Herc Holdings revenue gains 20% to $1.2 billion

• Herc Holdings reported second-quarter revenue of $1.20 billion, up 20% from the prior year.
• Equipment rental revenue increased 23% to $1.07 billion, while adjusted EBITDA rose 19% to $487 million.
• First-half free cash flow nearly doubled to $202 million from $103 million a year earlier.

Herc Holdings (NYSE:HRI) reported second-quarter 2026 revenue of $1.20 billion, up 20%, as equipment rental revenue increased 23% to $1.07 billion.

The company recorded net income of $19 million, or $0.57 per diluted share, while adjusted net income reached $48 million, or $1.43 per diluted share.

Herc Holdings said the quarterly results reflected continued growth across its equipment rental operations during the period ended June 30, 2026.

Adjusted EBITDA increased 19% to $487 million, while the adjusted EBITDA margin remained unchanged at 40%.

First-half free cash flow nearly doubled to $202 million from $103 million in the prior-year period.

Herc Holdings is an equipment rental company serving construction, industrial and infrastructure customers across North America.

The company continues to focus on expanding rental revenue, maintaining operating efficiency and increasing cash generation as demand develops across its end markets.