WillScot Q1 revenue falls to $560 million; profit declines, full-year outlook reaffirmed
WillScot reported first quarter 2025 revenue of $560 million, down from $587 million a year earlier, and net income of $43 million, down from $56 million. Diluted EPS was $0.23 versus $0.29, and the company reaffirmed its full-year 2025 revenue, Adjusted EBITDA and Net CAPEX outlook. For shareholders, lower quarterly profit is the key result, while the unchanged outlook and $45 million returned through buybacks and the first quarterly dividend are the main offsets.
Key points
- Revenue $560 million vs. $587 million; net income $43 million vs. $56 million; diluted EPS $0.23 vs. $0.29
- Adjusted EBITDA $229 million at a 40.9% margin, vs. $248 million at 42.2% a year earlier
- Reaffirmed 2025 outlook: revenue $2,275 million to $2,475 million; Adjusted EBITDA $1,000 million to $1,090 million
- Returned $45 million: about 1.1 million shares repurchased for $32 million and $13 million in first quarterly dividends ($0.07 per share paid March 19, 2025)
The filing
Written by AI on Nov 8, 2026, 1:38 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 May 01, 2025.
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.