Herc Holdings Q1 2026: revenue up 32% to $1.14B, adjusted EBITDA $448M

HERC HOLDINGS INC

2026-Q1 EPS reported -$0.72 revenue$1,139,000,000

Equipment rental revenue $981M (+33%); total revenues $1,139M (+32%).
Net loss $24M ($0.72/diluted share); adjusted net income $7M ($0.21/diluted share).
Adjusted EBITDA $448M (+33%), margin flat at 39.3%; free cash flow $94M nearly doubled.
Affirms FY2026 guidance: equipment rental revenue $4.275B-$4.4B, adj. EBITDA $2.0B-$2.1B.
Completed integration of H&E acquisition; net debt $8.0B with net leverage 3.96x.

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