Herc Holdings Inc. reported third-quarter 2026 net income of $104 million, or $3.10 per diluted share, compared to $30 million in the prior-year period. Total revenues increased 5% to a record $1,364 million, driven by a 12% rise in equipment rental revenue to $1,254 million and robust demand from mega-projects. Adjusted EBITDA grew 9% to $603 million with an adjusted EBITDA margin of 44.2%. The company raised its full-year 2026 equipment rental revenue guidance to a range of $4.475 billion to $4.55 billion and increased adjusted EBITDA guidance to $2.10 billion to $2.15 billion, citing accelerating customer demand and revenue synergies from the H&E acquisition. Herc Holdings operates as a full-line equipment rental supplier with over 600 locations across North America.
