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Get filing alertsWillScot reports Q2 revenue of $612M, raises 2026 guidance to $2.3B revenue and $920M EBITDA
Filed August 6, 2026 · Period ending August 6, 2026 · ~1 min read
Key Changes
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Q2 2026 revenue of $612M and Adjusted EBITDA of $228M (37.2% margin) exceeded prior outlook; adjusted diluted EPS of $0.28.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Raised full-year 2026 guidance to $2.3B revenue and $920M Adjusted EBITDA; increased Net CAPEX outlook to $375M to support large project demand.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Leasing and services revenue grew 6.2% year-over-year to $586M; leasing revenue up 1.5% (return to growth earlier than expected), delivery/installation revenue up 25.3% on large project activity.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Generated $162M operating cash flow and $55M Adjusted Free Cash Flow; invested $114M in Net CAPEX for rental equipment and refurbishments.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Reduced total debt by $27M to $3,495M; Net Debt to Adjusted EBITDA at 3.7x with no maturities until August 2028 and $1.5B ABL availability.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
Summary
WillScot reported second quarter 2026 results that exceeded its prior outlook and raised full-year guidance, signaling stronger-than-expected demand in its modular space and portable storage business. Revenue of $612 million and Adjusted EBITDA of $228 million (37.2% margin) drove the upward revision to $2.3 billion revenue and $920 million Adjusted EBITDA for the full year. Leasing revenue returned to year-over-year growth earlier than the company anticipated, up 1.5%, while delivery and installation revenue surged 25.3% on large project activity and a significant event project.
The raised guidance comes with increased capital deployment: WillScot lifted its Net CAPEX outlook to $375 million to purchase and refurbish fleet for high-demand product categories supporting projects activating in late 2026 and early 2027. The company generated $162 million in operating cash flow and reduced total debt by $27 million to $3,495 million, maintaining a 3.7x Net Debt to Adjusted EBITDA ratio with no maturities until August 2028. The combination of accelerating leasing growth, strong project pipeline, and disciplined leverage management supports the improved outlook.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
WillScot announced Q2 2026 financial results via press release; detailed figures not disclosed in the 8-K body.
Added in current filing · verify on EDGAR →
On August 6, 2026, WillScot Holdings Corporation issued a press release announcing financial results for the second quarter ended June 30, 2026
WillScot disclosed second quarter 2026 financial results through a press release attached as Exhibit 99.1. The 8-K body itself does not contain specific revenue, earnings, or operational metrics; those figures would be in the exhibit. This is a standard earnings disclosure filing under Item 2.02.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Generated revenue of $612 million, gross profit margin percentage of 50.0%, and net income of $47 million.
•Reported Adjusted Net Income of $52 million and Adjusted EBITDA of $228 million at a 37.2% margin.
•Reported diluted and Adjusted Diluted Earnings Per Share of $0.26 and $0.28, respectively.
WillScot reported second quarter 2026 revenue of $612 million and net income of $47 million. Adjusted EBITDA was $228 million at a 37.2% margin. Diluted earnings per share were $0.26, with adjusted diluted EPS of $0.28. These results exceeded the company's prior outlook.
Added in current filing · view on EDGAR →
Total debt was $3,495 million and net debt was $3,477 million, representing a $27 million reduction in our total debt balance in the quarter. We have no debt maturities until August 2028.
•Availability under our asset-based revolving credit facility ("ABL Facility") was approximately $1.5 billion.
• ... Net Debt to Adjusted EBITDA was at 3.7x based on our last 12 months Adjusted EBITDA of $932 million.
WillScot reduced total debt by $27 million in Q2 2026 to $3,495 million, with net debt of $3,477 million. The company has no debt maturities until August 2028 and approximately $1.5 billion available under its ABL Facility. Net Debt to Adjusted EBITDA stands at 3.7x based on trailing twelve-month Adjusted EBITDA of $932 million.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 7, 2026 · How we verify