Flagship explainer

How EquipmentShare.com Inc makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.0B · 100%Cost of revenue$3.1B · 154%Gross profit$1.2B · 61%Operating income$297M · 15%Income before tax$54M · 3%Income tax$14M · 1%Net income$40M · 2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.0B100%
Cost of revenue$3.1B154%
$1.2B61%
$297M15%
Income before tax$54M3%
Income tax$14M1%
$40M2%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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