Custom Truck One Source (CTOS) Operating Expenses (2017 - 2026)
Custom Truck One Source (CTOS) posted Operating Expenses of $71.6 million for Q1 2026, up 0.72% sequentially from $71.1 million in Q4 2025, and down 2.1% YoY from $73.1 million in Q1 2025.
Custom Truck One Source (CTOS) Operating Expenses (2017 - 2026) Analysis & Trends
Custom Truck One Source has reported Operating Expenses for 10 years, with the latest figure at $71.6 million in Q1 2026.
- Quarterly Operating Expenses fell 2.1% year-over-year to $71.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $285.4 million (up 7.83% YoY) and the FY2025 annual result came in at $286.9 million, up 8.73% from the prior year.
- Operating Expenses rose to $71.6 million in Q1 2026 per CTOS's latest filing, from $71.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $76.7 million in Q4 2022 and troughed at $51.2 million in Q4 2024.
- A 5-year average of $69.8 million and a median of $71.1 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 220.91% in 2022, then plunged 30.22% in 2024.
- Over 5 years, Operating Expenses stood at $76.7 million in 2022, then declined by 4.34% to $73.4 million in 2023, then sank by 30.22% to $51.2 million in 2024, then soared by 38.88% to $71.1 million in 2025, then gained by 0.72% to $71.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $71.6 million, $71.1 million, and $68.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.76 Bn | 33.73 Bn | 978.00 Mn | 453.00 Mn |
| 2 | AerCap Holdings | 23.45 Bn | 23.45 Bn | 2.02 Bn | 1.37 Bn |
| 3 | U-Haul Holding | 14.49 Bn | 14.49 Bn | - | - |
| 4 | Ryder System | 10.04 Bn | 10.04 Bn | 1.45 Bn | 3.16 Bn |
| 5 | Gatx | 6.36 Bn | 6.36 Bn | 555.30 Mn | 419.70 Mn |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | 158.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | 2.93 Bn |
| 8 | WillScot Holdings | 4.22 Bn | 4.21 Bn | 306.26 Mn | 165.71 Mn |
| 9 | Mcgrath Rentcorp | 2.97 Bn | 2.97 Bn | 107.91 Mn | 56.44 Mn |
| 10 | Custom Truck One Source | 2.45 Bn | 2.44 Bn | 123.97 Mn | 77.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 77.36 Mn |
| Mar 31, 2026 | 71.59 Mn |
| Dec 31, 2025 | 71.08 Mn |
| Sep 30, 2025 | 68.12 Mn |
| Jun 30, 2025 | 74.61 Mn |
| Mar 31, 2025 | 73.13 Mn |
| Dec 31, 2024 | 51.18 Mn |
| Sep 30, 2024 | 68.79 Mn |
| Jun 30, 2024 | 71.59 Mn |
| Mar 31, 2024 | 72.34 Mn |
| Dec 31, 2023 | 73.35 Mn |
| Sep 30, 2023 | 69.15 Mn |
| Jun 30, 2023 | 71.04 Mn |
| Mar 31, 2023 | 69.77 Mn |
| Dec 31, 2022 | 76.68 Mn |
| Sep 30, 2022 | 65.07 Mn |
| Jun 30, 2022 | 64.01 Mn |
| Mar 31, 2022 | 74.69 Mn |
| Dec 31, 2021 | 68.01 Mn |
| Sep 30, 2021 | 70.57 Mn |