WillScot Reports Third-Quarter 2026 Revenue of $601 Million
WillScot reported net income of $52 million and Adjusted EBITDA of $234 million, with a 38.8% margin, up 160 basis points sequentially. Leasing revenue rose 4%, delivery and installation revenue increased 22.7%, and modular unit activations grew 12% year over year. Results exceeded management’s outlook, and the company raised its 2026 revenue and Net CAPEX guidance.
WillScot reported third quarter 2026 revenue of $601 million and net income of $52 million. The company achieved an Adjusted EBITDA of $234 million, representing a 38.8% margin, which was a 160 basis point sequential increase. Performance was driven by a 4% increase in leasing revenue and a 22.7% increase in delivery and installation revenue, alongside a 12% year-over-year growth in modular unit activations. Management noted that results exceeded their outlook, leading to an increase in 2026 revenue and Net CAPEX guidance.
The company also provided early expectations for 2027 Adjusted EBITDA growth and deleveraging.