{"schema_version":"secwatch.filing_event.v1","accession":"0001709682-23-000057","form_type":"8-K","ticker":"CTOS","cik":"0001709682","company_name":"Custom Truck One Source, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.133779+00:00","generated_at":"2026-06-08T16:20:37.647051+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Custom Truck Q3 revenue $434M (+21%), net income $9.2M vs -$2.4M; raises FY revenue guidance","bullets":["Revenue $434.4M vs $357.8M (+21.4%); net income $9.2M vs loss of $2.4M.","Adjusted EBITDA $100.2M vs $91.6M (+9.3%); net leverage ratio 3.3x.","TES segment revenue up 34% YoY; fleet utilization 78.9% (80.5% at quarter end).","Full-year revenue guidance raised to $1,765M-$1,870M; Adjusted EBITDA reaffirmed $425M-$445M.","Repurchased $15.8M of common stock during Q3; leverage target delay to '24."],"urls":{"canonical":"https://secwatch.observer/filing/0001709682-23-000057","json":"https://secwatch.observer/filing/0001709682-23-000057.json","markdown":"https://secwatch.observer/filing/0001709682-23-000057.md","text":"https://secwatch.observer/filing/0001709682-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1709682/000170968223000057/0001709682-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1709682/000170968223000057/ctos-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T16:20:37.647051+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f116aca94574ae6d00ab6af1b8c24e28a9f45ea1","claim":"Custom Truck One Source, Inc. reported three months ended September 30, 2023 results: revenue $434.4 million, net income $9.2 million. Guidance raised.","evidence_excerpt":"Total revenue of $434.4 million, an increase of $76.6 million, or 21.4%, compared to $357.8 million for the third quarter of 2022 as a result of continued strong demand across our end markets • Gross profit of $107.2 million, an improvement of $19.0 million, or 21.5%, compared to $88.2 million for the third quarter of 2022 • Adjusted Gross Profit of $149.6 million, an increase of $18.8 million, or 14.4%, compared to $130.8 million for the third quarter of 2022 • Net income of $9.2 million, an increase of $11.6 million, compared to net loss of $2.4 million, in the third quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1709682/000170968223000057/0001709682-23-000057-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2023"},{"label":"Revenue","value":"$434.4 million"},{"label":"Net income","value":"$9.2 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}