operates in the equipment rental industry, providing full-line rental services and solutions to construction, industrial, and commercial customers across North America.