Herc Holdings (HRI) Operating Expenses (2009 - 2026)

Herc Holdings (HRI) posted quarterly Operating Expenses of $158.0 million for Q2 2026, down 21.0% year-over-year from $200.0 million in Q2 2025, and up 4.64% quarter-over-quarter from $151.0 million in Q1 2026.

Herc Holdings (HRI) Operating Expenses (2009 - 2026) Analysis & Trends

Herc Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $158.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 21.0% year-over-year to $158.0 million; the TTM figure through Jun 2026 stood at $680.0 million (up 6.75% YoY), while the FY2025 annual figure was $763.0 million, up 58.96% from the prior year.
  • Operating Expenses for Q2 2026 stood at $158.0 million, up from $151.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $204.0 million in Q3 2025, with the low at $89.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $117.5 million (2023), against an average of $133.5 million.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 66.96% in 2025, then fell 21.35% in 2026.
  • Herc Holdings' Operating Expenses stood at $113.0 million in 2022, then decreased by 4.42% to $108.0 million in 2023, then gained by 12.96% to $122.0 million in 2024, then surged by 36.89% to $167.0 million in 2025, then fell by 5.39% to $158.0 million in 2026.
  • Business Quant data shows HRI's Operating Expenses at $158.0 million in Q2 2026, $151.0 million in Q1 2026, and $167.0 million in Q4 2025.

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
DateValue
Jun 30, 2026 158.00 Mn
Mar 31, 2026 151.00 Mn
Dec 31, 2025 167.00 Mn
Sep 30, 2025 204.00 Mn
Jun 30, 2025 200.00 Mn
Mar 31, 2025 192.00 Mn
Dec 31, 2024 122.00 Mn
Sep 30, 2024 123.00 Mn
Jun 30, 2024 120.00 Mn
Mar 31, 2024 115.00 Mn
Dec 31, 2023 108.00 Mn
Sep 30, 2023 115.00 Mn
Jun 30, 2023 111.00 Mn
Mar 31, 2023 106.00 Mn
Dec 31, 2022 113.00 Mn
Sep 30, 2022 112.00 Mn
Jun 30, 2022 97.00 Mn
Mar 31, 2022 89.00 Mn
Dec 31, 2021 89.00 Mn
Sep 30, 2021 81.50 Mn