Highest-materiality recent filing
Custom Truck One Source Q2 revenue $563.4M (+10.2% YoY), raises FY2026 guidance
Record Q2 revenue $563.4M (+10.2% YoY); net income $10.4M vs loss of $28.4M in Q2 2025.
CTOS Q1 revenue record $461.6M (+9.3% YoY); raises FY 2026 Adjusted EBITDA guidance to $415M-$440M
Net loss narrowed to $4.1M from $17.8M YoY; Adjusted EBITDA $98.0M, up 33.4%.
CTOS reports record Q4 revenue $528M, full-year Adj EBITDA $384M, issues strong FY2026 guidance
Q4 revenue $528.2M (record), up 1.4% YoY; full-year revenue $1,944M, up 7.9%.
CTOS Q3 revenue up 8% to $482M, Adj. EBITDA rises 20% to $96M; reaffirms FY guidance
Total revenue $482.1M (+7.8% YoY); net loss narrowed to $5.8M from $17.4M.
Total revenue $511.5M (+20.9% YoY); net loss $28.4M vs $24.5M loss in prior year.
CTOS Q1 revenue up 2.7% to $422M; net loss widens to $17.8M; reaffirms 2025 guidance
Total revenue $422.2M (+2.7% YoY); rental revenue up 9.5% to $116.3M; equipment sales flat.
CTOS Q4 revenue $520.7M (+16.4% seq), full-year net loss $28.7M; guides 2025 revenue $1.97-2.06B
Q4 total revenue $520.7M (up 16.4% seq, flat YoY); Q4 net income $27.6M vs Q3 net loss $17.4M.
Custom Truck One Source repurchases 8.1M shares at $4.00, 23% discount, from Energy Capital Partners
Bought 8,143,635 shares from Energy Capital Partners at $4.00/share, a 23% discount to $5.19 close.
CTOS Q3 net loss $17.4M; cuts full-year revenue and EBITDA guidance
Total revenue $447.2M, up 5.7% sequentially; net loss $17.4M vs loss $24.5M prior quarter.
Custom Truck One Source upsizes revolver to $950M and extends maturity to 2029
Revolving commitments increased from $750M to $950M.
Custom Truck Q2 revenue down 7.4% to $423M; net loss $24.5M; lowers FY guidance
Net loss $24.5M vs income $11.6M YoY; Adjusted EBITDA $80.1M, down 22.4%.
Custom Truck One Source Q1 net loss $14.3M, revenue down 9%, cuts FY 2024 guidance
Q1 revenue $411.3M (-9% YoY); net loss $14.3M vs net income $13.8M in Q1 2023.
Custom Truck One Source authorizes $25M stock repurchase program
Board approved repurchase of up to $25 million of common stock.
CTOS reports record 2023 revenue $1.87B, net income $50.7M; guides 2024 rev $2.0-2.18B
Q4 revenue $521.8M (+7.2% YoY), full-year revenue $1,865.1M (+18.6% YoY); Q4 net income $16.1M vs $30.9M in Q4 2022.
Custom Truck Q3 revenue $434M (+21%), net income $9.2M vs -$2.4M; raises FY revenue guidance
Revenue $434.4M vs $357.8M (+21.4%); net income $9.2M vs loss of $2.4M.
CTOS board approves $25M stock repurchase program
Board authorized up to $25M in share repurchases on September 14, 2023.
CTOS Q2 revenue up 26% to $457M; FY2023 guidance raised
Revenue $456.8M (+26.2% YoY); Adj. EBITDA $103.2M (+20.8% YoY).
Custom Truck Q1 rev $452M (+23% YoY); net income $13.8M vs loss; raises FY23 guidance
Total revenue $452.2M, up 23.4% YoY; rental revenue +8.4%, equipment sales +32.6%.
CTOS reports record Q4 revenue $486.7M, net income $30.9M, CEO transition to McMonagle
Q4 revenue $486.7M (+36.6% YoY); full-year revenue $1,573.1M (+34.8%).
