Herc Holdings Q3 profit rises to $3.10 per share and raises 2026 guidance again
Herc Holdings reported third-quarter 2026 revenue of $1,364 million, up 5%, and net income of $104 million, or $3.10 per diluted share, versus $30 million, or $0.90, a year earlier. The company raised its full-year 2026 guidance for equipment rental revenue, adjusted EBITDA and capital expenditures for the second time this year, citing growth in its large-project pipeline.
Key points
- Q3 adjusted EBITDA rose 9% to $603 million, and adjusted EBITDA margin was 44.2% versus 42.3%.
- Adjusted earnings per diluted share were $3.91 versus $2.22 in the prior-year quarter.
- Updated 2026 adjusted EBITDA guidance is $2.10 billion to $2.15 billion, up from $2.05 billion to $2.125 billion.
- Updated 2026 equipment rental revenue guidance is $4.475 billion to $4.550 billion, up from $4.375 billion to $4.475 billion.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.