Recent Insider Transactions • Jun 21
Co-Founder recently bought US$1.1m worth of stock On the 15th of June, William Schlacks bought around 50k shares on-market at roughly US$21.47 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was William's only on-market trade for the last 12 months. 속보 • Jun 17
EquipmentShare Stock Receives First-Time BB- Fitch Rating and Upsizes $1.35 Billion Notes Offering EquipmentShare.com received its first Long-Term Issuer Default Rating of 'BB-' from Fitch Ratings, with a Stable outlook.
Fitch assigned a 'BB+' rating to EquipmentShare's revolving credit facility and a 'BB' rating to its senior secured second lien notes.
The company upsized its private offering of senior secured second lien notes to US$1.35b, with the notes due in 2034 and secured on a second priority basis by liens on substantially all assets.
Fitch’s initial rating and Stable outlook frame how credit markets view EquipmentShare’s balance sheet and capital structure after the recent IPO and larger debt transaction.
The upsized US$1.35b notes offering, and the planned use of proceeds to repay borrowings under the asset-based revolving credit facility and for general corporate purposes, give investors a clearer picture of the company’s funding mix, leverage profile and refinancing commitments through 2034. 공시 • Jun 11
EquipmentShare.com Inc Announces Board Changes EquipmentShare.com Inc. announced that on June 5, 2026, Henry Yeagley and John Weinstein each resigned from the Board, effective as of such date. The resignations were not the result of any disagreement with the Company and followed the Company’s initial public offering. On June 8, 2026, and upon the recommendation of the Board’s Nominating and Corporate Governance Committee, the Board appointed Damian Giangiacomo and Harley Miller (the “Appointed Directors”) to the Board, effective as of such date. Each Appointed Director will serve as a director of the Company until his successor is duly elected and qualified, or until his earlier death, resignation, or removal. Mr. Giangiacomo was appointed as a member of the Board’s Audit Committee and the Board determined that Messrs. Giangiacomo and Miller are “independent” under the listing standards of the Nasdaq Global Select Market and the applicable rules and regulations of the Securities and Exchange Commission (the “SEC”). Mr. Giangiacomo, age 49, co-founded Nexus Capital Management LP (“Nexus”), a private equity firm, in 2013 and currently serves as Managing Partner. Prior to co-founding Nexus, Mr. Giangiacomo spent 13 years in the Private Equity Group at Apollo Global Management Inc., an alternative asset manager. He began his career in the Mergers, Acquisitions & Restructurings Department at Morgan Stanley, a financial services firm. Mr. Giangiacomo currently serves on the board of directors of Rent the Runway Inc., a consumer apparel company, where he is also a member of the audit committee. Mr. Giangiacomo holds a Bachelor of Business Administration from the University of Notre Dame. Mr. Miller, age 37, founded Left Lane Capital (“Left Lane”), a venture capital firm, in 2019 and currently serves a Chief Executive Officer. Prior to founding Left Lane, Mr. Miller spent 9 years as Principal at Insight Venture Management, LLP, a venture capital and private equity firm. Mr. Miller previously served on the Board from December 2016 to December 2024. Mr. Miller holds a Bachelor of Science from the University of Pennsylvania. New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Recent Insider Transactions • May 22
Insider recently bought US$499k worth of stock On the 19th of May, William Hill bought around 22k shares on-market at roughly US$22.89 per share. This transaction increased William Hill's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$741k more in shares than they have sold in the last 12 months. 속보 • May 18
EquipmentShare.com Lifts 2026 Guidance as Q1 Strength Drives Analyst Optimism EquipmentShare.com reported a strong first quarter for fiscal 2026, supported by demand from large contractors, added rental locations and greater use of its T3 technology platform.
Management raised full-year 2026 guidance for revenue, adjusted EBITDA and rental location growth, indicating higher internal expectations for the business.
The stock has risen 13.7% over the past month, while Wall Street analysts see about 63.5% upside based on a mean price target of US$39.71 and currently assign the company a Zacks Rank #2 (Buy).
The combination of upgraded guidance and positive analyst sentiment suggests that expectations around EquipmentShare.com’s execution and market position have shifted higher following the Q1 report.
Investors may want to monitor whether the company continues to support its outlook with rental footprint expansion, sustained T3 adoption and consistent profitability metrics as the year progresses. 공시 • May 15
EquipmentShare.com Inc. Raises Earnings Guidance for the Fiscal Year Ending December 31, 2026 EquipmentShare.com Inc. raised earnings guidance for the fiscal year ending December 31, 2026. For the year, the company now expects total revenue of $5,147 million to $5,575 million against prior guidance of $5,051 million to $5,471 million. Reported Earnings • May 14
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: US$0.20 loss per share. Revenue: US$989.0m (up 6.1% from 1Q 2025). Net loss: US$41.0m (loss widened 77% from 1Q 2025). Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Trade Distributors industry in the US. 공시 • May 06
EquipmentShare.com Inc. to Report Q1, 2026 Results on May 13, 2026 EquipmentShare.com Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026 공시 • Apr 23
EquipmentShare.com Inc., Annual General Meeting, Jun 04, 2026 EquipmentShare.com Inc., Annual General Meeting, Jun 04, 2026. Reported Earnings • Mar 19
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$0.038 (up from US$0.49 loss in FY 2024). Revenue: US$4.38b (up 16% from FY 2024). Net income: US$3.00m (up US$40.9m from FY 2024). Profit margin: 0.1% (up from net loss in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Trade Distributors industry in the US. 공시 • Mar 10
EquipmentShare.com Inc. to Report Q4, 2025 Results on Mar 18, 2026 EquipmentShare.com Inc. announced that they will report Q4, 2025 results After-Market on Mar 18, 2026 New Risk • Feb 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$437m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$437m free cash flow). Shares are highly illiquid. 공시 • Jan 23
EquipmentShare.com Inc. has completed an IPO in the amount of $747.25 million. EquipmentShare.com Inc. has completed an IPO in the amount of $747.25 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 30,500,000
Price\Range: $24.5
Transaction Features: Reserved Share Offering; Sponsor Backed Offering 
