U-Haul Holding Company reported a fiscal 2026 net earnings decline to $83.1 million from $367.1 million a year earlier, with a fourth-quarter net loss of $127.8 million that was wider than the $82.3 million loss in the same period of 2025. Chairman Joe Shoen attributed the quarterly losses to equipment disposal costs and the operational drain of new storage units awaiting occupancy. Despite these pressures, self-storage revenue rose 7.1% in the fourth quarter, and full-year Moving and Storage EBITDA grew by $26.1 million. On May 22, the company authorized a $350 million share repurchase plan, signaling confidence in its long-term financial position.
U-Haul Holding CompanyReported a wider-than-expected quarterly net loss of $127.8 million and a sharp decline in full-year net earnings.