WillScot Q4 net loss of $187 million includes $302 million restructuring charge
WillScot reported fourth-quarter 2025 revenue of $566 million, down from $603 million a year earlier, and a net loss of $187 million, driven mainly by a $302 million non-cash restructuring charge tied to its Network Optimization Plan. The company also gave 2026 guidance of approximately $2.175 billion in revenue and $900 million in Adjusted EBITDA, compared with $2.28 billion and $971 million for full-year 2025.
Key points
- Q4 2025 diluted EPS was $(1.03) versus $0.48 a year earlier; Adjusted Diluted EPS was $0.29 versus $0.49.
- The $302 million restructuring charge reflects accelerated depreciation on rental equipment identified for abandonment; the Board approved the plan on December 18, 2025.
- The plan is expected to reduce annual real estate cost increases by approximately $25 million to $30 million over the next four years.
- Full-year 2025 net loss was $53 million, and the company paid down $146 million of debt.
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 February 19, 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.