McGrath RentCorp (MGRC) Q2 FY26 earnings call

The company reported mixed Q2 FY26 results, with strong rental operations growth in Mobile Modular and TRS-RenTelco offsetting declines in equipment sales due to project timing. Mobile Modular saw sequential utilization improvement, while TRS-RenTelco benefited from data center demand. Portable Storage continued to face headwinds from local commercial construction. Management remains focused on organic growth initiatives, strategic M&A, and shareholder returns, maintaining its full-year revenue and adjusted EBITDA midpoints.