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- Securities Litigation (new) — Securities class action filed July 23, 2026 alleging IPO registration statement contained false/misleading disclosures about related-party transactions; Company states claims are without merit.
- Related Party (new) — Related-party receivables doubled from $20M to $40M between Dec 2025 and Jun 2026; extensive related-party transactions disclosed throughout notes, central to the securities litigation.
EquipmentShare Q2 2026: $19M net income on 26% revenue growth; securities suit filed over IPO disclosures
Filed August 13, 2026 · Period ending June 30, 2026 · ~2 min read
Key Changes
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Securities class action filed July 23, 2026 alleging IPO registration statement contained false/misleading disclosures about related-party transactions; Company states claims are without merit.
Notes: Legal Proceedings verify on EDGAR → -
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Q2 2026 net income $19M on revenue of $1.4B (+26% YoY); H1 2026 net loss $10M on revenue of $2.4B (+31% YoY). Equipment rental revenue grew 40% to $1.5B for the half, now 61% of total revenue.
Notes: Financial Performance verify on EDGAR → -
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OWN Program payouts rose 38% to $451M in H1 2026, representing ~7.0% cost of capital vs 7.2% for traditional debt. Program has added $3.7B in equipment under management since 2024, reducing capital intensity.
MD&A: OWN Program verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 13, 2026 · How we verify