Herc Holdings (HRI) Cost of Revenue (2009 - 2026)
Herc Holdings' quarterly Cost of Revenue came in at $453.0 million in Q1 2026, up 38.53% year-on-year from $327.0 million in Q1 2025, and up 5.59% quarter-over-quarter from $429.0 million in Q4 2025.
Herc Holdings has reported Cost of Revenue for 18 years, with the latest figure at $453.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 38.53% year-over-year to $453.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 31.81% YoY), and the FY2025 full-year result was $1.6 billion, up 24.09% from the prior year.
- Cost of Revenue for Q1 2026 stood at $453.0 million, up from $429.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $467.0 million in Q3 2025, with the low at $226.0 million in Q1 2022.
- Average Cost of Revenue over 5 years is $324.4 million, with a median of $307.0 million recorded in 2024.
- Year-over-year, Cost of Revenue grew 3.6% in 2023 and jumped 39.82% in 2025.
- Tracing HRI's Cost of Revenue over 5 years: stood at $277.0 million in 2022, then climbed by 3.97% to $288.0 million in 2023, then gained by 12.5% to $324.0 million in 2024, then surged by 32.41% to $429.0 million in 2025, then rose by 5.59% to $453.0 million in 2026.
- The last three Cost of Revenue figures came in at $453.0 million (Q1 2026), $429.0 million (Q4 2025), and $467.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 64.99 Mn |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 104.00 Mn |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 50.87 Mn |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 21.80 Mn |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 8.70 Mn |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 453.00 Mn |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 21.69 Mn |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 358.56 Mn |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | 485.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 453.00 Mn |
| Mar 31, 2026 | 453.00 Mn |
| Dec 31, 2025 | 429.00 Mn |
| Dec 31, 2025 | 429.00 Mn |
| Sep 30, 2025 | 467.00 Mn |
| Sep 30, 2025 | 467.00 Mn |
| Jun 30, 2025 | 379.00 Mn |
| Jun 30, 2025 | 379.00 Mn |
| Mar 31, 2025 | 327.00 Mn |
| Mar 31, 2025 | 327.00 Mn |
| Dec 31, 2024 | 324.00 Mn |
| Dec 31, 2024 | 324.00 Mn |
| Sep 30, 2024 | 334.00 Mn |
| Sep 30, 2024 | 334.00 Mn |
| Jun 30, 2024 | 326.00 Mn |
| Jun 30, 2024 | 326.00 Mn |
| Mar 31, 2024 | 307.00 Mn |
| Mar 31, 2024 | 307.00 Mn |
| Dec 31, 2023 | 288.00 Mn |
| Dec 31, 2023 | 288.00 Mn |
| Sep 30, 2023 | 288.00 Mn |
| Sep 30, 2023 | 288.00 Mn |
| Jun 30, 2023 | 282.00 Mn |
| Jun 30, 2023 | 282.00 Mn |
| Mar 31, 2023 | 281.00 Mn |
| Mar 31, 2023 | 281.00 Mn |
| Dec 31, 2022 | 277.00 Mn |
| Dec 31, 2022 | 277.00 Mn |
| Sep 30, 2022 | 278.00 Mn |
| Sep 30, 2022 | 278.00 Mn |
| Jun 30, 2022 | 248.00 Mn |
| Jun 30, 2022 | 248.00 Mn |
| Mar 31, 2022 | 226.00 Mn |
