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Custom Truck One Source, Inc.

CIK: 1709682 SIC: 7359
$1.94B
Revenue
$-31.05M
Net Income
21.19%
Gross Margin
6.43%
Op. Margin
$547.10M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 7 of 26 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $528.18M $482.06M $511.48M $422.23M $520.74M $447.22M $423.01M
Revenue Growth % (YoY) 1.4% 7.8% 20.9% nan% nan% nan% nan%
Cost of Revenue $405.12M $381.31M $408.94M $336.70M $402.27M $355.39M $333.75M
+ Gross Profit $123.06M $100.75M $102.54M $85.54M $118.47M $91.83M $89.27M
Gross Margin % 23.3% 20.9% 20.0% 20.3% 22.7% 20.5% 21.1%
Operating Expenses $71.08M $68.12M $74.61M $73.13M $51.18M $68.79M $71.59M
Selling General & Admin $56.60M $54.86M $59.16M $59.45M $61.22M $54.63M $55.70M
+ Operating Income $51.98M $32.63M $27.93M $12.40M $67.28M $23.04M $17.67M
Operating Margin % 9.8% 6.8% 5.5% 2.9% 12.9% 5.2% 4.2%
Interest Expense $51.32M $104.11M $77.62M $26.84M $47.14M $105.20M $76.17M
Other Income/Expense $1.28M $874.00K $1.37M $1.02M $2.16M $2.82M $3.32M
Income Before Tax $15.01M $-6.74M $-10.90M $-25.49M $26.52M $-18.02M $-21.41M
Income Tax Expense $-5.87M $-988.00K $17.48M $-7.70M $-1.05M $-604.00K $3.07M
+ Net Income $20.88M $-5.76M $-28.38M $-17.79M $27.57M $-17.42M $-24.48M
Net Margin % 4.0% -1.2% -5.5% -4.2% 5.3% -3.9% -5.8%
Basic EPS nan -0.03 -0.13 -0.08 0.12 -0.07 -0.10
Diluted EPS nan -0.03 -0.13 -0.08 0.12 -0.07 -0.10
Basic Shares Outstanding -136K 226.6M 226.5M 228.3M -1.2M 234.4M 239.7M
Diluted Shares Outstanding -136K 226.6M 226.5M 228.3M -1.2M 234.4M 239.7M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $6.27M $13.06M $5.26M $5.38M $3.81M $8.44M $8.06M
Accounts Receivable $195.54M $182.22M $188.99M $202.23M $215.87M $176.04M $166.70M
Inventory $930.94M $1.04B $1.09B $1.08B $1.05B $1.20B $1.17B
Other Current Assets $17.01M $19.76M $39.58M $29.16M $23.56M $13.57M $20.04M
Total Current Assets $1.16B $1.26B $1.33B $1.32B $1.30B $1.41B $1.38B
Goodwill $705.17M $705.05M $705.23M $704.80M $704.81M $705.28M $705.22M
Intangible Assets $225.72M $232.33M $239.15M $245.71M $252.39M $259.50M $266.14M
Other Non-current Assets $11.82M $12.87M $13.85M $14.89M $16.05M $17.92M $19.63M
Total Assets $3.44B $3.54B $3.58B $3.54B $3.50B $3.58B $3.52B
Accounts Payable $88.37M $107.09M $128.61M $123.59M $88.49M $88.74M $119.79M
Accrued Liabilities $69.23M $91.59M $87.84M $80.72M $69.35M $58.41M $53.35M
Deferred Revenue $23.50M $27.47M $21.47M $21.02M $26.25M $20.06M $22.48M
Total Current Liabilities $873.33M $989.49M $1.06B $1.02B $1.00B $1.10B $1.06B
Long-term Debt $1.65B $1.63B $1.59B $1.59B $1.53B $1.57B $1.53B
Deferred Tax Liabilities $33.76M $38.57M $39.39M $23.28M $31.40M $32.64M $33.62M
Common Stock $25.00K $25.00K $25.00K $25.00K $25.00K $25.00K $25.00K
Retained Earnings $-617.58M $-638.46M $-632.70M $-604.32M $-586.53M $-614.10M $-596.69M
