WillScot Holdings (WSC) Operating Expenses (2015 - 2026)
WillScot Holdings (WSC) posted quarterly Operating Expenses of $165.3 million for Q1 2026, up 5.16% year-over-year from $157.1 million in Q1 2025, and up 16.47% quarter-over-quarter from $141.9 million in Q4 2025.
WillScot Holdings (WSC) Operating Expenses (2015 - 2026) Analysis & Trends
WillScot Holdings (WSC) has reported Operating Expenses for 12 consecutive years, with $165.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 5.16% year-over-year to $165.3 million; the TTM figure through Mar 2026 stood at $589.9 million (down 6.09% YoY), while the FY2025 annual figure was $883.9 million, up 38.27% from the prior year.
- Operating Expenses grew to $165.3 million in Q1 2026 per WSC's latest filing, from $141.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $187.0 million in Q2 2024 and bottomed at $128.3 million in Q4 2024.
- Historically, Operating Expenses has averaged $150.0 million across 5 years, with a median of $146.8 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses advanced 27.37% — and 2025, when it dropped 22.45%.
- WillScot Holdings' Operating Expenses stood at $139.1 million in 2022, then rose by 5.26% to $146.4 million in 2023, then retreated by 12.37% to $128.3 million in 2024, then rose by 10.58% to $141.9 million in 2025, then increased by 16.47% to $165.3 million in 2026.
- Business Quant data shows WSC's Operating Expenses at $165.3 million in Q1 2026, $141.9 million in Q4 2025, and $137.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.93 Bn | 33.90 Bn | 978.00 Mn | 453.00 Mn |
| 2 | AerCap Holdings | 23.48 Bn | 23.48 Bn | 2.02 Bn | 1.37 Bn |
| 3 | U-Haul Holding | 14.45 Bn | 14.45 Bn | - | - |
| 4 | Ryder System | 10.02 Bn | 10.02 Bn | 1.45 Bn | 3.16 Bn |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | 419.70 Mn |
| 6 | Herc Holdings | 5.79 Bn | 5.75 Bn | 713.00 Mn | 158.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.43 Bn | - | 2.93 Bn |
| 8 | WillScot Holdings | 4.19 Bn | 4.17 Bn | 306.26 Mn | 165.71 Mn |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 56.44 Mn |
| 10 | Custom Truck One Source | 2.46 Bn | 2.45 Bn | 123.97 Mn | 77.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 165.71 Mn |
| Mar 31, 2026 | 165.26 Mn |
| Dec 31, 2025 | 141.89 Mn |
| Sep 30, 2025 | 137.70 Mn |
| Jun 30, 2025 | 145.02 Mn |
| Mar 31, 2025 | 157.15 Mn |
| Dec 31, 2024 | 128.31 Mn |
| Sep 30, 2024 | 155.64 Mn |
| Jun 30, 2024 | 187.00 Mn |
| Mar 31, 2024 | 168.31 Mn |
| Dec 31, 2023 | 146.43 Mn |
| Sep 30, 2023 | 151.98 Mn |
| Jun 30, 2023 | 146.81 Mn |
| Mar 31, 2023 | 150.87 Mn |
| Dec 31, 2022 | 139.10 Mn |
| Sep 30, 2022 | 140.12 Mn |
| Jun 30, 2022 | 150.04 Mn |
| Mar 31, 2022 | 138.14 Mn |
| Dec 31, 2021 | 123.67 Mn |
| Sep 30, 2021 | 129.20 Mn |