Custom Truck One Source Inc
customtruck.comCustom Truck One Source (NYSE: CTOS) is a specialty equipment rental and sales company that provides truck-mounted aerial lifts, cranes, digger derricks, service trucks, trailers, and related machinery to infrastructure service providers across North America. Revenue comes from three streams: equipment sales (67.1% of FY2025 revenue at $1.30B), rental revenue (26.0% at $506.2M), and parts sales and services (6.9% at $133.3M), totaling $1.94B for the year ended December 31, 2025. The company operates across electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and general infrastructure end markets, serving utilities and contractors who maintain, repair, upgrade, and install critical infrastructure assets. As of December 31, 2025, the rental fleet comprised more than 10,400 units. The company was formed under its current name following the April 1, 2021 acquisition of Custom Truck One Source, L.P. by Nesco Holdings, Inc., which simultaneously rebranded and changed its NYSE ticker from NSCO to CTOS.
Products & Services
Truck-mounted specialty equipment including bucket trucks, digger derricks, boom trucks, knuckleboom trucks, rail trucks, roll-off trucks, vacuum trucks, cranes, cable placers, underground equipment, and pole trailers. Also offers aftermarket parts, repair and maintenance services, customization of heavy-duty trucks, tool testing and inspection, and personal protective equipment compliance services. Rental purchase options (RPOs) available on select units.
Revenue Model
Transactional and rental model across three segments: equipment rental (fixed-period contracts with optional rental purchase options that credit rental payments toward a declining buyout price), outright equipment sales of new and used units from rental fleet inventory, and parts sales plus repair and customization services. FY2025 total revenue was $1.94B, with equipment sales at 67.1%, rental revenue at 26.0%, and parts and services at 6.9%.
Customers & Markets
Utilities and infrastructure contractors across electric utility transmission and distribution, telecommunications, rail, commuter transit, forestry, waste management, and general infrastructure (surface transportation, highway, water, residential and non-residential waste). Customer base includes both end-user buyers of used equipment and rental customers preferring capital flexibility.
Geographic Exposure
North America, as described in the 10-K filed March 10, 2026. No country-level revenue breakdown disclosed in the excerpts.
Financial Snapshot
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