Herc Holdings Inc. (HRI) 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 | 1.14B | 1.21B | 1.3B | 1B | 861M | 951M | 965M | 848M | 804M | 832M | 908M | 802M | 740M | 787M | 745M | 640M | 568M | 578M | 550.4M | 490.9M |
| Revenue Growth % | 32.29% | 27.13% | 35.13% | 18.16% | 7.09% | 14.3% | 6.28% | 5.74% | 8.65% | 5.72% | 21.88% | 25.31% | 30.28% | 36.16% | 35.36% | 30.37% | 25.17% | 11.07% | 20.52% | 33.4% |
| Cost of Goods Sold | 813M | 882M | 929M | 670M | 583M | 577M | 580M | 542M | 519M | 508M | 561M | 506M | 484M | 469M | 440M | 397M | 369M | 354.2M | 334.5M | 333.7M |
| COGS % of Revenue | 71.38% | 72.95% | 71.24% | 66.87% | 67.71% | 60.67% | 60.1% | 63.92% | 64.55% | 61.06% | 61.78% | 63.09% | 65.41% | 59.59% | 59.06% | 62.03% | 64.96% | 61.28% | 60.77% | 67.98% |
| Gross Profit | 326M | 327M | 375M | 332M | 278M | 374M | 385M | 306M | 285M | 324M | 347M | 296M | 256M | 318M | 305M | 243M | 199M | 223.8M | 215.9M | 157.2M |
| Gross Margin % | 28.62% | 27.05% | 28.76% | 33.13% | 32.29% | 39.33% | 39.9% | 36.08% | 35.45% | 38.94% | 38.22% | 36.91% | 34.59% | 40.41% | 40.94% | 37.97% | 35.04% | 38.72% | 39.23% | 32.02% |
| Gross Profit Growth % | 17.27% | -12.57% | -2.6% | 8.5% | -2.46% | 15.43% | 10.95% | 3.38% | 11.33% | 1.89% | 13.77% | 21.81% | 28.64% | 42.09% | 41.27% | 54.58% | 55.71% | 56.39% | 60.28% | 80.28% |
| Operating Expenses | 151M | 153M | 166M | 127M | 118M | 122M | 123M | 117M | 112M | 116M | 115M | 111M | 106M | 113M | 112M | 97M | 89M | 89.8M | 81.5M | 74M |
| OpEx % of Revenue | 13.26% | 12.66% | 12.73% | 12.67% | 13.71% | 12.83% | 12.75% | 13.8% | 13.93% | 13.94% | 12.67% | 13.84% | 14.32% | 14.36% | 15.03% | 15.16% | 15.67% | 15.54% | 14.81% | 15.07% |
| Selling, General & Admin | 146M | 153M | 166M | 127M | 118M | 122M | 123M | 117M | 112M | 116M | 115M | 111M | 106M | 113M | 112M | 97M | 89M | 89.8M | 81.5M | 74M |
| SG&A % of Revenue | 12.82% | 12.66% | 12.73% | 12.67% | 13.71% | 12.83% | 12.75% | 13.8% | 13.93% | 13.94% | 12.67% | 13.84% | 14.32% | 14.36% | 15.03% | 15.16% | 15.67% | 15.54% | 14.81% | 15.07% |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 175M | 174M | 209M | 205M | 160M | 252M | 262M | 189M | 173M | 208M | 232M | 185M | 150M | 205M | 193M | 146M | 110M | 134M | 134.4M | 83.2M |
| Operating Margin % | 15.36% | 14.39% | 16.03% | 20.46% | 18.58% | 26.5% | 27.15% | 22.29% | 21.52% | 25% | 25.55% | 23.07% | 20.27% | 26.05% | 25.91% | 22.81% | 19.37% | 23.18% | 24.42% | 16.95% |
| Operating Income Growth % | 9.38% | -30.95% | -20.23% | 8.47% | -7.51% | 21.15% | 12.93% | 2.16% | 15.33% | 1.46% | 20.21% | 26.71% | 36.36% | 52.99% | 43.6% | 75.48% | 76.57% | 82.81% | 82.36% | 173.68% |
| EBITDA | 248M | 493M | 279M | 250M | 193M | 287M | 295M | 219M | 202M | 237M | 261M | 213M | 176M | 231M | 218M | 169M | 131M | 153.1M | 151.5M | 99.2M |
| EBITDA Margin % | 21.77% | 40.78% | 21.4% | 24.95% | 22.42% | 30.18% | 30.57% | 25.83% | 25.12% | 28.49% | 28.74% | 26.56% | 23.78% | 29.35% | 29.26% | 26.41% | 23.06% | 26.49% | 27.53% | 20.21% |
| EBITDA Growth % | 28.5% | 71.78% | -5.42% | 14.16% | -4.46% | 21.1% | 13.03% | 2.82% | 14.77% | 2.6% | 19.72% | 26.04% | 34.35% | 50.88% | 43.89% | 70.36% | 67.73% | 72.41% | 69.84% | 115.18% |
