CTOS Q2 2023 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena

CTOSCustom Truck One Source, Inc.

$1B

Q2 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$457M+26.2% YoY

Gross Profit

$101M22.2% margin

Operating Income

$43M9.5% margin

Net Income

$12M2.5% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$87M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.2B

Stockholders' Equity

$919M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$457M	$362M	+26.2%
Gross Profit	$101M	$74M	+37.7%
Operating Income	$43M	$25M	+74.5%
Net Income	$12M	$14M	-14.8%

Revenue Segments

Sales And Services

$335M73%

Rental Revenue, Excluding Shipping And Handling

$115M25%

Rental Revenue, Shipping And Handling

$8M2%

Geographic Segments

UNITED STATES

$443M97%

CANADA

$14M3%