McGrath RentCorp Reports 3Q Revenue of $274.6M
Story updates
08:00:32 PM UTC
SquawkNews
McGrath RentCorp (“McGrath” or the “Company”) (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended September 30, 2026 of $274.6 million, an increase of 7% compared to the third quarter of 2025. The Company reported net i…
08:01:16 PM UTC
SquawkNews
McGrath RentCorp reported Q3 2026 revenue of $274.6M, up 7% YoY, and net income of $48.8M ($2.00/share) versus $42.3M ($1.72/share) a year ago.Material DetailsContext by AI AnalystThis is a mid-cycle confirmation of ongoing momentum in rental operations, with TRS strength offsetting softer Portable…
08:03:43 PM UTC
SquawkNews
McGrath reported third-quarter 2026 revenue of $274.6 million, up 7% year over year, and net income of $48.8 million. Diluted earnings per share were $2.00, compared with $1.72 a year earlier. Results reflected higher gross profit from rental operations and sales.Financial HighlightsBusiness Highli…
08:15:17 PM UTC
SquawkNews
McGrath RentCorp Q3 revenue rises on strong TRS-RenTelco demand Overview Business-to-business rental
08:15:30 PM UTC
SquawkNews
OverviewOutlookResult DriversCompany press release:Key DetailsAnalyst CoverageReuters Recommended ReadsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using…
08:16:14 PM UTC
SquawkNews
McGrath RentCorp reported third-quarter 2026 revenue of $274.6 million, up 7% from a year earlier, while net income increased 15% to $48.8 million and diluted EPS rose 16% to $2. Higher gross profit at Enviroplex and TRS-RenTelco primarily drove net income growth.Financial HighlightsBusiness Highli…