v3.26.1
REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table disaggregates the Company’s revenue based on type and the applicable accounting standard
(in millions):
Three Months Ended June 30,
2026
2025
Topic 842
Topic 606
Total
Topic 842
Topic 606
Total
Equipment rental revenue .............................................
$722
$
$722
$509
$
$509
Ancillary and other rental revenue:
Delivery and pick-up ...............................................
28
26
54
21
20
41
Other equipment rental ...........................................
32
7
39
23
4
27
Total equipment rental and related services ..................
782
33
815
553
24
577
Equipment sales (new and used)(1) ................................
483
483
478
478
Equipment parts and supplies and services:
Equipment parts and supplies sales .........................
35
35
29
29
Services ...................................................................
53
53
41
41
Total equipment parts and supplies and services ..........
88
88
70
70
Platform revenue:
Telematics ...............................................................
34
34
10
10
Other .......................................................................
29
29
12
12
Total revenues ...............................................................
$782
$666
$1,449
$553
$593
$1,147
__________________
(1)For the three months ended June 30, 2026 and 2025, equipment sales to OWN Program participants were $428 million and $417 million,
respectively. For the three months ended June 30, 2026 and 2025, equipment sales to contractors and other end users were $55 million and
$61 million, respectively.
Six Months Ended June 30,
2026
2025
Topic 842
Topic 606
Total
Topic 842
Topic 606
Total
Equipment rental revenue .............................................
$1,330
$
$1,330
$948
$
$948
Ancillary and other rental revenue:
Delivery and pick-up ...............................................
51
48
99
37
35
72
Other equipment rental ...........................................
59
10
69
44
8
52
Total equipment rental and related services ..................
1,440
58
1,498
1,029
43
1,072
Equipment sales (new and used)(1) ................................
661
661
624
624
Equipment parts and supplies and services:
Equipment parts and supplies sales .........................
66
66
49
49
Services ...................................................................
99
99
79
79
Total equipment parts and supplies and services ..........
165
165
128
128
Platform revenue:
Telematics ...............................................................
65
65
20
20
Other .......................................................................
48
48
20
20
Total revenues ...............................................................
$1,440
$997
$2,437
$1,029
$835
$1,864
__________________
(1)For the six months ended June 30, 2026 and 2025, equipment sales to OWN Program participants were $530 million and $512 million,
respectively. For the six months ended June 30, 2026 and 2025, equipment sales to contractors and other end users were $131 million and
$112 million, respectively.