secwatch.observer — SEC 8-K summary
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Issuer:     Custom Truck One Source, Inc. (CTOS)
CIK:        0001709682
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001709682-25-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Custom Truck One Source Q2 revenue $511.5M (+20.9% YoY), Adj EBITDA $93.4M (+16.7%), reaffirms FY guidance
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- Total revenue $511.5M (+20.9% YoY); net loss $28.4M vs $24.5M loss in prior year.
- Adjusted EBITDA $93.4M (+16.7% YoY); Adjusted Gross Profit $156.5M (+17.0%).
- ERS fleet utilization improved to 77.6% (vs 71.7%); average OEC on rent up 16% to $1.21B.
- TES signed orders up ~30% YoY; sales backlog $334.8M (down from $478.2M YoY but within normal range).
- Reaffirms FY2025 guidance: revenue $1.97-2.06B, Adj EBITDA $370-390M; targets >$50M levered FCF.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709682/000170968225000030/0001709682-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709682/000170968225000030/ctos-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001709682-25-000030

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