Company Description
EquipmentShare.com Inc. (EQPT) is a construction technology and equipment solutions provider that focuses on connected jobsite technology and large-scale equipment rental. According to company disclosures, EquipmentShare is one of the largest construction equipment rental providers in the United States and operates a nationwide platform that combines physical equipment with proprietary software tools and telematics.
Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare aims to transform how construction projects are planned, managed and executed. The company highlights a technology-first operating model built around its proprietary platform, T3®, which is designed to empower contractors, builders and equipment owners with tools, data and insights. Through this approach, EquipmentShare seeks to improve productivity, efficiency and collaboration across the construction sector.
Business focus and technology platform
EquipmentShare describes itself as a construction technology and equipment solutions provider. Its business centers on connecting equipment, people and jobsites through a vertically integrated platform. The company states that its T3® technology underpins key operational functions, including deployment, service, maintenance and rental execution for equipment managed on its platform.
A core part of EquipmentShare’s offering is a fleet management platform supported by telematics devices. These tools are used to monitor and manage rental equipment and other assets across jobsites. The company also operates what it characterizes as a best-in-class equipment rental marketplace, giving customers access to a broad base of construction equipment that is managed and tracked through its technology stack.
Equipment rental and the OWN Program
In addition to traditional rental operations, EquipmentShare has developed the OWN Program, a capital and equipment ownership structure that supports the growth of its rental fleet. Under the OWN Program, third parties purchase rental equipment from EquipmentShare and lease those assets back to the company. EquipmentShare then manages the equipment on its nationwide rental platform, while owners receive a portion of the rental revenue generated by their assets.
The company reports that OWN Program participants benefit from EquipmentShare’s full operational control of the equipment, including deployment, service, maintenance and rental execution. These activities are powered by the T3® platform, which provides the data and workflow tools needed to operate a large, distributed rental fleet. EquipmentShare has also supported the OWN Program through asset-backed securitization transactions involving pools of rental equipment managed on its platform.
Nationwide presence and construction sector focus
EquipmentShare describes its operations as nationwide, serving contractors, builders and equipment owners across the United States. Its focus is on the construction sector, with an emphasis on connected jobsites and technology-enabled equipment management. By combining rental services, fleet management and telematics with its proprietary T3® platform, the company positions itself as a construction technology provider as well as an equipment rental operator.
According to company statements, EquipmentShare continues to expand its platform and rental footprint through a technology-first operating model and a disciplined approach to growth. The integration of software, hardware and rental operations is central to how the company presents its role in the construction industry.
IPO and listing plans for EQPT
EquipmentShare has announced plans for an initial public offering of its Class A common stock and has applied to list these shares on the Nasdaq Global Select Market under the ticker symbol EQPT. The offering is described as being subject to market conditions, and the company has indicated that there can be no assurance as to whether or when the offering may be completed, or the final size or terms. The EQPT symbol is intended to represent EquipmentShare’s Class A common stock on Nasdaq if the listing is completed.
Key features highlighted by EquipmentShare
- Construction technology focus: Emphasis on connected jobsite technology and data-driven insights for the construction sector.
- Proprietary T3® platform: A technology platform that supports fleet management, telematics, deployment, service, maintenance and rental execution.
- Nationwide rental operations: One of the largest construction equipment rental providers in the United States, operating a nationwide rental platform.
- Equipment rental marketplace: An equipment rental marketplace managed through T3® and supported by telematics devices.
- OWN Program: A program under which third parties purchase rental equipment and lease it back to EquipmentShare, with rental revenue shared and operations managed by the company.
How EquipmentShare presents its role in construction
In its public communications, EquipmentShare states that it is dedicated to transforming the construction industry through tools, platforms and data-driven insights. By integrating technology with equipment rental and management, the company aims to address common challenges on jobsites, such as equipment utilization, visibility into asset locations and conditions, and coordination among different project participants.
The company’s positioning as both a technology platform and an equipment rental provider reflects its focus on vertically integrated operations. T3® and telematics devices are used to support day-to-day activities, while programs like OWN are intended to support capital formation and fleet growth. Together, these elements form the basis of EquipmentShare’s description of its business model.
EQPT stock on Stock Titan
On Stock Titan, the EQPT overview page is designed to help investors and researchers understand how EquipmentShare describes its business, technology and role in the construction sector. Because the company’s initial public offering and listing are subject to market conditions, users should consult official offering documents and exchange listings to confirm the trading status of EQPT. The information presented here is based on company news releases and may not reflect subsequent developments.
Stock Performance
Equipmentshare.Com (EQPT) stock last traded at $20.33. Over the past 12 months, the stock has lost 37.6%. At a market capitalization of $5.4B, EQPT is classified as a mid-cap stock with approximately 251.3M shares outstanding.
Latest News
Equipmentshare.Com has 6 recent news articles. Of the recent coverage, 0 articles coincided with positive price movement and 2 with negative movement. Key topics include earnings, conferences, IPO, offering. View all EQPT news →
SEC Filings
Equipmentshare.Com has filed 5 recent SEC filings, including 2 Form 4, 1 Form 3, 1 Form 10-K, 1 Form 8-K. The most recent filing was submitted on April 3, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all EQPT SEC filings →
Financial Highlights
Equipmentshare.Com generated $2.4B in revenue over the trailing twelve months, retaining a 50.8% gross margin, operating income reached $297.0M (12.2% operating margin), and net income was $40.0M, reflecting a 1.6% net profit margin. Diluted earnings per share stood at $0.01. The company generated $264.0M in operating cash flow. With a current ratio of 1.97, the balance sheet reflects a strong liquidity position.
Upcoming Events
Short Interest History
Short interest in Equipmentshare.Com (EQPT) currently stands at 4.6 million shares, up 14.1% from the previous reporting period, representing 15.1% of the float. Over the past 12 months, short interest has increased by 112.4%. This moderate level of short interest indicates notable bearish positioning. The 5.8 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Equipmentshare.Com (EQPT) currently stands at 5.8 days, up 52.5% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 478% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 5.8 days.
EQPT Company Profile & Sector Positioning
Equipmentshare.Com (EQPT) operates in the Rental & Leasing Services industry within the broader Services-equipment Rental & Leasing, Nec sector and is listed on the NASDAQ.