Custom Truck One Source Inc (CTOS) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Custom Truck One Source Inc   (NYSE: CTOS)
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services

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Description of Custom Truck One Source Inc's Business Segments


Custom Truck One Source Inc. is a leading provider of custom-built trucks and mobile equipment catering to a diverse range of industries. The company operates across multiple segments, each tailored to meet the unique demands of its clientele. Below is a detailed exploration of the segments, products, and services that Custom Truck One Source offers:

Segments

1. Crane and Material Handling Segment:
- This segment embodies a comprehensive array of cranes and material handling equipment designed for versatility and efficiency.
- Telescopic Cranes: Renowned for their ability to extend to impressive heights, typically up to 300 feet, these cranes are pivotal in the construction sector, providing extended reach and lifting capacity for various tasks.
- Articulating Cranes: Also known as knuckleboom cranes, these are invaluable in construction and forestry operations, given their flexibility and maneuverability in tight spaces.
- Boom Trucks: These trucks incorporate a mounted crane that can extend and rotate, optimizing material lifting and placement.
- Rough Terrain Cranes: Designed specifically for outdoor jobsites, these cranes can navigate challenging terrains, making them an essential asset in construction and industrial sectors.

2. Service Truck Segment:
- Dedicated to creating tailored service trucks for industries such as utilities, telecommunications, and construction.
- Custom-built to accommodate various tools and equipment, these trucks are engineered to support specific operational tasks.
- They often include features like crane mounts, tool storage, and enhanced electrical systems, making them indispensable for on-site service and maintenance work.

3. Heavy and Medium Duty Truck Segment:
- This segment provides a range of durable, customized trucks that are specifically designed to withstand the rigors of demanding industries such as mining, oil and gas, and construction.
- The trucks are configured with numerous features, including enhanced powertrains, superior suspension systems, and optimized cargo space, ensuring they meet the exact specifications of customer operations.

Products

1. Articulating Cranes:
- Available in various configurations to suit different job specifications, these cranes boast exceptional reach and flexibility. Their knuckleboom design allows them to extend in multiple directions, making them suitable for a wide array of lifting tasks in construction, maintenance, and demolition applications.

2. Telescopic Cranes:
- These cranes are characterized by their extendable boom, which telescopes out to reach significant heights and distances while maintaining stability and safety. Utilized extensively in construction, they facilitate heavy lifting and transportation tasks, providing essential support in the building process.

3. Service Trucks:
- Customized service trucks are built to include specialized equipment such as cranes, lift gates, and hydraulic systems, tailored specifically for the operational needs of industries like oil and gas, where the demand for service and maintenance is constant. Options for storage compartments, tool mounts, and work lights enhance the functional capacity of these vehicles.

Services

1. Custom Design and Engineering:
- Custom Truck One Source employs a proficient team of engineers skilled in creating tailor-made solutions. Using advanced design software and technology, they meticulously design and develop custom vehicles that align perfectly with the unique needs of their clients. This service encompasses everything from initial concept drawings to detailed 3D models.

2. Manufacturing and Assembly:
- With multiple manufacturing facilities equipped with cutting-edge technology, Custom Truck One Source ensures that every product is built to the highest standards. The assembly process is meticulously controlled, allowing the company to maintain quality and craftsmanship across its offerings.

3. Maintenance and Repair:
- Recognizing the importance of product longevity and reliability, Custom Truck One Source offers comprehensive maintenance and repair services. Their team of skilled technicians is equipped to handle everything from routine service checks to complex repairs, ensuring that all trucks and equipment remain in optimal working condition. This service helps mitigate downtime and extend the operational life of their vehicles.

Overall, Custom Truck One Source Inc. stands out as a one-stop shop for industries requiring advanced customized vehicles and equipment, backed by a strong emphasis on engineering excellence, robust manufacturing practices, and dedicated after-sales support. Their extensive portfolio positions them as a critical player in the custom equipment landscape.


