EquipmentShare Reports 'Banner Year' in 2025

Rental revenue growth, new locations, and technology platform expansion drive strong results

Mar. 19, 2026 at 2:22pm

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EquipmentShare, a construction equipment rental and technology company, reported a 'banner year' in 2025 with strong organic growth, customer demand, and increased adoption of its proprietary T3 technology platform. The company opened 85 new rental locations in 2025 and saw rental revenue grow 34% for the full year. EquipmentShare also highlighted the expansion of its specialty division and materials business, as well as the benefits of its capital-efficient OWN Program for fleet sourcing.

Why it matters

EquipmentShare's results demonstrate the company's ability to capitalize on growing demand for integrated construction solutions, particularly as job sites become more complex. The company's focus on organic expansion and technology-driven offerings position it well to serve customers in a fragmented equipment rental industry.

The details

EquipmentShare reported several key operational and financial milestones in 2025, including 34% year-over-year growth in rental revenue to over $2.7 billion. The company also saw strong performance in its specialty division, which scaled 34%, and its materials business, which grew over 100%. EquipmentShare attributed this growth to customer demand and increased adoption of its T3 technology platform, which provides remote monitoring, predictive maintenance, and productivity tools. The company invested $252 million in one-time startup costs for new market openings in 2025, with the goal of creating 'long-term earnings generating assets' as the new locations mature.

  • In 2025, EquipmentShare reported rental revenue growth of 34% for the full year.
  • EquipmentShare opened 85 new rental locations in 2025.
  • In the fourth quarter of 2025, EquipmentShare completed $680 million in OWN Program sales and $1.3 billion for the full year.

The players

Jabbok Schlacks

CEO of EquipmentShare.

Willy Schlacks

President of EquipmentShare.

Mark Wopata

EVP of Finance and Chief Data Officer at EquipmentShare.

David Marquardt

Chief Financial Officer of EquipmentShare.

EquipmentShare.com Inc

A construction equipment rental and technology company based in Columbia, Missouri.

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