United Rentals, Inc. (URI) Financials
Key financial figures for United Rentals, Inc. (Q3 2026).
United Rentals reported record Q3 2026 revenue of $4.893 billion and adjusted EPS of $15.55, and raised full-year 2026 revenue and adjusted EBITDA guidance. Total revenue was $4.893 billion versus $4.229 billion a year earlier (about +15.7%, calculated), led by record rental revenue of $4.316 billion, up 17.8% year over year. Net income rose 31.2% to $920 million (18.8% margin); GAAP diluted EPS was $14.77 versus $10.91, and adjusted EPS was $15.55 versus $11.70. Adjusted EBITDA was a record $2.331 billion, up 19.8%, with the margin up 160 basis points to 47.6%; the company credits higher rental gross margin and lower SG&A as a share of revenue. On the outlook: Raised full-year 2026 outlook: total revenue $18.0 billion to $18.2 billion (prior $17.5 billion to $17.8 billion); adjusted EBITDA $8.3 billion to $8.4 billion (prior $7.975 billion to $8.125 billion); net rental capital expenditures $3.75 billion to $4.05 billion after gross purchases of $5.2 billion to $5.5 billion (prior $3.4 billion to $3.8 billion after $4.85 billion to $5.25 billion); net cash from operating activities $6.25 billion to $6.85 billion (prior $5.85 billion to $6.65 billion); free cash flow excluding restructuring related payments $2.15 billion to $2.45 billion, unchanged. Figures are for Q3 2026, as United Rentals, Inc. reported them.
- Revenue
- $4.9B
- Net Income
- $920M
- EPS
- $14.79
- Total Assets
- $32.8B
- Operating Cash Flow
- $1.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $4.9B | $920M | $14.77 | 28.8% | -$105M |
| Q2 FY2026 | $4.4B | $753M | $11.84 | 25.8% | -$261M |
| Q1 FY2026 | $4.0B | $531M | $8.43 | 21.81% | $681M |
| Q4 FY2025 | $4.2B | $653M | $10.20 | 25% | $577M |
| Q3 FY2025 | $4.2B | $701M | $10.91 | 26.34% | -$365M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $16.1B | $2.5B | $38.61 | 24.68% | $662M |
| FY2024 | $15.3B | $2.6B | $38.69 | 26.51% | $419M |
| FY2023 | $14.3B | $2.4B | $35.28 | 26.9% | $634M |
Frequently asked questions
What was United Rentals, Inc.'s revenue last quarter?
United Rentals, Inc. reported revenue of $4.89 billion for Q3 FY2026, up 15.7% from the same period a year earlier.
Is United Rentals, Inc. profitable?
Yes. United Rentals, Inc. reported net income of $920.0 million for Q3 FY2026, a net margin of 18.8% on revenue.
How has United Rentals, Inc.'s margin trended?
Operating margin was 28.8% in Q3 FY2026, compared with 26.34% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did United Rentals, Inc. generate?
United Rentals, Inc. generated free cash flow of -$105.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for United Rentals, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.