secwatch.observer — SEC 8-K summary
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Issuer:     MCGRATH RENTCORP (MGRC)
CIK:        0000752714
Form:       8-K
Filed at:   2026-07-29T20:00:16+00:00
Accession:  0001193125-26-323611
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McGrath RentCorp Q2 revenue down 6% to $221.1M; EPS $1.37 vs $1.46; updates FY guidance
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- Net income $33.7M ($1.37 diluted EPS) vs $36.0M ($1.46) in Q2 2025; adjusted EBITDA $82.8M, down 4%.
- Rental operations revenue up 6% to $172.5M; sales revenue down 34% to $46.4M.
- TRS-RenTelco rental revenue grew 17%; Mobile Modular rental revenue up 2%; Portable Storage flat.
- Full-year 2026 guidance updated: revenue $955-985M, adjusted EBITDA $363-375M, gross rental capex $200-220M.
- Dividend of $0.495 per share declared; annualized yield 1.7% based on $119.98 close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752714/000119312526323611/0001193125-26-323611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752714/000119312526323611/mgrc-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-323611

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