secwatch.observer — SEC 8-K summary
======================================

Issuer:     MCGRATH RENTCORP (MGRC)
CIK:        0000752714
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001193125-26-191428
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752714/000119312526191428/0001193125-26-191428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752714/000119312526191428/mgrc-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-191428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer