Company: MGRC
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0000950170-25-098322
Chunk: 12

Company: MCGRATH RENTCORP
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 12
---

Rental related services revenues 61,647 8,025 1,727 - 71,399
Sales 62,974 2,956 15,692 27,079 108,701
Other 2,881 617 1,336 - 4,834
Total revenues 287,906 44,612 71,435 27,079 431,032
Costs of Revenues
Depreciation of rental equipment 21,294 2,070 19,567 - 42,931
Rental related services 40,190 8,237 1,363 - 49,790
Other 44,802 3,445 10,924 - 59,171
Costs of sales 42,926 1,879 8,343 18,842 71,990
Total costs of revenues 149,212 15,631 40,197 18,842 223,882
Gross profit 138,694 28,981 31,238 8,237 207,150
Significant Segment Expenses 3
Wages and benefits 29,734 6,933 5,810 2,411 44,888
Depreciation and amortization 7,101 749 35 204 8,089
Marketing and administrative expenses 9,598 3,352 2,678 1,173 16,801
Allocated corporate services 4 23,949 3,742 6,139 - 33,830
Other segment items 5 383 325 96 - 804
Total expenses 70,765 15,101 14,758 3,788 104,412
Income from operations 67,929 13,880 16,480 4,449 102,738
Interest expense (income) allocation 12,914 1,852 2,410 ( 1,222 15,954
Foreign currency exchange gain - - ( 86 - ( 86
Income before provision for income taxes $ 55,015 12,028 14,156 5,671 $ 86,870
Reconciliation of Segment Profit (Loss)
Total segment gross profit $ 207,150
Segment operating expenses, net 104,412
Interest expense allocation 15,954
Foreign currency exchange gain ( 86
Income before