WillScot Holdings Corporation (WSC) 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 | 548.63M | 565.97M | 566.84M | 589.08M | 559.55M | 602.51M | 601.43M | 604.59M | 587.18M | 612.38M | 604.83M | 582.09M | 565.47M | 510.28M | 578.01M | 522.89M | 451.17M | 517.92M | 461.05M | 461.1M |
| Revenue Growth % | -1.95% | -6.07% | -5.75% | -2.56% | -4.71% | -1.61% | -0.56% | 3.87% | 3.84% | 20.01% | 4.64% | 11.32% | 25.33% | -1.47% | 25.37% | 13.4% | 6.08% | 18.34% | 10.48% | 79.51% |
| Cost of Goods Sold | 262.95M | 304.74M | 310.34M | 293.01M | 259.19M | 266.17M | 279.95M | 277.47M | 270.29M | 269.2M | 265.14M | 254.22M | 242.34M | 233.42M | 280.12M | 247.68M | 217.11M | 239.45M | 221.82M | 238.29M |
| COGS % of Revenue | 47.93% | 53.84% | 54.75% | 49.74% | 46.32% | 44.18% | 46.55% | 45.89% | 46.03% | 43.96% | 43.84% | 43.67% | 42.86% | 45.74% | 48.46% | 47.37% | 48.12% | 46.23% | 48.11% | 51.68% |
| Gross Profit | 285.68M | 261.23M | 256.5M | 296.07M | 300.37M | 336.35M | 321.48M | 327.12M | 316.89M | 343.18M | 339.69M | 327.87M | 323.13M | 276.87M | 297.88M | 275.21M | 234.06M | 278.47M | 239.23M | 222.81M |
| Gross Margin % | 52.07% | 46.16% | 45.25% | 50.26% | 53.68% | 55.82% | 53.45% | 54.11% | 53.97% | 56.04% | 56.16% | 56.33% | 57.14% | 54.26% | 51.54% | 52.63% | 51.88% | 53.77% | 51.89% | 48.32% |
| Gross Profit Growth % | -4.89% | -22.33% | -20.21% | -9.49% | -5.21% | -1.99% | -5.36% | -0.23% | -1.93% | 23.95% | 14.04% | 19.13% | 38.05% | -0.58% | 24.52% | 23.52% | 9.69% | 18.87% | 14.15% | 102.62% |
| Operating Expenses | 177.76M | 141.71M | 137.7M | 169.17M | 180.93M | 161.93M | 356.7M | 332.35M | 186.94M | 166M | 161.59M | 161.33M | 171.48M | 135.01M | 153.41M | 161.11M | 152.36M | 161.04M | 147.86M | 152.19M |
| OpEx % of Revenue | 32.4% | 25.04% | 24.29% | 28.72% | 32.34% | 26.88% | 59.31% | 54.97% | 31.84% | 27.11% | 26.72% | 27.72% | 30.33% | 26.46% | 26.54% | 30.81% | 33.77% | 31.09% | 32.07% | 33.01% |
| Selling, General & Admin | 154.01M | 141.71M | 137.7M | 145.02M | 157.15M | 137.66M | 150.87M | 180.79M | 168.31M | 146.41M | 151.98M | 146.81M | 150.87M | 121.89M | 140.12M | 150.13M | 138.14M | 139.15M | 127.35M | 122.39M |
| SG&A % of Revenue | 28.07% | 25.04% | 24.29% | 24.62% | 28.08% | 22.85% | 25.08% | 29.9% | 28.66% | 23.91% | 25.13% | 25.22% | 26.68% | 23.89% | 24.24% | 28.71% | 30.62% | 26.87% | 27.62% | 26.54% |
| 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 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 108.23M | 119.52M | 118.81M | 126.9M | 119.43M | 174.42M | -35.22M | -5.23M | 129.95M | 177.17M | 178.1M | 166.54M | 151.65M | 141.85M | 144.47M | 114.1M | 81.7M | 117.43M | 91.36M | 70.61M |
| Operating Margin % | 19.73% | 21.12% | 20.96% | 21.54% | 21.34% | 28.95% | -5.86% | -0.87% | 22.13% | 28.93% | 29.45% | 28.61% | 26.82% | 27.8% | 25% | 21.82% | 18.11% | 22.67% | 19.82% | 15.31% |
| Operating Income Growth % | -9.38% | -31.47% | 437.34% | 2525.46% | -8.09% | -1.55% | -119.77% | -103.14% | -14.31% | 24.9% | 23.27% | 45.96% | 85.61% | 20.8% | 58.13% | 61.58% | 8.52% | 28.67% | 265.27% | 71.95% |
| EBITDA | 200.67M | 231.76M | 143.23M | 239.53M | 216.53M | 273.5M | 64.1M | 88.51M | 222.77M | 272.9M | 262.9M | 248.34M | 227.98M | 227.99M | 233.79M | 200.33M | 163.52M | 200.09M | 166.42M | 156.24M |
| EBITDA Margin % | 36.58% | 40.95% | 25.27% | 40.66% | 38.7% | 45.39% | 10.66% | 14.64% | 37.94% | 44.56% | 43.47% | 42.66% | 40.32% | 44.68% | 40.45% | 38.31% | 36.24% | 38.63% | 36.1% | 33.88% |
| EBITDA Growth % | -7.32% | -15.26% | 123.44% | 170.61% | -2.8% | 0.22% | -75.62% | -64.36% | -2.28% | 19.7% | 12.45% | 23.96% | 39.42% | 13.94% | 40.49% | 28.22% | 8.91% | 19.97% | 70.65% | 73.18% |
