Custom Truck One Source Inc (CTOS) financials
Custom Truck One Source revenue and earnings by year
Custom Truck One Source's revenue was $1.94 billion in the fiscal year to December 31, 2025, up 7.9% from the year before. Net income was -$31.1 million, -1.6% of revenue. Since the fiscal year to December 31, 2017, revenue has grown 32.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 9 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.94 | 1.80 | 1.87 | 1.57 | 1.17 | 0.30 | 0.26 | 0.25 | 0.20 |
| Revenue growth | 7.9% | -3.4% | 18.6% | 34.8% | 285.5% | 14.7% | 7.2% | 20.9% | — |
| Gross profit | 0.41 | 0.39 | 0.45 | 0.38 | 0.21 | 0.08 | 0.09 | 0.08 | 0.06 |
| Gross margin | 21.2% | 21.7% | 24.4% | 24.4% | 18.0% | 25.3% | 32.8% | 33.1% | 28.3% |
| Operating income | 0.12 | 0.13 | 0.17 | 0.10 | -0.04 | 0.02 | 0.04 | 0.04 | 0.02 |
| Operating margin | 6.4% | 7.0% | 9.2% | 6.6% | -3.6% | 5.7% | 13.6% | 17.5% | 11.5% |
| Net income | -0.03 | -0.03 | 0.05 | 0.04 | -0.18 | -0.02 | -0.03 | -0.02 | -0.03 |
| Net margin | -1.6% | -1.6% | 2.7% | 2.5% | -15.6% | -7.0% | -10.2% | -6.3% | -13.3% |
| Diluted EPS | -$0.14 | -$0.12 | $0.21 | $0.16 | -$0.75 | -$0.43 | -$0.74 | — | — |
| Free cash flow | 0.03 | -0.11 | -0.21 | -0.12 | 0.05 | 0.01 | -0.06 | 0.02 | -0.00 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CTOS in Markets.
How Custom Truck One Source makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Specialty Truck Equipment & Manufacturing | $283M | 57.2% |
| Specialty Equipment Rentals | $212M | 42.8% |
See also: CTOS valuation and P/E history · CTOS returns
No forecast, no recommendation. This page describes Custom Truck One Source Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.