EquipmentShare Raises 2026 Guidance, Shares Up 7%

EquipmentShare reported Q1 loss of $0.11 per share but revenue surged 38% YoY to $989 million.
Rental segment revenue climbed 37% YoY to $764 million and adjusted Core EBITDA rose 38% to $399 million.
Company lifted full‑year 2026 revenue outlook to $5.15‑$5.58 billion (midpoint $5.37 billion) and Core EBITDA to $1.88‑$2.00 billion.
Shares jumped 7% after‑hours; net loss narrowed to $29 million, adjusted net loss to $12 million, leverage improved to 2.8×.