---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-248723"
form_type: "8-K"
ticker: "MGRC"
cik: "0000752714"
company_name: "MCGRATH RENTCORP"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:37:46.189912+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# McGrath Q3 net income $42.3M (excl. merger payment down 8%); revenue down 4%; narrows FY guidance

## Summary
- Net income $42.3M ($1.72 diluted EPS) vs $149.3M (incl. $180M merger termination) in Q3 2024; ex-items down 8%.
- Total revenue $256.4M (-4% YoY); rental ops revenue +4% to $178.1M; sales revenue -18% to $76.1M.
- Adjusted EBITDA $96.5M, down 7% YoY.
- Full-year 2025 guidance narrowed: revenue $935-955M, Adjusted EBITDA $350-357M, capex $120-125M.
- Dividend of $0.485/share declared for Q3 (unchanged).

## SEC filing metadata
- accession: 0001193125-25-248723
- form_type: 8-K
- ticker: MGRC
- cik: 0000752714
- company_name: MCGRATH RENTCORP
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/752714/000119312525248723/0001193125-25-248723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/752714/000119312525248723/mgrc-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-248723
- JSON: https://secwatch.observer/filing/0001193125-25-248723.json
- Plain text: https://secwatch.observer/filing/0001193125-25-248723.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.