Equipmentshare.com Inc balance sheet
At the end of fiscal 2025, Equipmentshare.com Inc had total assets of $5.99bn, total liabilities of $5.10bn and shareholders' equity of $528m. It held $306m in cash against $3.33bn of debt: net debt of $3.03bn.
Balance sheet
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|
| Cash and equivalents | 316 | 407 | 306 |
| Receivables | — | 563 | 748 |
| Inventory | — | 331 | 401 |
| Total current assets | — | 1,407 | 1,730 |
| Total assets | — | 4,816 | 5,987 |
| Accounts payable | — | 91 | 95 |
| Deferred revenue (current) | — | 20 | 30 |
| Total current liabilities | — | 658 | 880 |
| Short-term debt | — | 19 | 4 |
| Long-term debt | — | 2,528 | 3,268 |
| Total debt | 0 | 2,626 | 3,335 |
| Total liabilities | — | 3,943 | 5,099 |
| Shareholders' equity | 588 | 549 | 528 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 324 | 360 |
| Net debt (negative = net cash) | −316 | 2,219 | 3,029 |
| Shares outstanding | — | 234m | 237m |
| Quarter | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|
| Receivables | — | — | 818 | 971 |
| Inventory | — | — | 427 | 460 |
| Total current assets | — | — | 1,870 | 2,210 |
| Total assets | — | — | 6,357 | 7,111 |
| Accounts payable | — | — | 73 | 105 |
| Deferred revenue (current) | — | — | 30 | 43 |
| Total current liabilities | — | — | 758 | 914 |
| Short-term debt | — | — | 5 | 2 |
| Long-term debt | — | — | 3,077 | 3,635 |
| Total debt | — | — | 3,082 | 3,637 |
| Total liabilities | — | — | 4,785 | 5,529 |
| Shareholders' equity | 490 | 467 | 1,201 | 1,212 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | 371 | 370 |
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