AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue grew 3.9% to $612.2M on delivery/installation strength, but Adjusted EBITDA fell 8.4% to $227.9M as cost pressures and fleet optimization offset gains.
Biggest Revenue Drivers
Leasing revenue$449.7M+1.5% YoY
Modular space leasing increased 2.2%; portable storage leasing declined 5.8%.
Delivery and installation revenue$135.8M+25.3% YoY
Increased activations and large complex projects; significant event project contributed $12.6M.
Biggest Revenue Drivers
Total revenue: $612.2M+3.9% YoY
Leasing revenue$449.7M+1.5% YoY
Modular space leasing increased 2.2%; portable storage leasing declined 5.8%.
Delivery and installation revenue$135.8M+25.3% YoY
Increased activations and large complex projects; significant event project contributed $12.6M.
New units sales revenue$14.6M-32.5% YoY
Lower sales volume in period.
Rental units sales revenue$12.0M-25.2% YoY
Reduced sales activity compared to prior year.
Largest Expense Items
Selling, general and administrative$160.3M+10.5% YoY
Provision for credit losses increased $16.4M; employee SG&A increased $5.2M.
Watch Items from the Filing
Portable storage leasing revenue declined 5.8% YoY ($4.6M) in Q2; units on rent fell 6.7% as lower non-residential construction demand outpaced price increases of 1.8%.
Large complex projects (data centers, events) contributed outsized revenue growth but elevated cost structure; concentrated exposure to project cyclicality and completion risk.
ABL Facility availability of $1.5B and debt maturities deferred to 2028+; minimal refinancing pressure near-term with interest expense declining $5.5M YoY.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About WillScot Holdings Corp (WSC): stock profile, AI score and financials
WillScot Holdings Corp (WSC) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores WSC at 46.7/100 on a composite quality score built from its SEC filings, placing it at rank #1,825 of 2,925 stocks — the bottom half of the AI-ranked universe. WSC scores in the top quartile across earnings quality (95.1), free cash flow (84.1). Areas of concern include revenue growth (18.2) and institutional flow (22.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 42.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), WillScot Holdings Corp reports quarterly revenue of $612.2M, net income of $47.0M, an operating margin of 19.2%. Top institutional holders of WSC by reported 13-F value include FMR, BlackRock, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. WSC trades on the Nasdaq exchange and files with the SEC under CIK 1647088. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WSC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for WillScot Holdings Corp directly from SEC EDGAR.