Custom Truck One Source, Inc. (CTOS) Earnings Call Transcripts

Custom Truck One Source, Inc.'s Latest Earnings Call - April 1, 2026

In Q1 2026, Custom Truck One Source, Inc. (CTOS) announced a significant change in its segment reporting structure, transitioning from three segments to two: Specialty Equipment Rental (SER) and Specialty Truck Equipment and Manufacturing (STEM). This change is aimed at aligning external reporting with internal decision-making processes. The company reiterated its consolidated revenue guidance for 2026 at $2.005 billion to $2.12 billion and adjusted EBITDA of $410 million to $435 million, maintaining previous expectations. No changes were made to the overall corporate strategy or financial outlook.

Reported metrics

Guidance from management

CTOS maintained its 2026 guidance with consolidated revenue expected between $2.005 billion and $2.12 billion, and adjusted EBITDA between $410 million and $435 million. The company aims to reduce net leverage below 4x by the end of 2026.

What management said

Great. Thanks. Thanks, everyone, for joining us today on our webinar. We appreciate your interest in Custom Truck, and we look forward to visiting with you here in our Q1 earnings call here in a few weeks. And again, if you have any questions about what we've communicated today, please don't hesitate to reach out. Have a great day, and thank you.

What analysts pressed on

There were no questions from analysts during the Q&A session, indicating either a lack of immediate concerns or a need for further analysis of the new segment reporting structure.

Main topics on the call

• Segment Restructuring — CTOS is transitioning from three segments to two: SER and STEM. This change reflects the company's operational structure and aims to improve transparency and comparability. Management stated, 'This structure aligns both ...
• Financial Impact of Restructuring — The restructuring will not impact consolidated GAAP results or cash flow. Intersegment revenue and margins will now be reported, enhancing visibility into segment performance. Management emphasized, 'There is no impact t...
• Guidance Confirmation — CTOS confirmed its 2026 guidance with consolidated revenue expected between $2.005 billion and $2.12 billion, and adjusted EBITDA between $410 million and $435 million. This guidance remains unchanged from previous annou...
• Capital Allocation and Leverage — The company plans gross rental fleet investment of $340 million to $360 million and aims to reduce net leverage below 4x by the end of 2026. Management stated, 'We remain focused on deleveraging with net leverage meaning...

Read the full Custom Truck One Source, Inc. transcript (April 1, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 41 Custom Truck One Source, Inc. earnings call transcripts on record, spanning March 12, 2020 to August 4, 2026. Based on this history, Custom Truck One Source, Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CTOS

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Trading Companies and Distributors

Calls on record

41

First call

March 12, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly