NYSE$CTOS

Custom Truck One Source Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Custom Truck One Source reported Q1 2025 revenue of $422.2M, a net loss of $17.8M.

For Q1 2025, Custom Truck One Source reported Revenue was $422.2M, net loss was $17.8M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $422.2M for Q1 2025.
  • Net loss $17.8M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$422M

Previous: $411M+2.7%
EPS (adj)

-$0.08

Previous: -$0.06-33.3%
Adjusted EBITDA

$73.4M

Previous: $77.4M-5.1%
Fleet Utilization

77.7%

Previous: 73.3%+6.0%
Average OEC on Rent

$1.2B

Previous: $1.07B+12.8%
Ending OEC

$1.55B

Previous: $1.45B+6.6%
OEC on Rent Yield

38.5%

Previous: 40.5%-4.9%
Net Income

-$17.8M

Previous: -$14.3M-24.1%
Operating Income

$12.4M

Previous: $18.4M-32.5%
Gross Profit

$85.5M

Previous: $90.7M-5.7%

Revenue & EPS history

Custom Truck · Revenue · Quarterly

$422M

Q1 2025+2.7%vs Q1 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Custom Truck · $457M total across 3 segments · Q2 2023

  • Truck and Equipment Sales
    $251M
  • Equipment Rental Solutions
    $169M
  • Aftermarket Parts & Services
    $36.9M

Forward guidance

Outlook emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and balance-sheet flexibility.
  • Segment turnaround actions noted in MD&A.

Headwinds

  • Operating losses and macro demand uncertainty.
  • Financing or impairment risks.

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 Q1 2025

Historical avgQ1 2025

-3.3%

Avg return

Earnings day

-1.8%

Avg return

5 days after

+1.9%

Avg return

30 days after

36%

12 / 33 earnings

Positive

+20.1%

Q4 2024

Best reaction

-19.8%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%+15.6%+11.9%
Q4 2025-11.2%-8.3%+14.1%
Q3 2025-11.0%-12.6%-4.0%
Q1 2025-3.0%+2.7%+6.7%
Q4 2024+20.1%+18.2%-12.4%
Q3 2024+12.7%+13.2%+64.7%
Q2 2024-18.8%-22.0%-18.2%
Q1 2024-13.8%-16.3%-1.4%
Q4 2023-16.1%-14.1%-4.9%
Q3 2023-17.5%-18.0%-2.0%
Q2 2023+0.0%-1.2%-0.6%
Q1 2023+3.8%+2.2%+13.4%
Q4 2022+10.1%+5.3%+6.1%
Q3 2022-15.1%-10.6%+0.0%
Q2 2022+2.0%+11.8%+2.9%
Q1 2022-7.4%+1.2%-1.5%
Q4 2021+2.1%+4.5%-3.8%
Q3 2021+3.9%+5.5%-22.7%
Q2 2021-10.1%-14.9%+15.2%
Q1 2021-5.9%-8.6%-10.2%
Q4 2020+2.8%+9.0%+19.2%
Q3 2020+9.0%+13.3%+57.6%
Q2 2020-0.3%+7.1%+18.8%
Q1 2020-15.4%-17.1%-32.3%
Q4 2019-12.3%+11.8%-3.0%
Q3 2019-19.8%-31.5%-21.8%
Q2 2019+1.0%-4.5%-27.5%
Q1 2019+0.0%+0.1%-0.6%
Q4 2018+0.7%+0.7%+0.4%
Q3 2018+0.0%+0.0%+0.0%
Q2 2018+0.0%+0.0%+0.1%
Q1 2018+0.0%+0.0%-0.4%
Q3 2017-0.3%-0.3%-0.6%
Q2 2017

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