Custom Truck One Source, Inc. (CTOS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 461.62M | 528.18M | 482.06M | 511.48M | 422.23M | 520.74M | 447.22M | 423.01M | 411.31M | 521.75M | 434.35M | 456.83M | 452.16M | 486.72M | 357.78M | 362.11M | 366.48M | 356.44M | 357.31M | 375.11M |
| Revenue Growth % | 9.33% | 1.43% | 7.79% | 20.91% | 2.66% | -0.19% | 2.96% | -7.4% | -9.04% | 7.2% | 21.4% | 26.16% | 23.38% | 36.55% | 0.13% | -3.47% | 368.05% | 328.13% | 415.89% | 447.76% |
| Cost of Goods Sold | 358.56M | 419.47M | 391.32M | 419.08M | 346.72M | 412.5M | 365.56M | 343.8M | 330.1M | 404.75M | 336.5M | 355.54M | 351.82M | 367.45M | 278.34M | 288.54M | 298.37M | 293.69M | 305.39M | 341.75M |
| COGS % of Revenue | 77.67% | 79.42% | 81.18% | 81.94% | 82.12% | 79.21% | 81.74% | 81.27% | 80.26% | 77.57% | 77.47% | 77.83% | 77.81% | 75.49% | 77.8% | 79.68% | 81.41% | 82.4% | 85.47% | 91.11% |
| Gross Profit | 103.06M | 108.71M | 90.74M | 92.4M | 75.52M | 108.24M | 81.66M | 79.22M | 81.21M | 117.01M | 97.86M | 101.29M | 100.34M | 119.27M | 79.44M | 73.57M | 68.11M | 62.75M | 51.92M | 33.36M |
| Gross Margin % | 22.33% | 20.58% | 18.82% | 18.06% | 17.89% | 20.79% | 18.26% | 18.73% | 19.74% | 22.43% | 22.53% | 22.17% | 22.19% | 24.51% | 22.2% | 20.32% | 18.59% | 17.6% | 14.53% | 8.89% |
| Gross Profit Growth % | 36.48% | 0.44% | 11.12% | 16.64% | -7.01% | -7.49% | -16.55% | -21.8% | -19.06% | -1.9% | 23.18% | 37.68% | 47.32% | 90.08% | 53.01% | 120.55% | 236.87% | 172.03% | 232.15% | 104.12% |
| Operating Expenses | 71.59M | 52.3M | 54.86M | 59.16M | 59.45M | 61.22M | 54.63M | 55.7M | 57.99M | 59.43M | 56.95M | 58.03M | 56.99M | 58.6M | 49.84M | 48.78M | 53.66M | 43.84M | 48.63M | 51.26M |
| OpEx % of Revenue | 15.51% | 9.9% | 11.38% | 11.57% | 14.08% | 11.76% | 12.22% | 13.17% | 14.1% | 11.39% | 13.11% | 12.7% | 12.6% | 12.04% | 13.93% | 13.47% | 14.64% | 12.3% | 13.61% | 13.67% |
| Selling, General & Admin | 57.63M | 56.6K | 54.86M | 59.16M | 59.45M | 61.22M | 54.63M | 55.7M | 57.99M | 59.43M | 56.95M | 58.03M | 56.99M | 58.6M | 49.84M | 48.78M | 53.66M | 43.84M | 48.63M | 51.26M |
| SG&A % of Revenue | 12.48% | 0.01% | 11.38% | 11.57% | 14.08% | 11.76% | 12.22% | 13.17% | 14.1% | 11.39% | 13.11% | 12.7% | 12.6% | 12.04% | 13.93% | 13.47% | 14.64% | 12.3% | 13.61% | 13.67% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 31.47M | 56.41M | 35.88M | 33.23M | 16.07M | 47.02M | 27.03M | 23.52M | 23.22M | 57.58M | 40.9M | 43.26M | 43.35M | 60.67M | 29.61M | 24.79M | 14.46M | 18.91M | 3.29M | -17.91M |
