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McGrath Q3 2026 net income rises 15% to $48.8 million

PUBT·10/28/2026 20:02:02
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McGrath Q3 2026 net income rises 15% to $48.8 million
  • McGrath’s third-quarter 2026 diluted earnings per share rose 16% year over year to $2.
  • Total revenues climbed 7% to $274.6 million, primarily driven by higher rental operations.
  • TRS-RenTelco continued benefiting from projects supporting new data centers, prompting additional rental fleet investments.
  • The 2026 total revenues outlook fell to $945 million–$960 million due to lower Mobile Modular new equipment sales.
  • Gross rental equipment capital expenditure guidance for 2026 increased to $270 million–$290 million to support Mobile Modular and TRS-RenTelco rental momentum.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McGrath RentCorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202610281600BIZWIRE_USPR_____20261028_BW841032) on October 28, 2026, and is solely responsible for the information contained therein.