Custom Truck One Source, Inc. (CTOS) — Financial statements
Income statement, balance sheet, and cash flow for Custom Truck One Source, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,944↑7.9% | 1,802↓3.4% | 1,865↑18.6% | 1,573↑34.8% | 1,167 | |
| Cost of Revenue | 1,577↑8.1% | 1,459↑0.3% | 1,455↑18.0% | 1,233↑23.1% | 1,002 | |
| Gross Profit | 367↑7.0% | 343↓16.3% | 410↑20.5% | 340↑105.5% | 166 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.23↓99.9% | 223↓1.0% | 225↑6.7% | 211↑35.4% | 156 | |
| Other Expenses | 226 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 226↑1.4% | 223↓1.0% | 225↑6.7% | 211↑35.4% | 156 | |
| Total Costs & Expenses | 1,802↑7.2% | 1,681↑0.1% | 1,680↑16.4% | 1,444↑24.7% | 1,157 | |
| Operating Results | ||||||
| Operating Income | 142↑17.2% | 121↓34.7% | 185↑42.9% | 130↑1213.3% | 10 | |
| Depreciation & Amortization | 268↑10.5% | 243↑7.7% | 225↑0.9% | 223↑6.9% | 209 | |
| EBITDA | 410↑7.6% | 381↓8.2% | 415↑15.5% | 359↑242.5% | 105 | |
| EBIT | 142↑2.7% | 138↓27.2% | 189↑39.6% | 136↑230.1% | -104 | |
| Interest & Other Income | ||||||
| Net Interest Income | -158↓1.3% | -156↓37.8% | -113↓27.0% | -89↓22.1% | -73 | |
| Interest Income | 0.00↓100.0% | 12↓37.3% | 18 | 0.00 | 0.00 | |
| Interest Expense | 158↓5.7% | 167↑27.3% | 131↑47.7% | 89↑22.1% | 73 | |
| Non-Operating Income | 0.00↑100.0% | -17↓298.5% | -4↑29.6% | -6↓105.4% | 114 | |
| Other Income / Expenses | -170↓13.2% | -150↓18.1% | -127↓53.4% | -83↑55.7% | -187 | |
| Income Before Tax | -28↑3.6% | -29↓150.3% | 58↑24.3% | 47↑126.4% | -177 | |
| Income Tax Expense | 3↑649.2% | -0.53↓107.2% | 7↓5.9% | 8↑76.9% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -31↓8.4% | -29↓156.5% | 51↑30.3% | 39↑121.4% | -182 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -31↓8.4% | -29↓156.5% | 51↑30.3% | 39↑121.4% | -182 | |
| Bottom-Line Net Income | -31↓8.4% | -29↓156.5% | 51↑30.3% | 39↑121.4% | -182 | |
| EPS (Basic) | -0.14↓16.7% | -0.12↓157.1% | 0.21↑31.2% | 0.16↑121.3% | -0.75 | |
| EPS (Diluted) | -0.14↓16.7% | -0.12↓157.1% | 0.21↑31.2% | 0.16↑121.3% | -0.75 | |
| Weighted Average Shares | 227↓3.4% | 234↓4.3% | 245↓0.8% | 247↑2.4% | 241 | |
| Weighted Average Diluted Shares | 227↓3.4% | 234↓4.6% | 246↓0.8% | 248↑2.6% | 241 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.