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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 861M | 13.7% |
| Gross Profit | 278M | 54.4% |
| Cost of Revenue | 583M | 1% |
| Operating expense | 151M | 3.8% |
| Net Income | -18M | 60.9% |
| EBITDA | 259M | 8.4% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 7.71B | 2.2% |
| Total Liabilities | 6.35B | 2.1% |
| Total Equity | 1.36B | 2.7% |
| Shares Outstanding | 29M | 0% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 171M | 48.3% |
| Cash from financing | -73M | 39.7% |
EPS
Financial Highlights for Herc Holdings in Q1 '25
Herc Holdings reported a revenue of 861M, which is a 13.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 278M, marking a 54.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 583M, a 1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 151M, showing a -3.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -18M, showing a 60.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 259M, showing a 8.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Herc Holdings with growth in revenue, gross profit, and net income.
