WillScot Holdings (WSC) Operating Expenses (2015 - 2026)
WillScot Holdings (WSC) reported Operating Expenses of $234.0 million for Q1 2026, up 1.26% year-over-year from $231.1 million in Q1 2025, and up 1.82% quarter-over-quarter from $229.8 million in Q4 2025.
WillScot Holdings (WSC) Operating Expenses (2015 - 2026) Analysis & Trends
WillScot Holdings (WSC) has 12 years of Operating Expenses data on file, last reported at $234.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $234.0 million, up 1.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $918.7 million (down 1.15% YoY), and the FY2025 annual result was $1.2 billion, up 29.37% from the prior year.
- Operating Expenses advanced to $234.0 million in Q1 2026 per WSC's latest filing, from $229.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $262.6 million in Q2 2024 and troughed at $195.7 million in Q1 2022.
- A 5-year average of $222.2 million and a median of $221.3 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses grew 24.31% in 2024, then retreated 11.1% in 2025.
- A 5-year view of Operating Expenses shows it stood at $207.0 million in 2022, then grew by 7.04% to $221.6 million in 2023, then decreased by 8.07% to $203.7 million in 2024, then gained by 12.82% to $229.8 million in 2025, then climbed by 1.82% to $234.0 million in 2026.
- Business Quant data shows WSC's Operating Expenses at $234.0 million in Q1 2026, $229.8 million in Q4 2025, and $221.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 848.61 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 3.01 Bn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | 1.42 Bn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 410.40 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 234.02 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 393.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 76.20 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 71.59 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 632.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 234.02 Mn |
| Dec 31, 2025 | 229.83 Mn |
| Sep 30, 2025 | 221.33 Mn |
| Jun 30, 2025 | 233.47 Mn |
| Mar 31, 2025 | 231.10 Mn |
| Dec 31, 2024 | 203.73 Mn |
| Sep 30, 2024 | 231.89 Mn |
| Jun 30, 2024 | 262.61 Mn |
| Mar 31, 2024 | 243.22 Mn |
| Dec 31, 2023 | 221.60 Mn |
| Sep 30, 2023 | 218.93 Mn |
| Jun 30, 2023 | 211.26 Mn |
| Mar 31, 2023 | 210.03 Mn |
| Dec 31, 2022 | 207.03 Mn |
| Sep 30, 2022 | 208.13 Mn |
| Jun 30, 2022 | 213.27 Mn |
| Mar 31, 2022 | 195.69 Mn |
| Dec 31, 2021 | 177.43 Mn |
| Sep 30, 2021 | 182.19 Mn |
| Jun 30, 2021 | 192.24 Mn |