Custom Truck One Source, Inc. (CTOS) Q2 2025 Earnings Conference Call Transcript

Custom Truck One Source, Inc. (NYSE:CTOS) Q2 2025 Earnings Call July 31, 2025 9:00 AM ET

Company Participants

Brian Perman – Vice President of Investor Relations
Christopher J. Eperjesy – Chief Financial Officer
Ryan McMonagle – CEO & Director

Conference Call Participants

Naim Gavriel Kaplan – Deutsche Bank AG, Research Division

Operator

Hello, and welcome to the Custom Truck One Source Inc. Second Quarter 2025 Earnings Conference Call. [Operator Instructions] Now I would like to turn the call over to Brian Perman. Brian, the floor is yours.

Brian Perman

Thank you. Before we begin, we would like to remind you that management’s commentary and responses to questions on today’s call may include forward-looking statements, which, by their nature, are uncertain and outside of the company’s control. Although these forward-looking statements are based on management’s current expectations and beliefs, actual results may differ materially.

For a discussion of some of the factors that could cause results to differ, please refer to the Risk Factors section of the company’s filings with the SEC. Additionally, please note that you can find reconciliations of the historical non-GAAP financial measures discussed during the call in the press release we issued yesterday afternoon. That press release and our second quarter investor presentation are posted on the Investor Relations section of our website.

We filed our second quarter 2025 10-Q with the SEC yesterday afternoon. Today’s discussion of our results of operations for Custom Truck One Source Inc., or Custom Truck, is presented on a historical basis as of or for the 3 months ended June 30, 2025, and prior periods.

Joining me today are Ryan McMonagle, CEO; and Chris Eperjesy, CFO. I will now turn the call over to Ryan.

Ryan McMonagle

Thank you, Brian, and welcome, everyone, to today’s call. Custom Truck had a very strong second quarter, delivering 21% revenue growth