Willscot Holdings (WSC) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Willscot Holdings Corporation  (NASDAQ: WSC)
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services

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Description of Willscot Holdings's Business Segments


Willscot Mobile Mini Holdings Corp is a prominent provider in the modular space and portable storage solutions industry. The company is structured into three primary segments, each catering to a diverse range of customer needs across various sectors. Below is an extensive overview of these segments, along with a detailed description of their products and services.

Segments:

1. Modular Space Solutions:
This segment is the cornerstone of Willscots revenue generation, offering a plethora of products designed for flexibility and functionality. The modular space solutions encompass:

- Modular Offices: Full-service office spaces that can be tailored to specific dimensions and layouts to accommodate varying workforce sizes. These can include features such as private offices, meeting rooms, and open-plan spaces.
- Education Facilities: Modular classrooms designed for educational institutions, which provide versatile learning environments that can be scaled up or down based on enrollment needs.
- Temporary Housing and Healthcare Facilities: Units designed for on-site accommodations, including temporary housing for workers in remote locations and healthcare spaces adaptable for clinics or emergency response.

2. Portable Storage Solutions:
The portable storage segment focuses on secure, weather-resistant solutions for various industries, including construction, retail, and manufacturing. Key offerings include:

- Storage Containers: Available in various sizes, these containers serve as secure storage for tools, equipment, and materials at construction sites or industrial facilities.
- Site Offices: Mobile offices that can be transported directly to project sites, maintaining a conducive environment for project management and operations.
- Conex Boxes: Heavy-duty container boxes ideal for shipping and long-term storage, equipped with lockable doors for security.

3. Tank & Pump Solutions:
This segment is tailored to industries requiring fluid management. It includes:

- Tank Rentals: A range of tanks available for environmental, industrial, and construction uses. They can store various liquids, including water, fuel, and chemicals, with sizes varying according to customer specifications.
- Pump Rentals: High-quality pump systems for dewatering, fluid transport, and other related applications. These pumps are built to handle different types of fluids depending on the needs of the operation.

Products and Services:

1. Modular Offices and Classrooms:
Willscot offers versatile modular office configurations that are customizable to meet specific size and functionality needs. Their classrooms are equipped with essential amenities, ensuring a conducive learning space.

2. Storage Containers:
The range of portable storage containers provides solutions for temporary or long-term storage needs. These containers ensure the security of valuable items and are resistant to weather conditions.

3. Tank & Pump Rentals:
The company’s tank rental service features tanks suitable for diverse applications, including environmental and industrial needs. The pump rental service includes submersible pumps, diaphragm pumps, and other varieties to handle various fluids efficiently.

4. Special Event Solutions:
Willscot caters to the event industry by providing specialized mobile solutions such as portable restrooms, VIP suites, ticket booths, and concession stands tailored for festivals, concerts, and other large gatherings.

5. Construction Office Solutions:
Their integrated construction office solutions facilitate seamless site management. By providing mobile offices and storage units, Willscot assists construction firms in creating an organized and productive work environment.

6. Customized Solutions:
Understanding that each client has unique requirements, Willscot collaborates closely with customers to deliver bespoke solutions. This could include the design and construction of mobile labs, health clinics, or command centers for emergency response.

Conclusion:
Willscot Mobile Mini Holdings Corp stands out in the modular and portable storage solutions industry by offering a comprehensive array of products and services that are indispensable across various sectors, including healthcare, education, construction, and governmental operations. Their commitment to customized designs and flexibility ensures that they meet the evolving needs of their clients effectively. This commitment reflects in their unparalleled service delivery and adaptability, making them a leader in their field.


Composition of Willscot Holdings Corporation Revenues by Segments

 
Leasing revenue    77.56 % of total Revenue
Modular space leasing revenue    44.43 % of total Revenue
Portable storage leasing revenue    13.22 % of total Revenue
VAPS and third party leasing revenues    17.71 % of total Revenue
Other leasing-related revenue    2.21 % of total Revenue
Leasing and Services    95.7 % of total Revenue
Delivery and installation revenue    18.14 % of total Revenue
New unit sales revenue    1.64 % of total Revenue
Rental unit sales revenue    2.66 % of total Revenue
VAPS service    1.86 % of total Revenue
US    94.34 % of total Revenue
Canada    4.62 % of total Revenue
Mexico    1.04 % of total Revenue
Reportable Segment    100 % of total Revenue
VAPS and third-party leasing    17.71 % of total Revenue
Delivery revenue Reportable Segment    8.54 % of total Revenue
Installation revenue Reportable Segment    9.6 % of total Revenue
New units    1.64 % of total Revenue
New units Reportable Segment    1.64 % of total Revenue
Rental units    2.66 % of total Revenue
Rental units Reportable Segment    2.66 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Leasing revenue 425.52 77.56 %
Modular space leasing revenue 243.76 44.43 %
Portable storage leasing revenue 72.52 13.22 %
VAPS and third party leasing revenues 97.14 17.71 %
Other leasing-related revenue 12.10 2.21 %
Leasing and Services 525.04 95.7 %
Delivery and installation revenue 99.52 18.14 %
New unit sales revenue 8.99 1.64 %
Rental unit sales revenue 14.59 2.66 %
VAPS service 10.20 1.86 %
US 517.56 94.34 %
Canada 25.35 4.62 %
Mexico 5.72 1.04 %
Reportable Segment 548.63 100 %
VAPS and third-party leasing 97.14 17.71 %
Delivery revenue Reportable Segment 46.88 8.54 %
Installation revenue Reportable Segment 52.64 9.6 %
New units 8.99 1.64 %
New units Reportable Segment 8.99 1.64 %
Rental units 14.59 2.66 %
Rental units Reportable Segment 14.59 2.66 %
Total 548.63 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Leasing revenue -2.04 % -
Modular space leasing revenue -0.86 % -
Portable storage leasing revenue -5.86 % -
VAPS and third party leasing revenues 0.83 % -
Other leasing-related revenue -20.12 % -
Leasing and Services 0.38 % -
Delivery and installation revenue 12.25 % -
New unit sales revenue -59.91 % -
Rental unit sales revenue 3.75 % -
VAPS service 10.87 % -
US -2.54 % -
Canada 9.26 % -
Mexico 7.78 % -
Reportable Segment -1.95 % -
VAPS and third-party leasing 0.83 % -
Delivery revenue Reportable Segment -4.4 % -
Installation revenue Reportable Segment 32.85 % -
New units -59.91 % -
New units Reportable Segment -59.91 % -
Rental units 3.75 % -
Rental units Reportable Segment 3.75 % -
Total -1.95 % -75.95 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Reportable Segment 28.12 5.13 %
Total 28.12 5.13 %




