Mcgrath Rentcorp (MGRC) Cost of Revenue (2010 - 2026)
Mcgrath Rentcorp (MGRC) reported Cost of Revenue of $21.7 million for Q1 2026, down 78.09% on a YoY basis from $99.0 million in Q1 2025, and down 94.55% quarter-over-quarter from $397.8 million in Q4 2025.
Mcgrath Rentcorp (MGRC) Cost of Revenue (2010 - 2026) Analysis & Trends
Mcgrath Rentcorp has reported Cost of Revenue for 17 years, with the latest figure at $21.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 78.09% year-over-year to $21.7 million; the trailing twelve-month figure through Mar 2026 stood at $483.3 million (up 169.25% YoY), and the FY2025 full-year result was $489.3 million, up 348.38% from the prior year.
- Cost of Revenue for Q1 2026 stood at $21.7 million, down from $397.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $397.8 million in Q4 2025, with the low at -$8.5 million in Q4 2024.
- Historically, Cost of Revenue has averaged $84.2 million across 5 years, with a median of $31.5 million in 2025.
- Annual changes were most pronounced in 2024 — Cost of Revenue slumped 102.44% — and 2025, when it soared 4774.81%.
- Mcgrath Rentcorp's Cost of Revenue stood at $9.3 million in 2022, then soared by 3660.36% to $348.0 million in 2023, then tumbled by 102.44% to -$8.5 million in 2024, then soared by 4774.81% to $397.8 million in 2025, then tumbled by 94.55% to $21.7 million in 2026.
- The last three Cost of Revenue figures came in at $21.7 million (Q1 2026), $397.8 million (Q4 2025), and $32.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 50.87 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 104.00 Mn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | - |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 21.80 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 8.70 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 453.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 21.69 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 358.56 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 485.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.69 Mn |
| Mar 31, 2026 | 21.69 Mn |
| Dec 31, 2025 | 397.78 Mn |
| Dec 31, 2025 | 397.78 Mn |
| Sep 30, 2025 | 32.31 Mn |
| Sep 30, 2025 | 32.31 Mn |
| Jun 30, 2025 | 31.52 Mn |
| Jun 30, 2025 | 31.52 Mn |
| Mar 31, 2025 | 98.98 Mn |
| Mar 31, 2025 | 98.98 Mn |
| Dec 31, 2024 | -8.51 Mn |
| Dec 31, 2024 | -8.51 Mn |
| Sep 30, 2024 | 61.11 Mn |
| Sep 30, 2024 | 61.11 Mn |
| Jun 30, 2024 | 27.92 Mn |
| Jun 30, 2024 | 27.92 Mn |
| Mar 31, 2024 | 94.56 Mn |
| Mar 31, 2024 | 94.56 Mn |
| Dec 31, 2023 | 348.02 Mn |
| Dec 31, 2023 | 348.02 Mn |