EquipmentShare raises 2026 revenue forecast to $6.05 billion

• EquipmentShare raised its 2026 total revenue forecast to $5.81–$6.05 billion, compared with its previous $5.25–$5.68 billion range.
• Adjusted Core EBITDA is now forecast at $2.14–$2.22 billion, up from $1.95–$2.06 billion, while expected rental revenue growth increases to 43% at the midpoint.
• EquipmentShare attributes the higher outlook to customer demand, fleet utilization and productivity, while maintaining plans for 427–435 full-service rental locations by year-end.

EquipmentShare (NASDAQ:EQPT) raised its 2026 revenue forecast to $5.81–$6.05 billion, citing customer demand, fleet utilization and improving productivity.

The revised guidance exceeds July's $5.25–$5.68 billion range, while expected rental segment revenue growth increased to 43% at the midpoint from 33%.

Rental segment revenue is now forecast at $3.82–$3.98 billion, compared with the previous $3.47–$3.75 billion range.

EquipmentShare also increased its adjusted Core EBITDA forecast to $2.14–$2.22 billion from $1.95–$2.06 billion, while maintaining its 427–435-location target.

The company continues to target approximately $4 billion in long-term annualized Core EBITDA from its existing footprint.

EquipmentShare anticipates 262 mature rental locations by year-end 2026, compared with 186 at the end of 2025, supporting its operating efficiency plans.

Earlier in 2026, EquipmentShare authorized a $500 million share repurchase program and reported Q2 revenue of $1.45 billion, including $908 million from rental operations.