Custom Truck One Source, Inc. reported second quarter 2026 financial results and increased its full-year guidance. The company achieved record quarterly revenue of $563.4 million, a 10.2% increase year-over-year, driven by strong demand in transmission and distribution markets. Net income turned positive at $10.4 million compared to a loss in the prior year period, while Adjusted EBITDA rose 25.0% to $116.8 million. Management raised full-year 2026 revenue guidance to $2.1 billion–$2.2 billion and Adjusted EBITDA guidance to $437.5 million–$455 million, citing sustained strength in core end markets and improved fleet utilization of 81.6%. The company also reduced its net leverage ratio to 3.85x at quarter-end. Custom Truck One Source operates in the specialty equipment rental and sales industry, providing aerial devices, boom trucks, cranes, and related services primarily to electric utility, telecommunications, rail, and infrastructure sectors.