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Stock impact report

Custom Truck One Source, Inc. Reports Second Quarter 2025 Results and Reaffirms 2025 Guidance

Custom Truck One Source, Inc. (CTOS) 
Company Research Source: Business Wire
KANSAS CITY, Mo.--(BUSINESS WIRE)--Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for the three and six months ended June 30, 2025.CTOS Second-Quarter HighlightsTotal revenue of $511.5 million, an increase of $88.5 million, or 20.9%, compared to the second quarter of 2024Gross profit of $102.5 million, an increase of $13.3 million, or 14.9%, compared to the second quarter of 2024Adjusted Gross Profit of $156.5 million, an increase of $22.7 million, or 17.0%, compared to the second quarter of 2024Net loss of $28.4 million, an increase of $3.9 million, or 15.9%, compared to the second quarter of 2024Adjusted EBITDA of $93.4 million, an increase of $13.4 million, or 16.7%, compared to the second quarter of 2024Increased Average OEC on rent by $162.5 million, or 15.6%, compared to the second quarter of Show less Read more
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