CTOS Q1 2023 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena

CTOSCustom Truck One Source, Inc.

$1B

Q1 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$452M+23.4% YoY

Gross Profit

$100M22.2% margin

Operating Income

$43M9.6% margin

Net Income

$14M3.1% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-7.1%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$128M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.2B

Stockholders' Equity

$905M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$452M	$366M	+23.4%
Gross Profit	$100M	$68M	+47.3%
Operating Income	$43M	$14M	+199.9%
Net Income	$14M	-$3M	+521.6%

Revenue Segments

Sales And Services

$334M74%

Rental Revenue, Excluding Shipping And Handling

$113M25%

Rental Revenue, Shipping And Handling

$5M1%

Geographic Segments

UNITED STATES

$438M97%

CANADA

$14M3%