Herc Holdings Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR15(d) OF THE SECURITIES EXCHANGE ACTOF1934 For the quarterly period ended March 31, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION13 OR15(d) OF THE SECURITIES EXCHANGE ACTOF1934 (Exact name of registrant as specified in its charter) 27500 Riverview Center Blvd.Bonita Springs, Florida 34134(239)301-1000(Address, including Zip Code, and telephone number,including area code, of registrant's principal executive offices) Not Applicable(Former name, former address and former fiscal year,if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or15(d) of the SecuritiesExchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company" and "emerging growth company" in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As of April24, 2026, there were 33,393,051 shares of the registrant's common stock, $0.01 par value, outstanding. HERC HOLDINGS INC. AND SUBSIDIARIES TABLE OF CONTENTS Cautionary Note Regarding Forward-Looking Statements1PART I. FINANCIAL INFORMATIONITEM 1.Financial Statements2Condensed Consolidated Balance Sheets as of March 31, 2026and December 31, 20252Condensed Consolidated Statements of Operations for the Three Months EndedMarch 31, 2026 and 20253Condensed Consolidated Statements of Comprehensive Income(Loss) for the Three Months Ended March31, 2026 and 20254Condensed Consolidated Statements of Changes in Equity for the Three Months EndedMarch 31, 2026 and 20255Condensed Consolidated Statements of Cash Flows for the Three Months EndedMarch 31, 2026 and 20256Notes to Condensed Consolidated Financial Statements8ITEM 2.Management's Discussion and Analysis of Financial Condition and Results of Operations23ITEM 3.Quantitative and Qualitative Disclosures About Market Risk29ITEM 4.Controls and Procedures29PART II. OTHER INFORMATIONITEM 1.Legal Proceedings30ITEM 1A.Risk Factors30ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds30ITEM 5.Other Information30ITEM 6.Exhibits31SIGNATURE32 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q for the period ended March31, 2026 (this "Report") includes "forward-looking statements,"within the meaning of Section 21E of the Securities Exchange Act, as amended, and the Private Securities Litigation Reform Act of1995. Forward-looking statements are generally identified by the words "estimates," "expects," "anticipates," "projects," "plans,""intends," "believes," "forecasts," "looks," and future or conditional verbs, such as "will," "should," "could" or "may," as well asvariations of such words or similar expressions. All forward-looking statements are based upon our current expectations and variousassumptions and apply only as of the date of this Report. Our expectations, beliefs and projections are expressed in good faith and webelieve there is a reasonable basis for them. However, there can be no assurance that our expectations, beliefs and projections will beachieved. You should not place undue reliance on the forward-looking statements. Factors that could cause actual results to differ materially from those projected include, but are not limited to, the following: •the cyclical nature of our industry and our dependence on the levels of capital investment and maintenance expenditures byour customers;•the competitiveness of our industry, including the potential downward pricing pressures or the inability to increase prices;•our dependence on relationships with key suppliers;•our heavy reliance on communication networks, centralized information technology systems and third party technology andservices and our ability to maintain, upgrade or replace our information technology systems;•our ability to respond adequately to changes in technology and cu