secwatch.observer — SEC 8-K summary
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Issuer:     HERC HOLDINGS INC (HRI)
CIK:        0001364479
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001364479-26-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364479/000136447926000084/0001364479-26-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364479/000136447926000084/hri-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001364479-26-000084

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