| D&A (Non-Cash Add-back) | 92.43M | 112.24M | 24.42M | 112.63M | 97.09M | 99.08M | 99.32M | 93.75M | 92.83M | 95.73M | 84.8M | 81.8M | 76.33M | 86.14M | 89.32M | 86.23M | 81.82M | 82.67M | 75.06M | 85.63M |
| EBIT | 108.23M | -205.23M | 118.81M | 126.9M | 119.43M | 174.42M | -35.22M | -5.23M | 129.95M | 177.17M | 178.1M | 166.54M | 151.65M | 141.85M | 144.47M | 114.1M | 81.7M | 117.43M | 91.36M | 68.41M |
| Net Interest Income | -53.61M | -39.42M | -58.47M | -61.43M | -58.47M | -59.35M | -55.82M | -55.55M | -56.59M | -59.13M | -53.8M | -47.25M | -44.87M | -43.92M | -38.01M | -33.15M | -30.57M | -29.61M | -29.01M | -29.21M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 53.61M | 39.42M | 58.47M | 61.43M | 58.47M | 59.35M | 55.82M | 55.55M | 56.59M | 59.13M | 53.8M | 47.25M | 44.87M | 43.92M | 38.01M | 33.15M | 30.57M | 29.61M | 29.01M | 29.21M |
| Other Income/Expense | -65.18M | -364.17M | -58.47M | -58.98M | -58.47M | -59.35M | -55.82M | -55.55M | -56.59M | -59.13M | -53.8M | -47.25M | -44.87M | -43.92M | -38.01M | -33.15M | -30.57M | -29.61M | -29.01M | -31.42M |
| Pretax Income | 43.06M | -244.65M | 60.34M | 67.92M | 60.97M | 115.07M | -91.04M | -60.78M | 73.36M | 118.05M | 124.3M | 119.29M | 106.78M | 97.94M | 106.46M | 80.95M | 51.13M | 87.82M | 62.36M | 39.2M |
| Pretax Margin % | 7.85% | -43.23% | 10.64% | 11.53% | 10.9% | 19.1% | -15.14% | -10.05% | 12.49% | 19.28% | 20.55% | 20.49% | 18.88% | 19.19% | 18.42% | 15.48% | 11.33% | 16.96% | 13.52% | 8.5% |
| Income Tax | 14.93M | -57.33M | 17.01M | 19.98M | 17.91M | 25.85M | -20.57M | -13.93M | 17.12M | 31.72M | 32.78M | 31.57M | 30.51M | 21.7M | 28.29M | 20.85M | 12.08M | 13.59M | 5.24M | 18.83M |
| Effective Tax Rate % | 34.68% | 23.43% | 28.19% | 29.42% | 29.38% | 22.47% | 22.59% | 22.92% | 23.33% | 26.87% | 26.37% | 26.46% | 28.57% | 22.15% | 26.57% | 25.76% | 23.63% | 15.48% | 8.41% | 48.03% |
| Net Income | 28.12M | -187.32M | 43.33M | 47.94M | 43.05M | 89.22M | -70.47M | -46.85M | 56.24M | 86.33M | 91.52M | 87.73M | 210.88M | 86.4M | 128.59M | 73.38M | 51.17M | 74.22M | 61.1M | 20.37M |
| Net Margin % | 5.13% | -33.1% | 7.64% | 8.14% | 7.69% | 14.81% | -11.72% | -7.75% | 9.58% | 14.1% | 15.13% | 15.07% | 37.29% | 16.93% | 22.25% | 14.03% | 11.34% | 14.33% | 13.25% | 4.42% |
| Net Income Growth % | -34.68% | -309.96% | 161.49% | 202.32% | -23.44% | 3.34% | -177.01% | -153.4% | -73.33% | -0.08% | -28.83% | 19.56% | 312.12% | 16.41% | 110.45% | 260.2% | 1050.69% | 59.73% | 1109.8% | 231.66% |
| Net Income (Continuing) | 28.12M | -187.32M | 43.33M | 47.94M | 43.05M | 89.22M | -70.47M | -46.85M | 56.24M | 86.33M | 91.52M | 87.73M | 76.27M | 76.24M | 78.18M | 60.1M | 39.05M | 74.22M | 57.11M | 20.37M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 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) | 0.15 | -1.03 | 0.24 | 0.26 | 0.23 | 0.48 | -0.37 | -0.25 | 0.29 | 0.44 | 0.46 | 0.43 | 0.36 | 0.40 | 0.39 | 0.32 | 0.22 | 0.32 | 0.26 | 0.08 |
| EPS Growth % | -34.78% | -314.58% | 164.86% | 204% | -20.69% | 9.09% | -180.43% | -158.14% | -19.44% | 10% | 17.95% | 34.38% | 63.64% | 25% | 50% | 300% | 1000% | 60% | 262.62% | -20% |
| EPS (Basic) | 0.16 | -1.03 | 0.24 | 0.26 | 0.23 | 0.48 | -0.37 | -0.25 | 0.30 | 0.45 | 0.47 | 0.44 | 0.37 | 0.41 | 0.40 | 0.33 | 0.23 | 0.33 | 0.27 | 0.09 |
| Diluted Shares Outstanding | 181.46M | 181.45M | 182.77M | 183.44M | 185.3M | 186.21M | 188.28M | 189.68M | 193.07M | 194.1M | 199.26M | 204.33M | 209.66M | 213.87M | 217.93M | 227.48M | 228.96M | 229.97M | 231.87M | 236.54M |
| Basic Shares Outstanding | 180.99M | 181.45M | 182M | 182.47M | 183.68M | 184.35M | 188.28M | 189.68M | 190.14M | 191.17M | 196.2M | 200.95M | 206.09M | 209.37M | 213.64M | 223.38M | 223.49M | 223.44M | 226M | 228.41M |
| Dividend Payout Ratio | 45.29% | - | 29.39% | 26.6% | 29.92% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |