Herc Holdings swings to Q2 profit of USD 19 million; revenue rises 20% to USD 1.2 billion

Reuters2026/07/28 10:34

By:Reuters

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Herc Holdings posted Q2 net income of USD 19 million, swinging from a net loss of USD 35 million a year earlier; diluted EPS was USD 0.57.
Revenue rose 20% to USD 1.2 billion, driven by equipment rental revenue up 23% to USD 1.07 billion.
Interest expense, net climbed 47% to USD 126 million, reflecting new debt issued to fund the H&E acquisition.
For the first half, net loss narrowed to USD 5 million from USD 53 million, while revenue increased 26% to USD 2.34 billion.
Management said it completed the H&E integration, focusing on capturing operational synergies amid elevated rates and economic uncertainty.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Herc Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001364479-26-000109), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Herc Holdings swings to Q2 profit of USD 19 million; revenue rises 20% to USD 1.2 billion

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