United Rentals

URI Industrials Market cap $61.9B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 22, 2026

Revenue$3.99B +7% year over year

Gross profit$1.47B 37% margin

Operating profit$0.87B 22% margin

Net profit$0.53B 13% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	3.99	100%	+7%
Owned equipment rentals	2.69	67%	+6%
Other rental	0.38	10%	+24%
Rental equipment	0.35	9%	−7%
Delivery & pick up	0.27	7%	+9%
Service & other	0.09	2%	+1%
New equipment	0.08	2%	+20%
Rerent	0.08	2%	+24%
Contractor supplies	0.04	1%	+11%
Cost of revenue	−2.52	63%
Gross profit	1.47	37% margin	+0pp
SG&A	−0.44	11%	−1pp
Other	−0.16	4%	+0pp
Operating profit	0.87	22% margin	+0pp
Interest & other costs	−0.17
Tax	−0.17
Net profit	0.53	13% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.21	100%	+3%
rental equipment, revenues	1.41	34%
Other, topic 842	1.08	26%
Service & other revenues	0.37	9%
new equipment, revenues	0.35	8%
Re-rent revenue, topic 842	0.28	6%
Re-rent topic 842	0.28	6%
606	0.25	6%
Other	0.20	5%
Cost of revenue	−2.62	62%
Gross profit	1.59	38% margin	−2pp
Operating expenses	−0.54	13%	+0pp
Operating profit	1.05	25% margin	−2pp
Interest & other costs	−0.40
Net profit	0.65	16% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.23	100%	+6%
Owned equipment rentals	2.94	70%	+5%
Other rental	0.34	8%	+18%
Rental equipment	0.33	8%	+4%
Delivery & pick up	0.31	7%	+5%
New equipment	0.10	2%	+23%
Service & other	0.09	2%	+0%
Rerent	0.07	2%	+3%
Contractor supplies	0.04	1%	+13%
Cost of revenue	−2.56	61%
Gross profit	1.67	39% margin	−2pp
SG&A	−0.44	10%	+0pp
Other	−0.11	3%	+0pp
Operating profit	1.11	26% margin	−2pp
Interest & other costs	−0.18
Tax	−0.24
Net profit	0.70	17% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.94	100%	+5%
Owned equipment rentals	2.75	70%	+5%
Rental equipment	0.32	8%	−13%
Other rental	0.32	8%	+10%
Delivery & pick up	0.29	7%	+10%
Service & other	0.10	2%	+6%
New equipment	0.08	2%	+23%
Rerent	0.06	2%	+3%
Contractor supplies	0.04	1%	−2%
Cost of revenue	−2.41	61%
Gross profit	1.53	39% margin	−1pp
SG&A	−0.42	10%	+0pp
Other	−0.11	3%	+0pp
Operating profit	1.00	25% margin	−1pp
Interest & other costs	−0.16
Tax	−0.22
Net profit	0.62	16% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 22, 2026 Operating margin 22% Net profit $0.53B	Jan 1 – Mar 31, 2026	Apr 22, 2026	$3.99B	+7%	22%	$0.53B	13%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Jan 28, 2026 Operating margin 25% Net profit $0.65B	Oct 1 – Dec 31, 2025	Jan 28, 2026	$4.21B	+3%	25%	$0.65B	16%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 22, 2025 Operating margin 26% Net profit $0.70B	Jul 1 – Sep 30, 2025	Oct 22, 2025	$4.23B	+6%	26%	$0.70B	17%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 23, 2025 Operating margin 25% Net profit $0.62B	Apr 1 – Jun 30, 2025	Jul 23, 2025	$3.94B	+5%	25%	$0.62B	16%