Total Stockholders Equity $809.10M $784.68M $790.13M $813.42M $861.31M $837.51M $856.68M
Total Liabilities & Equity $3.44B $3.54B $3.58B $3.54B $3.50B $3.58B $3.52B
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $20.88M $-5.76M $-46.17M $-17.79M $27.57M $-56.23M $-38.81M
Depreciation & Amortization $68.87M $195.01M $128.17M $62.14M $62.57M $173.27M $113.96M
Stock-based Compensation $2.21M $6.26M $4.18M $2.40M $3.11M $8.75M $6.33M
Change in Receivables $13.29M $-28.93M $-23.38M $-9.13M $34.73M $-12.98M $-24.61M
Change in Inventory $-105.37M $-15.75M $37.76M $26.31M $-148.61M $213.47M $182.75M
Change in Payables $-18.24M $17.58M $39.50M $35.23M $-260.00K $-27.22M $3.14M
Operating Cash Flow $47.31M $262.80M $181.35M $55.63M $82.05M $39.93M $23.41M
Acquisitions - - - - - $6.01M $6.01M
Investing Cash Flow $-48.68M $-233.79M $-139.81M $-71.31M $-22.60M $-164.88M $-98.69M
Stock Repurchased - $32.58M $32.58M $32.58M - $28.98M $23.01M
Financing Cash Flow $-5.57M $-19.70M $-39.89M $17.20M $-64.50M $122.78M $72.97M
Net Change in Cash $-6.79M $9.25M $1.45M $1.57M $-4.63M $-1.87M $-2.25M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $482.06M - $1.42B -
Cost of Revenue $381.31M - $1.13B -
Gross Profit $100.75M - $288.83M -
Operating Expenses $68.12M - $215.87M -
Selling General & Admin $54.86M - $173.48M -
Operating Income $32.63M - $72.97M -
Interest Expense - - $104.11M -
Other Income/Expense $874.00K - $3.26M -
Income Before Tax $-6.74M - $-43.14M -
Income Tax Expense $-988.00K - $8.79M -
Net Income $-5.76M $-24.48M $-51.93M -
Basic EPS -0.03 - -0.23 -
Diluted EPS -0.03 - -0.23 -
Basic Shares Outstanding $226.56M - $227.10M -
Diluted Shares Outstanding $226.56M - $227.10M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $13.06M $3.81M
Accounts Receivable $182.22M $215.87M
Inventory $1.04B $1.05B
Other Current Assets $19.76M $23.56M
Total Current Assets $1.26B $1.30B
Goodwill $705.05M $704.81M
Intangible Assets $232.33M $252.39M
Other Non-current Assets $12.87M $16.05M
Total Assets $3.54B $3.50B
Accounts Payable $107.09M $88.49M
Accrued Liabilities $91.59M $69.35M
Deferred Revenue $27.47M $26.25M
Total Current Liabilities $989.49M $1.00B
Long-term Debt $1.63B $1.52B
Deferred Tax Liabilities $38.57M $31.40M
Common Stock $25.00K $25.00K
Retained Earnings $-638.46M $-586.53M
Total Stockholders Equity $784.68M $861.31M
Total Liabilities & Equity $3.54B $3.50B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-5.76M $-24.48M $-51.93M -
Depreciation & Amortization - - $195.01M -
Stock-based Compensation - - $6.26M -
Change in Receivables - - $-28.93M -
Change in Inventory - - $-15.75M -
Change in Payables - - $17.58M -
Operating Cash Flow - - $262.80M -
Acquisitions - - - -
Investing Cash Flow - - $-233.79M -
Stock Repurchased - - $32.58M -
Financing Cash Flow - - $-19.70M -
Net Change in Cash - - $9.25M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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