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Reportable Segment -34.68 % -
Total -34.68 % -




Annual Report on Willscot Holdings Corporation Divisions, Sales by Country

 
Leasing revenue   Leasing revenue Segment contribution to total sales 76.66 % of total Revenue
Modular space leasing revenue   Modular space leasing revenue Segment contribution to total sales 43.73 % of total Revenue
Portable storage leasing revenue   Portable storage leasing revenue Segment contribution to total sales 14 % of total Revenue
Other leasing-related revenue   Other leasing-related revenue Segment contribution to total sales 1.51 % of total Revenue
Leasing and Services   Leasing and Services Segment contribution to total sales 93.71 % of total Revenue
Delivery and installation revenue   Delivery and installation revenue Segment contribution to total sales 17.05 % of total Revenue
New unit sales revenue   New unit sales revenue Segment contribution to total sales 3.42 % of total Revenue
Rental unit sales revenue   Rental unit sales revenue Segment contribution to total sales 2.88 % of total Revenue
US   US Segment contribution to total sales 93.89 % of total Revenue
Canada   Canada Segment contribution to total sales 5.17 % of total Revenue
Mexico   Mexico Segment contribution to total sales 0.93 % of total Revenue
Reportable Segment   Reportable Segment Segment contribution to total sales 100 % of total Revenue
VAPS and third-party leasing   VAPS and third-party leasing Segment contribution to total sales 17.43 % of total Revenue
Delivery revenue Reportable Segment   Delivery revenue Reportable Segment Segment contribution to total sales 9.01 % of total Revenue
Installation revenue Reportable Segment   Installation revenue Reportable Segment Segment contribution to total sales 8.03 % of total Revenue
New units   New units Segment contribution to total sales 3.42 % of total Revenue
New units Reportable Segment   New units Reportable Segment Segment contribution to total sales 3.42 % of total Revenue
Rental units   Rental units Segment contribution to total sales 2.88 % of total Revenue
Rental units Reportable Segment   Rental units Reportable Segment Segment contribution to total sales 2.88 % of total Revenue
VAPS and third-party leasing revenues   VAPS and third-party leasing revenues Segment contribution to total sales 17.43 % of total Revenue
VAPS service revenue   VAPS service revenue Segment contribution to total sales 1.69 % of total Revenue


Twelve months ended 2025
WSC s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Leasing revenue 1,749.02 76.66 %
Modular space leasing revenue 997.78 43.73 %
Portable storage leasing revenue 319.31 14 %
Other leasing-related revenue 34.39 1.51 %
Leasing and Services 2,137.91 93.71 %
Delivery and installation revenue 388.89 17.05 %
New unit sales revenue 77.94 3.42 %
Rental unit sales revenue 65.60 2.88 %
US 2,142.14 93.89 %
Canada 118.00 5.17 %
Mexico 21.31 0.93 %
Reportable Segment 2,281.45 100 %
VAPS and third-party leasing 397.55 17.43 %
Delivery revenue Reportable Segment 205.67 9.01 %
Installation revenue Reportable Segment 183.22 8.03 %
New units 77.94 3.42 %
New units Reportable Segment 77.94 3.42 %
Rental units 65.60 2.88 %
Rental units Reportable Segment 65.60 2.88 %
Total 2,281.45 100 %
VAPS and third-party leasing revenues 397.55 17.43 %
VAPS service revenue 38.60 1.69 %


Twelve months ended 2025
WSC s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -52.99 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Leasing revenue -4.94 % -
Modular space leasing revenue -1.32 % -
Portable storage leasing revenue -10.53 % -
VAPS and third party leasing revenues - -
Other leasing-related revenue -53.7 % -
Leasing and Services -5.35 % -
Delivery and installation revenue -7.16 % -
New unit sales revenue 4.62 % -
Rental unit sales revenue 5.01 % -
US -4.52 % -
Canada -5.72 % -
Mexico -21.14 % -
Reportable Segment -4.77 % -
VAPS and third-party leasing -0.02 % -
Delivery revenue Reportable Segment -8.33 % -
Installation revenue Reportable Segment -5.81 % -
New units 4.62 % -
New units Reportable Segment 4.62 % -
Rental units 5.01 % -
Rental units Reportable Segment 5.01 % -
Total -4.77 % -
VAPS and third party leasing - -
VAPS and third-party leasing revenues -0.02 % -
VAPS service revenue 9.66 % -
Leasing - -
Delivery - -
Installation - -



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