United Rentals, Inc. (URI) income statement
NYSE · Industrials · Rental & Leasing Services · 28,500 employees · CEO Matthew J. Flannery
- Price
- $1,170.05 -2.39%
- Market cap
- $72.4B
- Enterprise value
- $88.2B
- Last report
- Q3 '26 filed 2026-10-21
- Next report
- 2027-01-27 EPS est. $14.14
United Rentals, Inc. (URI) reported revenue of $4.89B for Q3 '26 (+15.7% year on year), operating income of $1.41B (28.8% of revenue) and net income of $920M. Over the last four quarters revenue was $17.5B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.73B | $3.49B | $3.77B | $3.99B | $4.1B | $3.72B | $3.94B | $4.23B | $4.21B | $3.99B | $4.41B | $4.89B | |
| Cost of revenue | $2.27B | $2.24B | $2.36B | $2.45B | $2.57B | $2.48B | $2.52B | $2.67B | $2.73B | $2.52B | $2.68B | $2.85B | |
| Gross profit | $1.46B | $1.24B | $1.41B | $1.54B | $1.52B | $1.24B | $1.43B | $1.56B | $1.48B | $1.47B | $1.73B | $2.05B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $511M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $122M | $126M | |
| Operating expenses | $393M | $389M | $404M | $416M | $436M | $437M | $422M | $442M | $431M | $600M | $594M | $637M | |
| Operating income | $1.07B | $853M | $1.01B | $1.12B | $1.09B | $805M | $1B | $1.11B | $1.05B | $869M | $1.14B | $1.41B | |
| Interest expense | $161M | $160M | $173M | $178M | $180M | $184M | $171M | $178M | $183M | $176M | $178M | $184M | |
| Other non-operating income (gains on investments, FX ...) | $4M | -$2M | -$3M | -$4M | -$2M | -$67M | -$7M | -$1M | -$5M | -$8M | -$47M | -$6M | |
| Total non-operating income | -$165M | -$158M | -$170M | -$174M | -$178M | -$117M | -$164M | -$177M | -$178M | -$168M | -$131M | -$178M | |
| Income before tax | $902M | $695M | $835M | $949M | $909M | $688M | $839M | $937M | $874M | $701M | $1.01B | $1.23B | |
| Income tax | $223M | $153M | $199M | $241M | $220M | $170M | $217M | $236M | $221M | $170M | $254M | $311M | |
| Net income | $679M | $542M | $636M | $708M | $689M | $518M | $622M | $701M | $653M | $531M | $753M | $920M | |
| EPS (basic) | $10.04 | $8.06 | $9.55 | $10.72 | $10.50 | $7.92 | $9.59 | $10.93 | $10.27 | $8.38 | $11.88 | $14.79 | |
| EPS (diluted) | $10.01 | $8.04 | $9.53 | $10.70 | $10.48 | $7.91 | $9.59 | $10.91 | $10.20 | $8.35 | $11.84 | $14.77 | |
| Shares (basic, weighted) | 67.6M | 67.2M | 66.6M | 66M | 66M | 65.3M | 64.9M | 64.2M | 63.4M | 63.4M | 63.4M | 62.2M | |
| Shares (diluted, weighted) | 67.8M | 67.4M | 66.7M | 66.2M | 66.2M | 65.4M | 64.9M | 64.3M | 63.6M | 63.6M | 63.6M | 62.3M | |
| Depreciation & amortization | $697M | $686M | $717M | $738M | $762M | $751M | $759M | $793M | $805M | $795M | $820M | $853M | |
| EBITDA | $1.76B | $1.54B | $1.73B | $1.87B | $1.85B | $1.62B | $1.77B | $1.91B | $1.86B | $1.67B | $2.01B | $2.27B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.76B | $6.64B | $8.05B | $9.35B | $8.53B | $9.72B | $11.6B | $14.3B | $15.3B | $16.1B | |
| Cost of revenue | $3.59B | $4.11B | $4.99B | $6.09B | $5.7B | $6.22B | $7.01B | $8.95B | $9.63B | $10.4B | |
| Gross profit | $2.18B | $2.53B | $3.06B | $3.26B | $2.83B | $3.5B | $4.63B | $5.38B | $5.71B | $5.71B | |
| Operating expenses | $719M | $903M | $1.04B | $1.09B | $979M | $1.2B | $1.4B | $1.53B | $1.65B | $1.73B | |
| Operating income | $1.46B | $1.63B | $2.02B | $2.17B | $1.85B | $2.3B | $3.23B | $3.86B | $4.07B | $3.97B | |
| Interest expense | $511M | $464M | $481M | $648M | $669M | $424M | $445M | $635M | $691M | $716M | |
| Other non-operating income (gains on investments, FX ...) | $137M | $165M | $61M | $9M | $45M | $26M | -$15M | $9M | -$11M | -$80M | |
| Total non-operating income | -$549M | -$577M | -$542M | -$657M | -$714M | -$450M | -$430M | -$644M | -$680M | -$636M | |
| Income before tax | $909M | $1.05B | $1.48B | $1.51B | $1.14B | $1.85B | $2.8B | $3.21B | $3.39B | $3.34B | |
| Income tax | $343M | -$298M | $380M | $340M | $249M | $460M | $697M | $787M | $813M | $844M | |
| Net income | $566M | $1.35B | $1.1B | $1.17B | $890M | $1.39B | $2.11B | $2.42B | $2.58B | $2.49B | |
| EPS (basic) | $6.49 | $15.91 | $13.25 | $15.18 | $12.25 | $19.14 | $29.77 | $35.40 | $38.82 | $38.71 | |
| EPS (diluted) | $6.45 | $15.73 | $13.13 | $15.11 | $12.20 | $19.03 | $29.66 | $35.28 | $38.69 | $38.61 | |
| Shares (basic, weighted) | 87.2M | 84.6M | 82.7M | 77.3M | 72.7M | 72.4M | 70.7M | 68.5M | 66.3M | 64.4M | |
| Shares (diluted, weighted) | 87.8M | 85.6M | 83.5M | 77.7M | 72.9M | 72.8M | 71M | 68.7M | 66.6M | 64.6M | |
| Depreciation & amortization | $1.25B | $1.38B | $1.67B | $2.04B | $1.99B | $1.98B | $2.22B | $2.78B | $2.9B | $3.11B | |
| EBITDA | $2.57B | $2.84B | $3.63B | $4.2B | $3.8B | $4.25B | $5.46B | $6.63B | $6.98B | $7.16B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01