# EquipmentShare.com Inc. (EQPT)

> Source: Nexqual · https://nexqual.com/EQPT · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, EquipmentShare.com Inc. (EQPT), nexqual.com/EQPT" · informational, not investment advice.

**Price:** USD 16.33 (-3.09% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 16.85 · day 16.02–16.9 · 52w 13–35.5 · market cap $4.14B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $4.30B, net income -$42.0M (-1.0% margin) (SEC filings).
- 2 of 80 tracked superinvestors hold EQPT (13F, Q2 2026): 0 new, 0 added, 0 reduced, 2 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $45.4M; 2 not under a Rule 10b5-1 plan ($45.4M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 10 Form 4 filings, $4.6M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.27 on a 1–5 scale) (11 analysts), mean target USD 31 (range 16–55).
- Total return with dividends: 1Y -49.9% vs S&P 500 +14.9%; 5Y -49.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD 0.12, revenue estimate $1.43B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|
| Revenue | $2.56B | $3.76B | $4.38B | $4.30B |
| Gross profit | $759M | $946M | $1.24B | — |
| Operating income | $250M | $218M | $297M | $149M |
| Net income | $17.0M | $3.0M | $40.0M | -$42.0M |
| EPS (diluted) | -$0.20 | -$0.48 | $0.01 | — |
| Gross margin | 29.7% | 25.1% | 28.3% | — |
| Operating margin | 9.8% | 5.8% | 6.8% | 3.5% |
| Net margin | 0.7% | 0.1% | 0.9% | -1.0% |
| Revenue growth | — | +47.2% | +16.3% | — |
| Cash + short-term investments | $316M | $407M | $306M | — |
| Total debt | — | $2.55B | $3.27B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 1.0x · EV/EBITDA 20.5x · EV/Sales 1.7x · P/B 3.4x · Earnings yield -1.02% · Net debt $3.19B · EV $7.33B

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold EQPT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Chase Coleman | Tiger Global Management | 0.38% | $90.0M | Unchanged |
| First Pacific Advisors |  | 0.07% | $5.6M | Unchanged |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-14…2026-08-18 | Chheda Neil |  | 904,624 | $18.7M | 20.7% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-14…2026-08-18 | Chheda Neil |  | 1,296,408 | $26.7M | 2.5% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
10 purchases, $4.6M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-14…2026-09-15 | Schlacks Jabbok | Founder & CEO | 25,000 | $445K | 17.78 | Too little history (no open-market trades in 2023–2025) |
| 2026-09-02 | Schlacks William J. | Founder & President | 10,000 | $178K | 17.79 | Too little history (no open-market trades in 2023–2025) |
| 2026-09-01…2026-09-02 | Schlacks Jabbok | Founder & CEO | 25,000 | $432K | 17.29 | Too little history (no open-market trades in 2023–2025) |
| 2026-08-28…2026-08-31 | Schlacks Jabbok | Founder & CEO | 25,000 | $440K | 17.62 | Too little history (no open-market trades in 2023–2025) |
| 2026-08-21 | Schlacks William J. | Founder & President | 2,000 | $37K | 18.64 | Too little history (no open-market trades in 2023–2025) |
| 2026-08-14…2026-08-18 | Schlacks William J. | Founder & President | 8,950 | $183K | 20.43 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15 | Schlacks Jabbok | Co-Founder & CEO | 50,000 | $1.1M | 21.12 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15 | Schlacks William J. | Co-Founder & President | 50,000 | $1.1M | 21.47 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-19 | Hill W Bryan | Director | 21,803 | $499K | 22.89 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15 | Bhatia Naveen | Director | 10,000 | $242K | 24.22 | Too little history (no open-market trades in 2023–2025) |

## Analysts
Consensus Buy (mean 2.27 on a 1–5 scale), 11 analysts; mean target USD 31 (low 16, high 55).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Citigroup | Target lowered | Neutral | $17 → $16 |
| 2026-10-20 | Baird | Target lowered | Outperform | $35 → $28 |
| 2026-10-12 | Citigroup | Target lowered | Neutral | $22 → $17 |
| 2026-10-05 | Truist Securities | Target lowered | Buy | $35 → $31 |
| 2026-08-25 | Truist Securities | Target lowered | Buy | $38 → $35 |
| 2026-08-20 | UBS | Target lowered | Neutral | $24 → $22 |
| 2026-08-17 | Citigroup | Target raised | Neutral | $19 → $22 |
| 2026-07-14 | Citigroup | Target raised | Neutral | $18 → $19 |
| 2026-07-14 | Wells Fargo | Target lowered | Overweight | $32 → $25 |
| 2026-07-13 | Citigroup | Target lowered | Neutral | $20 → $18 |
| 2026-07-08 | Citigroup | Target lowered | Neutral | $26 → $20 |
| 2026-07-02 | Truist Securities | Target lowered | Buy | $41 → $38 |

## Total return (dividends reinvested)
|  | 1Y (from 2026-01-23) | 5Y (from 2026-01-19) |
|---|---|---|
| Total return | -49.9% | -49.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | — | — |
| Volatility (annualized) | 83.1% | 76.0% |
| Max drawdown | -60.8% (Jan 2026→Oct 2026) | -59.8% (Feb 2026→Oct 2026) |

## Peers (Rental & Leasing Services)
HRI (Herc Holdings Inc.) USD 133.55 +1.38% · CAR (Avis Budget Group, Inc.) USD 101.55 +3.21% · WSC (WillScot Holdings Corporation) USD 16.49 -0.48% · GATX (GATX Corporation) USD 167.5 +1.95% · MGRC (McGrath RentCorp) USD 116.81 +2.22% · CTOS (Custom Truck One Source, Inc.) USD 8.87 -5.13%

## More
Full page: https://nexqual.com/EQPT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in EQPT's own 10-K filed 2026-03-19 (https://www.sec.gov/Archives/edgar/data/1693736/000162828026019656/eqpt-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Alphabet (Google) (GOOGL) | "and Google Play, which make our applications available for download by our customers." |

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Equipment Rental and Service Operations | $908.0M | 62.7% | +39.5% |
| Equipment sales | $483.0M | 33.3% | +1.0% |
| Total revenue | $1.45B | 100% | — |
The lines above cover 96% of total revenue.

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Equipment rental, parts, supplies and services | $903.0M | 62.3% | +39.6% |
| Equipment sales | $483.0M | 33.3% | +1.0% |
| Equipment parts and supplies and services | $88.0M | 6.1% | +25.7% |
| Services | $53.0M | 3.7% | +29.3% |
| Equipment parts and supplies sales | $35.0M | 2.4% | +20.7% |
| Telematics | $34.0M | 2.3% | +240.0% |
| Equipment rental and related services | $33.0M | 2.3% | +37.5% |
| Other | $29.0M | 2.0% | +141.7% |
| Delivery and pick-up | $26.0M | 1.8% | +30.0% |
| Other equipment rental | $7.0M | 0.5% | +75.0% |
| Total revenue | $1.45B | 100% | — |
The lines above cover 116.7% of total revenue.

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.12 | $0.18 | -33.1% | $1.43B | 7 |
| Next quarter (ends 2026-12-31) | $0.37 | $0.42 | -10.4% | $2.04B | 7 |
| Current fiscal year (ends 2026-12-31) | $0.55 | $0.48 | +16.2% | $5.86B | 7 |
| Next fiscal year (ends 2027-12-31) | $0.97 | $1.06 | -8.9% | $6.78B | 6 |