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Custom Truck One Source, Inc. Reports First Quarter 2026 Results and Increases Adjusted EBITDA 2026 Guidance

$CTOSPress releaseApr 27, 2026, 4:10 PM ETRead the release

Custom Truck One Source reported record first-quarter revenue of $461.6 million, a 9.3% increase year-over-year, driven by strong demand in transmission and distribution markets. Adjusted EBITDA surged 33.4% to $98.0 million, while the net loss improved by 76.9% to $4.1 million compared to the prior year period.

Key figures

Revenue
$461.6 million
Guidance
2026 Adjusted EBITDA $415 million - $440 million, increased from $410 million - $435 million
Revenue Yoy
9.3%
Net Loss
-$4.1 million
Adjusted EBITDA
$98.0 million
Net Leverage Ratio
4.02x

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