| Operating Margin % | 6.82% | 10.68% | 7.44% | 6.5% | 3.8% | 9.03% | 6.04% | 5.56% | 5.64% | 11.04% | 9.42% | 9.47% | 9.59% | 12.47% | 8.27% | 6.85% | 3.94% | 5.3% | 0.92% | -4.77% |
| Operating Income Growth % | 95.89% | 19.98% | 32.72% | 41.31% | -30.8% | -18.34% | -33.91% | -45.64% | -46.44% | -5.1% | 38.16% | 74.51% | 199.86% | 220.92% | 799.03% | 238.45% | 62.79% | 535.71% | -33.6% | -810.84% |
| EBITDA | 41.55M | 125.28M | 106.05M | 102.5M | 81.54M | 109.58M | 89.82M | 84.68M | 82.3M | 114.49M | 95.45M | 98.7M | 95.44M | 113.04M | 83.61M | 79.41M | 76.96M | 82.01M | 70.1M | 38.6M |
| EBITDA Margin % | 9% | 23.72% | 22% | 20.04% | 19.31% | 21.04% | 20.08% | 20.02% | 20.01% | 21.94% | 21.98% | 21.61% | 21.11% | 23.22% | 23.37% | 21.93% | 21% | 23.01% | 19.62% | 10.29% |
| EBITDA Growth % | -49.05% | 14.32% | 18.07% | 21.05% | -0.92% | -4.28% | -5.91% | -14.21% | -13.77% | 1.28% | 14.17% | 24.3% | 24.02% | 37.83% | 19.27% | 105.7% | 177.86% | 1613.22% | 175.53% | 690.92% |
| D&A (Non-Cash Add-back) | 10.08M | 68.87M | 70.17M | 69.26M | 65.48M | 62.57M | 62.78M | 61.16M | 59.08M | 56.91M | 54.55M | 55.44M | 52.09M | 52.36M | 54M | 54.62M | 62.5M | 63.11M | 66.8M | 56.51M |
| EBIT | 31.47M | 56.41M | 33.5M | 29.3M | 13.42M | 69.44M | 25.86M | 20.99M | 21.63M | 57.17M | 43.76M | 44.62M | 43.84M | 58.07M | 24.85M | 33.82M | 18.89M | 9.41M | -1.67M | -103.07M |
| Net Interest Income | -35.04M | -38.26M | -40.25M | -38.83M | -38.91M | -40.76M | -41.06M | -39.08M | -34.65M | -32.67M | -28.4M | -26.58M | -29.18M | -20.16M | -21.14M | -5.2M | -10.08M | -19.17M | -15.39M | -17.66M |
| Interest Income | 0 | 0 | 0 | 1.37M | 0 | 2.16M | 2.82M | 3.32M | 3.26M | 3.7M | 5.75M | 5.05M | 0 | 6.42M | 1.75M | 15.08M | 9.08M | 0 | 3.66M | 2.06M |
| Interest Expense | 35.04M | 38.26M | 40.25M | 40.2M | 38.91M | 42.91M | 43.88M | 42.4M | 37.91M | 36.37M | 34.14M | 31.63M | 29.18M | 26.58M | 22.89M | 20.28M | 19.16M | 19.17M | 19.05M | 19.72M |
| Other Income/Expense | -35.27M | -41.4M | -42.62M | -44.14M | -41.56M | -20.49M | -45.05M | -44.93M | -39.5M | -36.77M | -31.29M | -30.27M | -28.68M | -29.18M | -27.64M | -11.25M | -14.72M | -28.66M | -24M | -104.89M |
| Pretax Income | -3.81M | 15.01M | -6.74M | -10.9M | -25.49M | 26.52M | -18.02M | -21.41M | -16.28M | 20.8M | 9.61M | 13M | 14.66M | 31.49M | 1.97M | 13.54M | -268K | -9.76M | -20.71M | -122.79M |