| D&A (Non-Cash Add-back) | 73M | 319M | 70M | 45M | 33M | 35M | 33M | 30M | 29M | 29M | 29M | 28M | 26M | 26M | 25M | 23M | 21M | 19.1M | 17.1M | 16M |
| EBIT | 105M | 174M | 172M | 160M | 127M | 217M | 229M | 159M | 144M | 179M | 203M | 157M | 124M | 179M | 168M | 123M | 89M | 114.8M | 117.4M | 83.2M |
| Net Interest Income | -128M | -134M | -134M | -86M | -62M | -67M | -69M | -63M | -61M | -62M | -60M | -54M | -48M | -41.3M | -33M | -25M | -23M | -22.5M | -21.4M | -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 | 128M | 134M | 134M | 86M | 62M | 67M | 69M | 63M | 61M | 62M | 60M | 54M | 48M | 41.3M | 33M | 25M | 23M | 22.5M | 21.4M | 21M |
| Other Income/Expense | -198M | -157M | -171M | -251M | -168M | -295M | -102M | -96M | -92M | -85M | -86M | -82M | -75M | -71M | -58M | -48M | -43M | -42.6M | -38.3M | -21.4M |
| Pretax Income | -23M | 17M | 38M | -46M | -8M | -43M | 160M | 93M | 81M | 123M | 146M | 103M | 75M | 134M | 135M | 98M | 67M | 91.4M | 96.1M | 61.8M |
| Pretax Margin % | -2.02% | 1.41% | 2.91% | -4.59% | -0.93% | -4.52% | 16.58% | 10.97% | 10.07% | 14.78% | 16.08% | 12.84% | 10.14% | 17.03% | 18.12% | 15.31% | 11.8% | 15.81% | 17.46% | 12.59% |
| Income Tax | 1M | -7M | 8M | -11M | 10M | 3M | 38M | 23M | 16M | 32M | 33M | 27M | 8M | 36M | 34M | 25M | 9M | 19.6M | 23.8M | 14.7M |
| Effective Tax Rate % | -4.35% | -41.18% | 21.05% | 23.91% | -125% | -6.98% | 23.75% | 24.73% | 19.75% | 26.02% | 22.6% | 26.21% | 10.67% | 26.87% | 25.19% | 25.51% | 13.43% | 21.44% | 24.77% | 23.79% |
| Net Income | -24M | 24M | 30M | -35M | -18M | -46M | 122M | 70M | 65M | 91M | 113M | 76M | 67M | 98M | 101M | 73M | 58M | 71.8M | 72.3M | 47.1M |
| Net Margin % | -2.11% | 1.99% | 2.3% | -3.49% | -2.09% | -4.84% | 12.64% | 8.25% | 8.08% | 10.94% | 12.44% | 9.48% | 9.05% | 12.45% | 13.56% | 11.41% | 10.21% | 12.42% | 13.14% | 9.59% |
| Net Income Growth % | -33.33% | 152.17% | -75.41% | -150% | -127.69% | -150.55% | 7.96% | -7.89% | -2.99% | -7.14% | 11.88% | 4.11% | 15.52% | 36.49% | 39.7% | 54.99% | 76.29% | 102.25% | 81.2% | 2255% |
| Net Income (Continuing) | -24M | 24M | 30M | -35M | -18M | -46M | 122M | 70M | 65M | 91M | 113M | 76M | 67M | 98M | 101M | 73M | 58M | 71.8M | 72.3M | 47.1M |
| 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) | -0.72 | 0.72 | 0.90 | -1.17 | -0.63 | -1.61 | 4.28 | 2.46 | 2.29 | 3.20 | 3.96 | 2.66 | 2.28 | 3.27 | 3.36 | 2.38 | 1.92 | 2.36 | 2.37 | 1.55 |
| EPS Growth % | -14.29% | 144.72% | -78.97% | -147.56% | -127.51% | -150.31% | 8.08% | -7.52% | 0.44% | -2.14% | 17.86% | 11.76% | 18.75% | 38.56% | 41.77% | 53.55% | 76.15% | 98.32% | 75.56% | 2114.29% |
| EPS (Basic) | -0.72 | 0.72 | 0.90 | -1.17 | -0.63 | -1.62 | 4.30 | 2.46 | 2.30 | 3.23 | 3.99 | 2.68 | 2.31 | 3.33 | 3.41 | 2.42 | 1.96 | 2.42 | 2.44 | 1.59 |
| Diluted Shares Outstanding | 33.3M | 33.4M | 33.3M | 30M | 28.5M | 28.5M | 28.5M | 28.5M | 28.4M | 28.4M | 28.5M | 28.6M | 29.4M | 29.9M | 30.2M | 30.3M | 30.4M | 30.4M | 30.5M | 30.4M |
| Basic Shares Outstanding | 33.3M | 33.3M | 33.2M | 30M | 28.5M | 28.4M | 28.4M | 28.4M | 28.3M | 28.2M | 28.3M | 28.4M | 29M | 29.4M | 29.7M | 29.8M | 29.8M | 29.7M | 29.6M | 29.6M |
| Dividend Payout Ratio | - | 95.83% | 76.67% | - | - | - | 15.57% | 27.14% | 30.77% | 18.68% | 15.93% | 23.68% | 29.85% | 16.94% | 16.83% | 23.56% | 29.31% | 20.61% | - | - |