CTOSCustom Truck One Source, Inc.

$1B

Q2 2025 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$511M+20.9% YoY

Gross Profit

$92M18.1% margin

Operating Income

$33M6.5% margin

Net Income

-$28M-5.5% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+21.1%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

-$61M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.8B

Stockholders' Equity

$790M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$511M	$423M	+20.9%
Gross Profit	$92M	$79M	+16.6%
Operating Income	$33M	$24M	+41.3%
Net Income	-$28M	-$24M	-15.9%

Revenue Segments

Sales And Services

$391M76%

Rental Revenue, Excluding Shipping And Handling

$115M22%

Rental Revenue, Shipping And Handling

$6M1%

Geographic Segments

UNITED STATES

$500M98%

CANADA

$12M2%

CTOS Q2 2025 Earnings — Custom Truck One Source, Inc. Revenue & Financial Results | Market Cap Arena