secwatch.observer — SEC 8-K summary
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Issuer:     Custom Truck One Source, Inc. (CTOS)
CIK:        0001709682
Form:       8-K
Filed at:   2026-08-03T20:14:07+00:00
Accession:  0001709682-26-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Custom Truck One Source Q2 revenue $563.4M (+10.2% YoY), raises FY2026 guidance
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- Record Q2 revenue $563.4M (+10.2% YoY); net income $10.4M vs loss of $28.4M in Q2 2025.
- Adjusted EBITDA $116.8M (+25.0% YoY); raised FY2026 revenue guidance to $2.1B-$2.2B and Adj. EBITDA to $437.5M-$455M.
- SER segment revenue $218.8M (+19.7% YoY); fleet utilization 81.6% (up 400 bps YoY); ending OEC $1.68B (record).
- STEM segment external revenue $344.6M (+4.9% YoY); backlog $322M (3.5 months of LTM sales).
- Net leverage ratio reduced to 3.85x from 4.02x at Q1 2026; levered free cash flow expected >$50M in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709682/000170968226000039/0001709682-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709682/000170968226000039/ctos-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001709682-26-000039

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