McGrath Q1 2026 revenue $198.5M (+2%), EPS $1.10 vs $1.15 YoY; reaffirms guidance

MCGRATH RENTCORP

2026-Q1 EPS reported $1.10 vs consensus $1.13 ▼ miss (-3.0%)

Total revenue $198.5M (+2%); net income $27.0M ($1.10 diluted) vs $28.2M ($1.15) in Q1 2025.
Adjusted EBITDA $74.1M (-1% YoY); rental revenues up 5% to $162.2M.
TRS-RenTelco rental revenue surged 13% to $28.9M on data center buildout demand.
Quarterly dividend unchanged at $0.495/share; FY2026 guidance reaffirmed (revenue $945–$995M).
Portable Storage rental revenue +1% to $16.3M; higher equipment costs compressed margins.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

MCGRATH RENTCORP reported first quarter ended March 31, 2026 results: revenue $198.5 million, net income $27.0 million, EPS $1.10 per diluted share.

Period: first quarter ended March 31, 2026
Revenue: $198.5 million
Net income: $27.0 million
EPS: $1.10 per diluted share
Result: reported results

Exact text from the filing

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 March 31, 2026 of $198.5 million, an increase of 2% compared to the first quarter of 2025. The Company reported net income of $27.0 million, or $1.10 per diluted share, for the first quarter of 2026, compared to net income of $28.2 million, or $1.15 per diluted share, for the first quarter of 2025.

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Source: SEC EDGAR

accession 0001193125-26-191428

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