| Mar 31, 2022 | 226.00 Mn |
| Dec 31, 2021 | 218.90 Mn |
| Dec 31, 2021 | 218.90 Mn |
| Sep 30, 2021 | 208.90 Mn |
| Sep 30, 2021 | 208.90 Mn |
| Jun 30, 2021 | 203.00 Mn |
| Jun 30, 2021 | 203.00 Mn |
| Mar 31, 2021 | 183.00 Mn |
| Mar 31, 2021 | 183.00 Mn |
| Dec 31, 2020 | 123.40 Mn |
| Dec 31, 2020 | 123.40 Mn |
| Sep 30, 2020 | 169.40 Mn |
| Sep 30, 2020 | 169.40 Mn |
| Jun 30, 2020 | 144.70 Mn |
| Jun 30, 2020 | 144.70 Mn |
| Mar 31, 2020 | 189.20 Mn |
| Mar 31, 2020 | 189.20 Mn |
| Dec 31, 2019 | 195.80 Mn |
| Dec 31, 2019 | 195.80 Mn |
| Sep 30, 2019 | 197.70 Mn |
| Sep 30, 2019 | 197.70 Mn |
| Jun 30, 2019 | 188.50 Mn |
| Jun 30, 2019 | 188.50 Mn |
| Mar 31, 2019 | 189.10 Mn |
| Mar 31, 2019 | 189.10 Mn |
| Dec 31, 2018 | 200.30 Mn |
| Dec 31, 2018 | 200.30 Mn |
| Sep 30, 2018 | 194.40 Mn |
| Sep 30, 2018 | 194.40 Mn |
| Jun 30, 2018 | 194.50 Mn |
| Jun 30, 2018 | 194.50 Mn |
| Mar 31, 2018 | 196.00 Mn |
| Mar 31, 2018 | 196.00 Mn |
| Dec 31, 2017 | 193.30 Mn |
| Dec 31, 2017 | 193.30 Mn |
| Sep 30, 2017 | 188.10 Mn |
| Sep 30, 2017 | 188.10 Mn |
| Jun 30, 2017 | 168.60 Mn |
| Jun 30, 2017 | 168.60 Mn |
| Mar 31, 2017 | 8.40 Mn |
| Mar 31, 2017 | 8.40 Mn |
| Dec 31, 2016 | 168.10 Mn |
| Dec 31, 2016 | 168.10 Mn |
| Sep 30, 2016 | 169.90 Mn |
| Sep 30, 2016 | 169.90 Mn |
| Jun 30, 2016 | 159.20 Mn |
| Jun 30, 2016 | 159.20 Mn |
| Mar 31, 2016 | 158.70 Mn |
| Mar 31, 2016 | 158.70 Mn |
| Dec 31, 2015 | 18.70 Mn |
| Dec 31, 2015 | 18.70 Mn |
| Sep 30, 2015 | 20.60 Mn |
| Sep 30, 2015 | 20.60 Mn |
| Jun 30, 2015 | 18.50 Mn |
| Jun 30, 2015 | 18.50 Mn |
| Mar 31, 2015 | 1.41 Bn |
| Mar 31, 2015 | 1.41 Bn |
| Dec 31, 2014 | 1.58 Bn |
| Dec 31, 2014 | 1.58 Bn |
| Sep 30, 2014 | 1.70 Bn |
| Sep 30, 2014 | 1.70 Bn |
| Jun 30, 2014 | 1.59 Bn |
| Jun 30, 2014 | 1.59 Bn |
| Mar 31, 2014 | 1.44 Bn |
| Mar 31, 2014 | 1.44 Bn |
| Dec 31, 2013 | 1.45 Bn |
| Dec 31, 2013 | 1.45 Bn |
| Sep 30, 2013 | 1.55 Bn |
| Sep 30, 2013 | 1.55 Bn |
| Jun 30, 2013 | 1.42 Bn |
| Jun 30, 2013 | 1.42 Bn |
| Mar 31, 2013 | 1.36 Bn |
| Mar 31, 2013 | 1.36 Bn |
| Dec 31, 2012 | 1.26 Bn |
| Dec 31, 2012 | 1.26 Bn |
| Sep 30, 2012 | 1.24 Bn |
| Sep 30, 2012 | 1.24 Bn |
| Jun 30, 2012 | 1.19 Bn |
| Jun 30, 2012 | 1.19 Bn |
| Mar 31, 2012 | 1.12 Bn |
| Mar 31, 2012 | 1.12 Bn |
| Dec 31, 2011 | 1.06 Bn |
| Dec 31, 2011 | 1.06 Bn |
| Sep 30, 2011 | 1.25 Bn |
| Sep 30, 2011 | 1.25 Bn |
| Jun 30, 2011 | 1.19 Bn |
| Jun 30, 2011 | 1.19 Bn |
| Mar 31, 2011 | 1.07 Bn |
| Mar 31, 2011 | 1.07 Bn |
| Dec 31, 2010 | 1.04 Bn |
| Dec 31, 2010 | 1.04 Bn |
| Sep 30, 2010 | 1.16 Bn |
| Sep 30, 2010 | 1.16 Bn |
| Jun 30, 2010 | 1.07 Bn |
| Jun 30, 2010 | 1.07 Bn |
| Mar 31, 2010 | 1.01 Bn |
| Mar 31, 2010 | 1.01 Bn |
| Dec 31, 2009 | 1.02 Bn |
| Dec 31, 2009 | 1.02 Bn |
| Sep 30, 2009 | 1.12 Bn |
| Sep 30, 2009 | 1.12 Bn |
| Jun 30, 2009 | 988.57 Mn |
| Jun 30, 2009 | 988.57 Mn |