Custom Truck (CTOS) Q2 Revenue Jumps 21%
Custom Truck One Source (NYSE:CTOS), a provider of specialty equipment rentals, sales, and services focused on infrastructure markets, released its second-quarter 2025 results on July 30, 2025. The top-line result stood out, with revenue (GAAP) reaching $511.5 million, up from analyst expectations of $461.0 million. However, the company reported a net loss of $28.4 million (GAAP) (a diluted loss per share of $0.13), significantly wider than the $0.05 GAAP loss per share analysts estimated. While the revenue beat was substantial, margin compression and increased tax expense weighed on profitability. Management described broad-based demand across end-markets and reaffirmed annual revenue and adjusted EBITDA guidance, indicating ongoing confidence in business momentum.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Custom Truck One Source supplies and services specialized heavy equipment used for critical infrastructure projects. It focuses on rental, sales, and aftermarket parts and services, targeting sectors like electric utility transmission and distribution, telecommunications, and rail. Its offerings range from aerial lifts and digger derricks to utility trucks, which are crucial for grid upgrades, electrification, and communications infrastructure.
Source Fool.com