secwatch.observer — SEC 8-K summary
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Issuer:     WillScot Holdings Corp (WSC)
CIK:        0001647088
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001647088-26-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WillScot Q4 2025 net loss $187M; FY2026 revenue ~$2.175B, adj EBITDA ~$900M
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- Q4 revenue $566M down 6% YoY; net loss $187M vs $89M profit a year ago. Diluted EPS $(1.03).
- Adjusted EBITDA $250M (44.2% margin) vs $285M (47.3%) YoY; Adjusted EPS $0.29 vs $0.49.
- FY2026 outlook: revenue ~$2.175B, Adj EBITDA ~$900M, Net CAPEX ~$275M; conservative vs run rate.
- Leasing revenue $437M down 5.9% YoY but up 0.8% sequentially; modular activations up 3% YoY.
- Network Optimization Plan: $302M restructuring charge; expects $25-30M annual cost savings over 4 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647088/000164708826000009/0001647088-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647088/000164708826000009/wsc-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001647088-26-000009

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