EquipmentShare.com IPO: revenue, losses and offering terms from its S-1
EquipmentShare.com priced its IPO at $24.5 a share on 26 Jan 2026 and raised $747 million. Its shares trade on Nasdaq as EQPT. Revenue was $3.8 billion in 2024, up 47% from 2023, with a net profit of $2.4 million.
Headlines
- Revenue, 2024
- $3.8B
- Up 47% on the year before
- Net income, 2024
- $2M
- Revenue, First nine months of 2025
- $2.8B
- Up 27% on a year earlier
- IPO price
- $24.5
- $747M raised
EquipmentShare.com IPO terms
From the final prospectus (424B4).
- Exchange
- Nasdaq Global Select Market
- Ticker
- EQPT
- IPO price
- $24.5
- Shares offered
- 30,500,000
- Raised
- $747M
- Registered
- $894M, the amount the filing fee is paid on
- Underwriters
- Goldman Sachs & Co. LLC, Wells Fargo Securities, UBS Investment Bank, Citigroup and Guggenheim Securities
- First filed
- 9 Dec 2025
EquipmentShare.com revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2023 | $2.6B | - | $17M |
| 2024 | $3.8B | $218M | $2M |
| First nine months of 2024 | $2.2B | - | - |
| First nine months of 2025 | $2.8B | $118M | -$25M |
EquipmentShare.com share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 20 votes
- Employees
- 7,768
- Headquarters
- Starbase, Texas
EquipmentShare.com shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $24.5
- Priced 26 Jan 2026
- First close
- $29.92
- +22% on the IPO price
- Latest close
- $16.26
- -34% on the IPO price
EquipmentShare.com's IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from EquipmentShare.com's newest prospectus (424B4 filed 26 Jan 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.