EQPT · EquipmentShare.com Inc.

EquipmentShare.com Inc. issued a press release on July 9, 2026, updating its full-year 2026 financial guidance and announcing a $500 million share repurchase program. The guidance raise reflects strong customer demand and better-than-expected first-half performance, particularly in the second quarter. Total revenue guidance was increased to $5,254–$5,682 million from $5,147–$5,575 million, with rental segment revenue now expected at $3,472–$3,748 million, implying a midpoint growth rate of 33% (up from 29%). Adjusted Core EBITDA guidance rose to $1,946–$2,058 million, indicating margin expansion as rental locations mature. The company also raised its gross and net rental capex ranges, signaling confidence in fleet growth. The board's authorization of a $500 million share repurchase program underscores management's belief in the company's long-term value and disciplined capital allocation. Pro forma liquidity is estimated at $2.6 billion at quarter-end, providing ample flexibility to execute growth initiatives while maintaining leverage targets. CEO Jabbok Schlacks highlighted that technology-enabled rental platform driving productivity and efficiency is translating into stronger financial performance. The guidance revision and buyback program suggest management sees sustained momentum and underpins the company's 2030 targets of 700 locations and $20 billion OEC under management. Overall, this release signals a positive near-term outlook and reinforces EquipmentShare's competitive position in the construction equipment rental market.