Composition of Custom Truck One Source Inc Revenues by Segments

 
United States    98.56 % of total Revenue
Canada    1.44 % of total Revenue
Total rental revenue    29.72 % of total Revenue
Rental    29.72 % of total Revenue
Shipping and handling    1.43 % of total Revenue
Total sales and services    70.28 % of total Revenue
Equipment sales    63.39 % of total Revenue
Sales And Services Parts And Services    6.88 % of total Revenue
Parts sales and services    6.88 % of total Revenue
SER    44.37 % of total Revenue
SER Rental AR Provision    0.47 % of total Revenue
SER Sales-Type Lease Adjustment    0.46 % of total Revenue
SER InterEliminations    1.47 % of total Revenue
SER Rental    29.72 % of total Revenue
SER Equipment sales    8.18 % of total Revenue
SER Parts sales and services    4.07 % of total Revenue
STEM    78.7 % of total Revenue
STEM InterEliminations    20.68 % of total Revenue
STEM Equipment sales    55.21 % of total Revenue
STEM Parts sales and services    2.82 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
United States 454.99 98.56 %
Canada 6.63 1.44 %
Total rental revenue 137.22 29.72 %
Rental 137.22 29.72 %
Shipping and handling 6.61 1.43 %
Total sales and services 324.41 70.28 %
Equipment sales 292.63 63.39 %
Sales And Services Parts And Services 31.77 6.88 %
Parts sales and services 31.77 6.88 %
SER 204.83 44.37 %
SER Rental AR Provision 2.18 0.47 %
SER Sales-Type Lease Adjustment 2.10 0.46 %
SER InterEliminations 6.79 1.47 %
SER Rental 137.22 29.72 %
SER Equipment sales 37.78 8.18 %
SER Parts sales and services 18.77 4.07 %
STEM 363.31 78.7 %
STEM InterEliminations 95.45 20.68 %
STEM Equipment sales 254.86 55.21 %
STEM Parts sales and services 13.00 2.82 %
Total 461.62 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
United States 10.02 % -
Canada -23.62 % -
Total rental revenue 18.02 % -
Rental 18.02 % -
Shipping and handling 10.56 % -
Total sales and services 6.03 % -
Equipment sales 6.85 % -
Sales And Services Parts And Services -1.04 % -
Parts sales and services -1.04 % -
SER 12.68 % -
SER Rental AR Provision 17.94 % -
SER Sales-Type Lease Adjustment 67.3 % -
SER InterEliminations -41.47 % -
SER Rental 18.02 % -
SER Equipment sales 26.53 % -
SER Parts sales and services -10.47 % -
STEM 3.82 % -
STEM InterEliminations 0.7 % -
STEM Equipment sales 4.45 % -
STEM Parts sales and services 16.68 % -
Total 9.33 % -76.25 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total -4.10 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total - -




Annual Report on Custom Truck One Source Inc Divisions, Sales by Country

 
United States   United States Segment contribution to total sales 97.96 % of total Revenue
Canada   Canada Segment contribution to total sales 2.04 % of total Revenue
Total rental revenue   Total rental revenue Segment contribution to total sales 26.04 % of total Revenue
Rental   Rental Segment contribution to total sales 26.04 % of total Revenue
Shipping and handling   Shipping and handling Segment contribution to total sales 1.32 % of total Revenue
Total sales and services   Total sales and services Segment contribution to total sales 73.96 % of total Revenue
Equipment sales   Equipment sales Segment contribution to total sales 67.1 % of total Revenue
Parts and services   Parts and services Segment contribution to total sales 6.86 % of total Revenue
ERS   ERS Segment contribution to total sales 36.06 % of total Revenue
TES   TES Segment contribution to total sales 56.34 % of total Revenue
APS   APS Segment contribution to total sales 7.6 % of total Revenue
Rental ERS   Rental ERS Segment contribution to total sales 25.3 % of total Revenue
Rental APS   Rental APS Segment contribution to total sales 0.74 % of total Revenue
Equipment sales ERS   Equipment sales ERS Segment contribution to total sales 10.76 % of total Revenue
Equipment sales TES   Equipment sales TES Segment contribution to total sales 56.34 % of total Revenue
Parts and services APS   Parts and services APS Segment contribution to total sales 6.86 % of total Revenue
Sales and Services Parts And Services Services To Customers   Sales and Services Parts And Services Services To Customers Segment contribution to total sales 1.59 % of total Revenue


Twelve months ended 2025
CTOS s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
United States 1,904.36 97.96 %
Canada 39.60 2.04 %
Total rental revenue 506.20 26.04 %
Rental 506.20 26.04 %
Shipping and handling 25.60 1.32 %
Total sales and services 1,437.76 73.96 %
Equipment sales 1,304.48 67.1 %
Total 1,943.96 100 %
Parts and services 133.28 6.86 %
ERS 701.05 36.06 %
TES 1,095.23 56.34 %
APS 147.68 7.6 %
Rental ERS 491.79 25.3 %
Rental APS 14.41 0.74 %
Equipment sales ERS 209.26 10.76 %
Equipment sales TES 1,095.23 56.34 %
Parts and services APS 133.28 6.86 %
Sales and Services Parts And Services Services To Customers 31.00 1.59 %


Twelve months ended 2025
CTOS s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -31.05 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
United States 8.5 % -
Canada -15.84 % -
Total rental revenue 14.28 % -
Rental 14.28 % -
Shipping and handling 23.94 % -
Total sales and services 5.77 % -
Equipment sales 6.66 % -
Total 7.86 % -
Parts and services -2.21 % -
ERS 17.27 % -
TES 3.77 % -
APS -0.93 % -
Rental ERS 14.33 % -
Rental APS 12.69 % -
Equipment sales ERS 24.83 % -
Equipment sales TES 3.77 % -
Parts and services APS -2.21 % -
Sales and Services Parts And Services Services To Customers 13.97 % -
Equipment Rental Solutions Segment - -
Truck And Equipment Sales Segment - -
Aftermarket Parts and Services Segment - -
Rental Equipment Rental Solutions Segment - -
Rental Aftermarket Parts and Services Segment - -
Equipment sales Equipment Rental Solutions Segment - -
Equipment sales Truck And Equipment Sales Segment - -
Parts and services Aftermarket Parts and Services Segment - -



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