Every material Form 8-K MCGRATH RENTCORP has filed with the SEC since July 29, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
McGrath RentCorp issued and sold $75 million of 6.53% unsecured Series H Senior Notes on November 2, 2026, under an amended note purchase agreement. The amendment also raised the company's revolving private shelf facility to $350 million and increased default thresholds from $10 million to $20 million, which gives the company more borrowing capacity and room before cross-default triggers.
Notes: $75 million principal, 6.53% interest, maturing November 2, 2031
Shelf facility capacity increased to $350 million, less notes outstanding and accepted but not yet issued
Cross-default and judgment thresholds raised from $10 million to $20 million
Company may prepay notes at 100% of principal plus a make-whole amount
McGrath RentCorp reported third-quarter 2026 total revenues of $274.6 million, up 7%, and net income of $48.8 million, or $2.00 per diluted share, versus $1.72 a year earlier. It also lowered its full-year total revenue outlook to $945 million to $960 million from $955 million to $985 million, citing lower Mobile Modular new equipment sales, and raised its gross rental equipment capital expenditure forecast.
Q3 2026 total revenues $274.6 million, up 7% from $256.4 million in Q3 2025
Q3 2026 net income $48.8 million, or $2.00 per diluted share, versus $42.3 million, or $1.72, in Q3 2025
Total revenue outlook for remainder of 2026 cut to $945 million to $960 million from $955 million to $985 million
Gross rental equipment capital expenditures raised to $270 million to $290 million from $200 million to $220 million; Adjusted EBITDA range narrowed to $365 million to $373 million from $363 million to $375 million, midpoint unchanged
McGrath RentCorp reported second-quarter 2026 total revenues of $221.1 million, down 6%, and net income of $33.7 million, or $1.37 per diluted share, versus $1.46 a year earlier, mainly due to lower gross profit on sales revenues. The company narrowed its full-year 2026 total revenue and Adjusted EBITDA ranges and raised its gross rental equipment capital expenditure outlook to $200 to $220 million.
Total revenues were $221.1 million, down from $235.6 million; diluted EPS was $1.37 versus $1.46.
Sales revenues fell 34% to $46.4 million as several new sales projects shifted to the second half of the year.
Rental operations revenues rose 6% to $172.5 million, with TRS-RenTelco rental revenues up 17%.
Full-year 2026 total revenue outlook is now $955 to $985 million (previously $945 to $995 million); gross rental equipment capex is now $200 to $220 million (previously $180 to $200 million).
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