FINHUB Insights

URI · Q2 FY25 · Apr 1 – Jun 30, 2025

United Rentals Q2 FY25: where the revenue came from and where it went

United Rentals Q2 FY25: revenue $3.9B (+5% year over year). Net profit $0.6B. Largest cohort Owned Equipment Rentals $2.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 23, 2025 10-Q
Sankey diagram of United Rentals's income statement for Q2 FY25: revenue of $3.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$3.9B +5% year over year
Gross profit$1.5B 39% margin
Operating profit$1B 25% margin
Net profit$0.6B 16% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 3.9 100% +5%
Owned Equipment Rentals 2.7 69% +5%
Rental Equipment 0.3 8% −13%
Other Rental Revenue 0.3 8% +10%
Delivery and Pick Up 0.3 8% +10%
Service and Other Revenues 0.1 3% +6%
New Equipment 0.1 3% +23%
Rerent Revenue 0.1 3% +3%
Cost of revenue−2.462%
Gross profit1.539% margin−1pp
SG&A−0.411%+0pp
Other−0.13%+0pp
Operating profit125% margin−1pp
Tax−0.2
Interest & other costs−0.2
Net profit0.616%−1pp
Filing on EDGAR More quarters of URI

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters