---
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"
generated_at: "2026-05-15T02:33:15.040991+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-191428
- JSON: https://secwatch.observer/filing/0001193125-26-191428.json
- Plain text: https://secwatch.observer/filing/0001193125-26-191428.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/752714/000119312526191428/0001193125-26-191428-index.htm

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