McGrath RentCorp rents modular buildings, electronic test equipment, and liquid and solid containment tanks across North America. Its Mobile Modular unit supplies relocatable classrooms, offices, and healthcare spaces; TRS-RenTelco focuses on communications and general-purpose test gear; Adler Tank Rentals serves industrial and environmental containment. The model emphasizes flexible rental fleets rather than one-time equipment sales, with recurring revenue from multi-period contracts.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 235.6 | — | 36 | 22.1% |
| Q3 2025 | 256.4 | — | 42.3 | -7.9% |
| Q4 2025 | 256.8 | — | 49.8 | 23% |
| Q1 2026 | 198.5 | — | 27 | -4.3% |
| Q2 2026 | 221.1 | -6.2% | 33.7 | -6.4% |
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