Custom Truck One Source appoints Ryan McMonagle CEO, Fred Ross to Founder role
Fred Ross to retire as CEO effective March 20, 2023; will continue as Founder and Board member.
CTOS Q3 2022: Revenue $357.8M, gross profit +35.1%, net loss narrows to $2.4M
Total revenue $357.8M, flat YoY; gross profit $88.2M, up 35.1% from $65.3M in Q3 2021.
CTOS Q2 net income $13.6M, Adj EBITDA $85.4M; raises FY guidance; appoints CFO, $30M buyback
Q2 revenue $362.1M (down 3.5% YoY); rental revenue up 13.7% to $112.1M; gross profit $82.8M (+77.3% YoY).
Custom Truck One Source appoints new CFO and authorizes $30M stock repurchase
Christopher Eperjesy named CFO effective Aug 15, 2022; Todd Barrett remains CAO.
CTOS Q1 revenue $366.5M, Adj. EBITDA $91.5M; maintains full-year outlook
Total revenue $366.5M; gross profit $84.5M (+8.5% vs Q4 2021).
Custom Truck One Source posts preliminary Q1 revenue $363M-$366M; appoints interim CFO
Preliminary Q1 2022 revenue $363M-$366M, net loss $8M-$10M, Adjusted EBITDA $90M-$93M.
CTOS reports FY2021 pro forma revenue up 9.4% to $1.48B; Adj. EBITDA up 9.5%; issues 2022 outlook
Pro forma FY revenue $1,483.6M (+9.4% YoY); pro forma Adj. EBITDA $323.1M (+9.5% YoY).
Custom Truck One Source completes $46M acquisition of HiRail Leasing Group
Acquired HiRail Leasing Group for $46.0 million, subject to fleet and other customary adjustments.
Rahman D’Argenio informed Custom Truck One Source, Inc. (the “Company”) of his decision to resign as a member of the Board of Directors (the “Board”) of the Company and the Compensation Committee of the Board, effective August 16, 2024.
On June 19, 2023, the Board elected Ryan McMonagle, the Chief Executive Officer of the Company, as a Class C Director, to serve until the Company’s 2025 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation, disqualification or removal.
On June 15, 2023, upon conclusion of the annual meeting of stockholders (the “Annual Meeting”) of Custom Truck One Source, Inc. (the “Company”), Bryan Kelln notified the Company of his decision to resign as a director from the Board of Directors of the Company (the “Board”), effective immediately.
Mr. McMonagle succeeds Fred Ross, the Company’s Chief Executive Officer, who notified the Board on December 7, 2022 that he would be retiring as Chief Executive Officer, effective March 20, 2023.
On December 7, 2022, the Board of Directors (the “Board”) of Custom Truck One Source, Inc. (the “Company”) appointed Ryan McMonagle as Chief Executive Officer, effective March 20, 2023, as part of the Board’s succession plan.
Mr. Eperjesy succeeds Todd Barrett, who will no longer serve as Interim Chief Financial Officer, effective August 15, 2022, and will continue to serve as Chief Accounting Officer of the Company.
On August 1, 2022, the Board of Directors (the “Board”) of Custom Truck One Source, Inc. (the “Company”) appointed Christopher J. Eperjesy to serve as Chief Financial Officer of the Company, effective August 15, 2022.
Bradley Meader, who is stepping down as Chief Financial Officer, effective May 13, 2022.
appointed Todd Barrett to serve as Interim Chief Financial Officer of the Company, effective May 13, 2022.
appointed Mary M. Jackson to the Board as a Class C Director
On December 6, 2021, John-Paul Munfa notified the Board of Directors (the “Board”) of Custom Truck One Source, Inc. (the “Company”) of his decision to resign from the Board and the Compensation Committee of the Board, effective December 6, 2021.
Max materiality 0.85 · Median 0.60 · Most common event earnings