NASDAQ$WSC

WillScot Mobile Mini Holdings Corp. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

WillScot reported Q4 2025, revenue of $566M, net loss of $187M, diluted EPS of $-1.03.

For Q4 2025, WillScot reported revenue of $566M, a net loss of $187M, diluted EPS was $-1.03, adjusted diluted EPS was $0.29. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $566M.
  • Net loss $187M.
  • Diluted EPS $-1.03.
  • Adjusted diluted EPS $0.29.

Headline financials

Total Revenue

$566M

Previous: $603M-6.1%
EPS (adj)

$0.29

Previous: $0.49-40.8%
Gross profit margin

50.4%

Previous: 55.8%-9.7%
Adjusted EBITDA

$250M

Previous: $285M-12.2%
Adjusted EBITDA Margin

44.2%

Previous: 47.3%-6.6%
Net cash from operations

$159M

Previous: $179M-11.2%
Adjusted Free Cash Flow Margin

16.2%

Previous: 22.7%-28.6%
Return on Invested Capital

15.8%

Previous: 18.3%-13.7%
Net CAPEX

-$67.4M

Previous: -$55.4M-21.8%
Net Debt to Adjusted EBITDA

3.7

No prior period
Net cash from operations margin

28.1%

Previous: 29.7%-5.4%
Net Income

-$187M

Previous: $89.2M-309.6%
Operating Income

-$184M

Previous: $174M-205.3%
Gross Profit

$286M

Previous: $336M-15.1%

Revenue & EPS history

WillScot Mobile Mini · Revenue · Quarterly

$566M

Q4 2025-6.1%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

WillScot Mobile Mini · $605M total across 4 segments · Q3 2023

  • Modular space leasing
    $467M+4.3%
  • Delivery and installation
    $116M-13.0%
  • Rental unit sales
    $12.3M-11.4%
  • New unit sales
    $10.2M+2.6%

Forward guidance

The release discusses WillScot's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • WillScot cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q4 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.3%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-0.6%

Avg return

30 days after

43%

17 / 40 earnings

Positive

+10.4%

Q2 2020

Best reaction

-15.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+11.2%+12.5%
Q4 2025+3.0%-1.1%-23.0%
Q3 2025-1.4%-5.6%-10.9%
Q1 2025+6.5%+3.4%+5.2%
Q4 2024-8.8%-12.1%-23.1%
Q3 2024-15.4%-5.9%-2.4%
Q2 2024-13.4%-15.4%-6.0%
Q1 2024+2.0%+7.0%+7.7%
Q4 2023-2.9%-3.7%-6.9%
Q3 2023-10.0%-9.7%+8.0%
Q2 2023-12.1%-11.8%-15.1%
Q1 2023+4.7%+4.8%+3.8%
Q4 2022-5.1%-3.1%-13.0%
Q3 2022+5.2%+6.9%+12.6%
Q2 2022+5.9%+7.0%+3.8%
Q1 2022+2.2%-0.3%+3.9%
Q4 2021+4.0%-4.1%+10.5%
Q3 2021+4.1%+8.7%+13.4%
Q2 2021+1.2%-0.7%+3.7%
Q1 2021-2.7%-5.2%-3.6%
Q4 2020+0.4%-1.5%-0.9%
Q3 2020+9.5%+14.3%+17.0%
Q2 2020+10.4%+10.7%+7.8%
Q1 2020-5.7%-7.5%+14.5%
Q4 2019-5.9%-16.5%-45.3%
Q3 2019-0.2%+1.3%+8.4%
Q2 2019-2.9%-11.7%-12.4%
Q1 2019+6.5%+1.5%+0.1%
Q4 2018+7.0%+5.3%+14.7%
Q3 2018+6.4%+1.2%-21.5%
Q2 2018-2.7%-1.5%+4.9%
Q1 2018-1.2%-0.8%-5.9%
Q2 2017-1.5%-1.1%-1.1%
Q3 2017+0.0%-1.0%+14.4%
Q1 2017+0.0%+0.5%+0.2%
Q2 2016+0.0%+0.5%+0.5%
Q4 2016+0.0%+0.5%+0.5%
Q3 2016-0.5%+0.0%+0.0%
Q4 2015+0.0%
Q3 2015-0.3%

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