Mcgrath Rentcorp (MGRC) Financials
Key financial figures for Mcgrath Rentcorp (Q3 2026).
McGrath RentCorp Q3 2026 revenue rose 7% to $274.6M and diluted EPS rose to $2.00 from $1.72, while full-year revenue guidance was cut to $945-960M on lower Mobile Modular new equipment sales. Total revenues were $274.6M (up 7%), with rental operations revenues up 6% to $189.5M and sales revenues up 9% to $82.9M. Net income was $48.8M, or $2.00 per diluted share, versus $42.3M, or $1.72, a year earlier. Income from operations rose 11% to $73.9M. Adjusted EBITDA rose 10% to $106.5M (a non-GAAP measure the company reconciles to net income in the release); the release prints a 39% Adjusted EBITDA margin versus 38% a year earlier. TRS-RenTelco led: rental revenues rose 26% to $35.4M and division Adjusted EBITDA rose 27% to $25.7M, which management tied to data center buildout projects. On the outlook: Updated outlook for the remainder of 2026: total revenue $945 to $960 million (previously $955 to $985 million), Adjusted EBITDA $365 to $373 million (previously $363 to $375 million, mid-point unchanged), and gross rental equipment capital expenditures $270 to $290 million (previously $200 to $220 million). The company attributed the lower revenue range to lower Mobile Modular new equipment sales. Figures are for Q3 2026, as McGrath RentCorp reported them.
- Revenue
- $275M
- Net Income
- $49M
- EPS
- $2.00
- Total Assets
- $2.6B
- Operating Cash Flow
- $72M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $275M | $49M | $2.00 | 26.93% | -$41M |
| Q2 FY2026 | $221M | $34M | $1.37 | 24.1% | $52M |
| Q1 FY2026 | $199M | $27M | $1.10 | 21.92% | $34M |
| Q4 FY2025 | $257M | $50M | $2.02 | 28.97% | $70M |
| Q3 FY2025 | $256M | $42M | $1.72 | 26.05% | $53M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $944M | $156M | $6.35 | 25.85% | $211M |
| FY2024 | $911M | $232M | $9.43 | 26.81% | $334M |
| FY2023 | $832M | $175M | $7.12 | 22.81% | -$178M |
Frequently asked questions
What was McGrath RentCorp's revenue last quarter?
McGrath RentCorp reported revenue of $274.6 million for Q3 FY2026, up 7.1% from the same period a year earlier.
Is McGrath RentCorp profitable?
Yes. McGrath RentCorp reported net income of $48.8 million for Q3 FY2026, a net margin of 17.77% on revenue.
How has McGrath RentCorp's margin trended?
Operating margin was 26.93% in Q3 FY2026, compared with 26.05% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did McGrath RentCorp generate?
McGrath RentCorp generated free cash flow of -$41.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Mcgrath Rentcorp on SentiSense, with up to forty quarters and twenty fiscal years of history.