WillScot Holdings Corp — fact timeline

WillScot Holdings Corp reported first quarter ended March 31, 2026 results: revenue $548,628, net income $28,123, EPS $0.15. Guidance raised.

“leasing revenue inflection now implied in our current outlook." First Quarter 2026 Results 1 Three Months Ended March 31, (in thousands, except share data) 2026 2025 Revenue $ 548,628 $ 559,551 Net income $ 28,123 $ 43,055 Adjusted Net Income $ 38,847 $ 48,658 Adjusted EBITDA $ 211,014 $ 228,785 Gross profit margin 52.1 % 53.7 % Adjusted EBITDA Margin (%) 38.5”

WillScot Holdings Corp announced a restructuring with charges of unit disposal costs requiring future cash expenditures estimated to be approximately $40 million to $50 million affecting branch network consisting of approximately 400 physical properties.

“Significant costs associated with the Network Optimization Plan include non-cash accelerated depreciation of approximately $303 million (after consideration of scrap proceeds of approximately $8 million) recorded in the fourth quarter of 2025 and unit disposal costs requiring future cash expenditures estimated to be approximately $40 million to $50 million recorded in future periods as the units are disposed through 2029.”

WillScot Holdings Corp announced a restructuring with charges of non-cash accelerated depreciation of approximately $303 million (after consideration of scrap proceeds of approximately $8 million) affecting branch network consisting of approximately 400 physical properties.

“Significant costs associated with the Network Optimization Plan include non-cash accelerated depreciation of approximately $303 million (after consideration of scrap proceeds of approximately $8 million) recorded in the fourth quarter of 2025 and unit disposal costs requiring future cash expenditures estimated to be approximately $40 million to $50 million recorded in future periods as the units are disposed through 2029.”

Erik Olsson departed as non-executive Chairman at WillScot Holdings Corp.

“On March 23, 2025, Erik Olsson, a member of the Board of Directors (the “Board”) of WillScot Holdings Corporation (the “Company”), informed the Board of his decision not to stand for reelection as a director at the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).”

Graeme Parkes departed as Executive Vice President – Chief Information Officer at WillScot Holdings Corp.

“On January 3, 2025, WillScot Holdings Corporation (the “Company”) disclosed that Graeme Parkes, the Company’s Executive Vice President – Chief Information Officer, departed from the Company effective December 31, 2024.”

Worthing Jackman was appointed as member of the Board at WillScot Holdings Corp.

“On October 22, 2024, the Board of Directors (the “Board”) of WillScot Holdings Corporation acted to increase the size of the Board from 9 to 10 members and appointed Worthing Jackman to serve as a member of the Board to fill the vacancy created by that increase, effective immediately.”

WillScot Holdings Corp reported first quarter ended March 31, 2024 results: revenue $587 million, net income $56 million. Guidance reaffirmed.

“first quarter 2024 results and provided an update on operations and the current market environment, including the following highlights: Q1 2024 • Revenue increased 4% to $587 million and Income from continuing operations was $56 million. Income from operations included approximately $15 million of integration and transaction-related expenses. Adjusted EBITDA”

WillScot Holdings Corp entered into Sixth Amendment to ABL Credit Agreement with Bank of America, N.A., as agent and collateral agent valued at Sixth Amendment dated as of February 27, 2024 will amend the ABL Facility to permit incurrence of in (effective 2024-02-27).

“In connection with the Company’s pending acquisition (the “ McGrath Acquisition ”) of McGrath RentCorp (“ McGrath ”), on February 27, 2024, WSI and certain other subsidiaries of the Company entered into a sixth amendment (the “ Sixth Amendment ”) to the ABL Facility, among WSI, the other Loan Parties party thereto, the US Swingline Lenders party thereto, the US Fronting Banks party thereto, the Lenders party thereto and Bank of America, N.A., as agent and collateral agent.”

WillScot Holdings Corp entered into Fifth Amendment to ABL Credit Agreement with Bank of America, N.A., as Administrative Agent valued at Fifth Amendment dated as of February 26, 2024 changes the rate under the ABL Facility for borrowings (effective 2024-02-26).

“Williams Scotsman, Inc. (“ WSI ”), an indirect and wholly owned subsidiary of WillScot Mobile Mini Holdings Corp. (“ WillScot Mobile Mini ” or the “ Company ”), has entered into a Fifth Amendment, dated as of February 26, 2024, among the Company and Bank of America, N.A., as Administrative Agent (the “ Fifth Amendment ”), which amended that certain ABL Credit Agreement, dated as of July 1, 2020, (as amended by the First Amendment to the ABL Credit Agreement, dated as of December 2, 2020, the LIBOR Transition Amendment, dated as of December 6, 2021, the Third Amendment to the ABL Credit Agreement, dated as of December 16, 2021, the Fourth Amendment to the ABL Credit Agreement, dated as of June 30, 2022, and as further amended, amended and restated, supplemented or otherwise modified from time to time, the “ ABL Facility ”).”

WillScot Holdings Corp updated its FY 2024 guidance (initiated).

“Issued FY 2024 Adjusted EBITDA outlook range of $1,125 million to $1,200 million, representing 6% to 13% growth in our continuing operations versus 2023.”

WillScot Holdings Corp reported financial results for full year 2023.

“On February 20, 2024, WillScot Mobile Mini Holdings Corp. issued a press release announcing financial results for the fourth quarter ended December 31, 2023, a copy of which is attached as Exhibit 99.1.”

WillScot Holdings Corp reported financial results for the fourth quarter ended December 31, 2023.

“On February 20, 2024, WillScot Mobile Mini Holdings Corp. issued a press release announcing financial results for the fourth quarter ended December 31, 2023, a copy of which is attached as Exhibit 99.1.”

WillScot Holdings Corp entered into Agreement and Plan of Merger with McGrath RentCorp (effective 2024-01-28).

“On January 28, 2024, WillScot Mobile Mini Holdings Corp., a Delaware corporation (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with McGrath RentCorp, a California corporation (“McGrath”), Brunello Merger Sub I, Inc., a California corporation and a direct wholly owned subsidiary of the Company (“Merger Sub I”), and Brunello Merger Sub II, LLC, a Delaware limited liability company and direct wholly owned subsidiary of the Company (“Merger Sub II”).”