WillScot Holdings Corp. Q1 2025 Revenue Rises
Ticker: WSC · Form: 10-Q · Filed: May 1, 2025 · CIK: 1647088
| Field | Detail |
|---|---|
| Company | Willscot Holdings Corp (WSC) |
| Form Type | 10-Q |
| Filed Date | May 1, 2025 |
| Risk Level | low |
| Sentiment | bullish |
Sentiment: bullish
Topics: earnings, revenue-growth, equipment-rental
TL;DR
WSC Q1 revenue up to $672.4M from $635.3M YoY. Leasing strong.
AI Summary
WillScot Holdings Corp. reported its first quarter 2025 results for the period ending March 31, 2025. The company's leasing revenue for the first quarter of 2025 was $572.3 million, an increase from $540.1 million in the same period of 2024. Delivery and installation revenue also saw a rise to $100.1 million in Q1 2025 from $95.2 million in Q1 2024.
Why It Matters
The company's revenue growth indicates strong demand for its equipment rental and leasing services, potentially signaling a positive economic outlook for sectors relying on these services.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative developments.
Key Numbers
- $572.3M — Leasing Revenue (Q1 2025) (Represents the core business income for the period.)
- $100.1M — Delivery and Installation Revenue (Q1 2025) (Ancillary revenue stream showing growth.)
- $672.4M — Total Revenue (Q1 2025) (Combined revenue from leasing and services.)
- $540.1M — Leasing Revenue (Q1 2024) (Prior year comparable period for leasing revenue.)
- $635.3M — Total Revenue (Q1 2024) (Combined revenue from leasing and services in the prior year.)
Key Players & Entities
- WillScot Holdings Corp. (company) — Filer of the 10-Q report.
- 20250331 (date) — End of the reporting period.
- 20250501 (date) — Date the report was filed.
- $572.3 million (dollar_amount) — Leasing revenue for Q1 2025.
- $540.1 million (dollar_amount) — Leasing revenue for Q1 2024.
- $100.1 million (dollar_amount) — Delivery and installation revenue for Q1 2025.
- $95.2 million (dollar_amount) — Delivery and installation revenue for Q1 2024.
FAQ
What was WillScot Holdings Corp.'s total revenue for the first quarter of 2025?
WillScot Holdings Corp.'s total revenue for the first quarter of 2025 was $672.4 million, derived from $572.3 million in leasing revenue and $100.1 million in delivery and installation revenue.
How did WillScot Holdings Corp.'s leasing revenue compare between Q1 2025 and Q1 2024?
Leasing revenue increased from $540.1 million in Q1 2024 to $572.3 million in Q1 2025.
What was the filing date for this 10-Q report?
The 10-Q report for the period ending March 31, 2025, was filed on May 1, 2025.
What is the company's primary industry classification?
WillScot Holdings Corp. is classified under SERVICES-MISCELLANEOUS EQUIPMENT RENTAL & LEASING [7350].
Did delivery and installation revenue increase year-over-year?
Yes, delivery and installation revenue increased from $95.2 million in Q1 2024 to $100.1 million in Q1 2025.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding WillScot Holdings Corp (WSC).