EquipmentShare.com announced its board has authorized a new share repurchase program of up to $500 million of its Class A shares, expiring December 31, 2028. The company also raised its full-year guidance, citing strong customer demand and better-than-expected first-half performance. For fiscal 2026, adjusted core EBITDA is now expected between $1.946 billion and $2.058 billion, up from the prior range of $1.883 billion to $1.995 billion, while total revenue is forecast at $5.254 billion to $5.682 billion, compared with the earlier outlook of $5.147 billion to $5.575 billion. Gross rental capital expenditure for fiscal 2026 is now projected at $2.664 billion to $2.886 billion, up from $2.281 billion to $2.503 billion, and net rental capital expenditure is seen at $980 million to $1.060 billion, versus the previous $839 million to $919 million. In fiscal 2025, the company reported adjusted core EBITDA of $1.667 billion on total revenue of $4.379 billion.
EquipmentShare.com Inc Class A Common StockBoard authorized $500M share buyback and raised full-year guidance on strong demand.