| Pretax Margin % | -0.82% | 2.84% | -1.4% | -2.13% | -6.04% | 5.09% | -4.03% | -5.06% | -3.96% | 3.99% | 2.21% | 2.85% | 3.24% | 6.47% | 0.55% | 3.74% | -0.07% | -2.74% | -5.8% | -32.73% |
| Income Tax | 297K | -5.87M | -988K | 17.48M | -7.7M | -1.05M | -604K | 3.07M | -1.95M | 4.68M | 432K | 1.39M | 863K | 554K | 4.35M | -81K | 3M | -6.04M | -186K | 6.56M |
| Effective Tax Rate % | -7.81% | -39.09% | 14.65% | -160.32% | 30.21% | -3.96% | 3.35% | -14.34% | 11.96% | 22.5% | 4.49% | 10.68% | 5.89% | 1.76% | 221.1% | -0.6% | -1121.27% | 61.94% | 0.9% | -5.35% |
| Net Income | -4.1M | 20.88M | -5.76M | -28.38M | -17.79M | 27.57M | -17.42M | -24.48M | -14.34M | 16.12M | 9.18M | 11.61M | 13.8M | 30.94M | -2.38M | 13.62M | -3.27M | -3.71M | -20.52M | -129.36M |
| Net Margin % | -0.89% | 3.95% | -1.19% | -5.55% | -4.21% | 5.3% | -3.89% | -5.79% | -3.49% | 3.09% | 2.11% | 2.54% | 3.05% | 6.36% | -0.67% | 3.76% | -0.89% | -1.04% | -5.74% | -34.48% |
| Net Income Growth % | 76.94% | -24.29% | 66.95% | -15.94% | -24.11% | 71.03% | -289.72% | -310.84% | -203.88% | -47.89% | 485.39% | -14.78% | 521.63% | 933.21% | 88.39% | 110.53% | 88.27% | 49.35% | -235.27% | -883.7% |
| Net Income (Continuing) | -4.1M | 20.88M | -5.76M | -28.38M | -17.79M | 27.57M | -17.42M | -24.48M | -14.34M | 16.12M | 9.18M | 11.61M | 13.8M | 30.94M | -2.38M | 13.62M | -3.27M | -3.71M | -20.52M | -129.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02 | 0.09 | -0.03 | -0.13 | -0.08 | 0.12 | -0.07 | -0.10 | -0.06 | 0.07 | 0.04 | 0.05 | 0.06 | 0.12 | -0.01 | 0.05 | -0.01 | -0.02 | -0.08 | -0.53 |
| EPS Growth % | 74.33% | -21.88% | 65.81% | -30% | -30.7% | 76.23% | -299.73% | -312.77% | -206.62% | -44.25% | - | -14.23% | 523.48% | 700% | 88.57% | 110.34% | 97.68% | 86.67% | -127.1% | -96.3% |
| EPS (Basic) | -0.02 | 0.09 | -0.03 | -0.13 | -0.08 | 0.12 | -0.07 | -0.10 | -0.06 | 0.07 | 0.04 | 0.05 | 0.06 | 0.12 | -0.01 | 0.06 | -0.01 | -0.02 | -0.08 | -0.53 |
| Diluted Shares Outstanding | 226.63M | 226.56M | 226.56M | 226.48M | 228.28M | 233.79M | 234.44M | 239.73M | 240.36M | 241.01M | 246.59M | 246.96M | 247.05M | 248.31M | 247.7M | 248.61M | 247.06M | 185.65M | 244.29M | 243.75M |
| Basic Shares Outstanding | 226.63M | 226.56M | 226.56M | 226.48M | 228.28M | 233.79M | 234.44M | 239.73M | 240.36M | 241.01M | 245.81M | 246.13M | 246.05M | 248.31M | 238.2M | 247.75M | 247.06M | 185.65M | 244.29M | 243.75M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |