CTOS · XBRL financial data

Custom Truck One Source financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CTOS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	303	1,167	1,573	1,865	1,802	1,944
Revenue from contracts with customers	115	788	1,085	1,331	1,360	1,446
Cost of revenue	226	957	1,189	1,411	1,412	1,532
Gross profit	76	210	384	454	390	412
Selling, general and administrative	43	156	211	231	230	230
Total operating expenses	59	252	280	283	264	287
Operating income (loss)	17	(42)	103	171	126	125
Interest expense	—	5	13	37	—	—
Other income (expense)	(5)	(1)	32	18	12	5
Income tax expense (benefit)	(30)	4	8	7	(1)	3
Net income (loss)	(21)	(182)	39	51	(29)	(31)
Earnings per share, basic USD per share	(0.43)	(0.75)	0.16	0.21	(0.12)	(0.14)
Earnings per share, diluted USD per share	(0.43)	(0.75)	0.16	0.21	(0.12)	(0.14)
Weighted average shares, basic millions of shares	49	241	247	245	237	227
Weighted average shares, diluted millions of shares	49	241	248	246	237	227

† Share count changed about 5x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (CTOS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	3	36	14	10	4	6
Accounts receivable	61	168	193	215	216	196
Inventory	31	411	597	986	1,049	931
Prepaid and other current assets	8	13	26	24	24	17
Total current assets	103	657	868	1,266	1,301	1,159
Property and equipment, net	6	—	—	—	—	—
Right-of-use asset	0	36	29	38	95	111
Goodwill	238	696	704	704	705	705
Total assets	768	2,684	2,938	3,368	3,502	3,441
Accounts payable	32	91	87	118	88	88
Accrued liabilities	32	60	69	74	69	69
Current portion of long-term debt	1	6	7	8	8	26
Total current liabilities	71	441	635	897	1,001	873
Long-term debt	716	1,308	1,355	1,487	1,520	1,619
Lease liability, non-current	0	32	25	33	89	106
Accumulated deficit	(466)	(647)	(609)	(558)	(587)	(618)
Total stockholders' equity	(31)	859	888	917	861	809
Total liabilities and equity	768	2,684	2,938	3,368	3,502	3,441
Common shares outstanding (cover page) millions of shares	49	247	246	240	226	227

† Share count changed about 5x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (CTOS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(21)	(182)	39	51	(29)	(31)
Stock-based compensation	2	17	12	13	12	8
Depreciation and amortization	85	209	223	219	236	264
Net cash from operating activities	43	139	46	(31)	122	310
Net cash from investing activities	(29)	(1,429)	(219)	(177)	(187)	(282)
Proceeds from issuing common stock	0	883	0	0	—	—
Share repurchases	0	0	10	39	29	33
Net cash from financing activities	(16)	1,323	154	203	58	(25)
Net change in cash	(3)	32	(22)	(4)	(7)	2

† Share count changed about 5x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 7359 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7359 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Custom Truck One Source	15	350	163*	227.2M	Q3 FY26 10-QSep 30, 2026
Aircastle	173	283	141*	17,840	Q2 FY26 10-QAug 31, 2026
McGrath Rentcorp	1	275	72*	24.4M	Q3 FY26 10-QSep 30, 2026
EquipmentShare.com	443	1,449	58*	not reported	Q2 FY26 10-QJun 30, 2026
Sunbelt Rentals Holdings	32	701	840	409.8M	Q1 FY27 10-QJul 31, 2026
NPK International	4.2	76	7.1*	83.9M	Q3 FY26 10-QSep 30, 2026
PROG Holdings	109	144	108*	39.0M	Q3 FY26 10-QSep 30, 2026
Upbound Group	125	1,146	163*	58.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.