{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-191428","form_type":"8-K","ticker":"MGRC","cik":"0000752714","company_name":"MCGRATH RENTCORP","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.703665+00:00","generated_at":"2026-05-15T02:33:15.040991+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"McGrath Q1 2026 revenue $198.5M (+2%), EPS $1.10 vs $1.15 YoY; reaffirms guidance","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-191428","json":"https://secwatch.observer/filing/0001193125-26-191428.json","markdown":"https://secwatch.observer/filing/0001193125-26-191428.md","text":"https://secwatch.observer/filing/0001193125-26-191428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/752714/000119312526191428/0001193125-26-191428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/752714/000119312526191428/mgrc-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:33:15.040991+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d01ab900361a9bf685dc753cdd950f90421eaa2","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/752714/000119312526191428/0001193125-26-191428-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$198.5 million"},{"label":"Net income","value":"$27.0 million"},{"label":"EPS","value":"$1.10 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}