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Herc (HRI) Revenue & Revenue Breakdown

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Herc Revenue Highlights

Latest Revenue (Y)

$4.38B

Latest Revenue (Q)

$1.30B

Main Segment (Y)

Equipment Rental

Main Geography (Y)

UNITED STATES

Herc Revenue by Period

Herc Revenue by Year

DateRevenueChange
2025-12-31$4.38B22.65%
2024-12-31$3.57B8.71%
2023-12-31$3.28B19.78%
2022-12-31$2.74B32.18%
2021-12-31$2.07B16.38%
2020-12-31$1.78B-10.89%
2019-12-31$2.00B1.13%
2018-12-31$1.98B12.66%
2017-12-31$1.75B12.84%
2016-12-31$1.55B-7.35%
2015-12-31$1.68B-5.21%
2014-12-31$1.77B2.01%
2013-12-31$1.74B7.92%
2012-12-31$1.61B-80.62%
2011-12-31$8.30B9.73%
2010-12-31$7.56B6.49%
2009-12-31$7.10B-16.70%
2008-12-31$8.53B-1.85%
2007-12-31$8.69B7.78%
2006-12-31$8.06B-

Herc generated $4.38B in revenue during NA 2025, up 22.65% compared to the previous quarter, and up 245.66% compared to the same period a year ago.

Herc Revenue by Quarter

DateRevenueChange
2025-09-30$1.30B30.14%
2025-06-30$1.00B16.38%
2025-03-31$861.00M13.74%
2024-12-31$757.00M-21.55%
2024-09-30$965.00M13.80%
2024-06-30$848.00M5.47%
2024-03-31$804.00M-3.37%
2023-12-31$832.00M-8.37%
2023-09-30$908.00M13.22%
2023-06-30$802.00M8.38%
2023-03-31$740.00M-5.85%
2022-12-31$786.00M5.50%
2022-09-30$745.00M16.41%
2022-06-30$640.00M12.68%
2022-03-31$568.00M-1.73%
2021-12-31$578.00M5.01%
2021-09-30$550.40M12.12%
2021-06-30$490.90M8.18%
2021-03-31$453.80M-12.80%
2020-12-31$520.40M13.95%
2020-09-30$456.70M24.10%
2020-06-30$368.00M-15.64%
2020-03-31$436.20M-19.24%
2019-12-31$540.10M6.30%
2019-09-30$508.10M6.95%
2019-06-30$475.10M-0.13%
2019-03-31$475.70M-12.51%
2018-12-31$543.70M5.33%
2018-09-30$516.20M6.32%
2018-06-30$485.50M12.57%
2018-03-31$431.30M-12.28%
2017-12-31$491.70M7.45%
2017-09-30$457.60M10.05%
2017-06-30$415.80M6.78%
2017-03-31$389.40M-3.90%
2016-12-31$405.20M0.40%
2016-09-30$403.60M6.10%
2016-06-30$380.40M4.05%
2016-03-31$365.60M-13.45%
2015-12-31$422.40M-2.18%
2015-09-30$431.80M2.15%
2015-06-30$422.70M5.33%
2015-03-31$401.30M-16.67%
2014-12-31$481.60M-

Herc generated $1.30B in revenue during Q3 2025, up 30.14% compared to the previous quarter, and up 153.77% compared to the same period a year ago.

Herc Revenue Breakdown

Herc Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Equipment Rental$4.22B$3.19B$2.87B$2.55B$1.91B
Service and Other Revenue$34.00M$31.00M$28.00M$25.80M$19.50M
Sales of Revenue Earning Equipment$509.00M$311.00M$346.00M$125.70M$113.10M
Other Rental Revenue$398.00M$327.00M$293.00M--
New Equipment, Parts and Supplies$63.00M$37.00M$38.00M$35.80M$30.10M

Herc's latest annual revenue breakdown by segment (product or service), as of Dec 25: Equipment Rental (80.80%), Sales of Revenue Earning Equipment (9.73%), Other Rental Revenue (7.61%), New Equipment, Parts and Supplies (1.20%), and Service and Other Revenue (0.65%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Service and Other Revenue$6.00M$13.00M$9.00M$6.00M$7.00M$9.00M$8.00M$7.00M$6.00M$8.00M$7.00M$7.00M$7.00M$7.40M$6.30M$5.10M$6.00M$5.60M$4.80M$3.10M
Equipment Rental$1.31B$1.12B$1.05B$739.00M$839.00M$866.00M$765.00M$719.00M$749.00M$765.00M$702.00M$654.00M$713.10M$706.20M$605.40M$526.80M$542.40M$519.60M$448.00M$400.40M
New Equipment, Parts and Supplies$17.00M$18.00M$17.00M$11.00M$9.00M$9.00M$10.00M$9.00M$9.00M$11.00M$10.00M$8.00M$8.70M$10.00M$9.40M$7.70M$7.60M$8.60M$7.80M$6.10M
Other Rental Revenue$110.00M$122.00M$93.00M$73.00M$87.00M$89.00M$80.00M$71.00M------------
Sales of Revenue Earning Equipment$147.00M$151.00M$106.00M$105.00M$96.00M$81.00M$65.00M$69.00M$68.00M$124.00M$83.00M$71.00M$57.20M$21.50M$19.30M$27.70M$22.00M$16.60M$30.30M$44.20M

Herc's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Equipment Rental (82.42%), Sales of Revenue Earning Equipment (9.23%), Other Rental Revenue (6.91%), New Equipment, Parts and Supplies (1.07%), and Service and Other Revenue (0.38%).

Herc Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
UNITED STATES$4.13B$3.31B$3.02B$2.50B$1.91B
Non-US$246.00M$254.00M$263.00M$240.20M$166.40M

Herc's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (94.38%), and Non-US (5.62%).

Herc Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
OMABGrupo Aeroportuario del Centro Norte$14.46B$3.76B
ALKAlaska Air Group$14.24B$3.77B
CARAvis Budget Group$11.65B$3.52B
IEPIcahn Enterprises$9.19B$2.73B
BCOBrink's$5.26B$1.33B
GVAGranite Construction$4.42B$1.43B
HRIHerc$4.38B$1.30B
ECGEverus Construction Group$3.75B$986.82M
ENSEnerSys$3.58B$919.13M
WSCWillScot$2.28B$566.84M
MRCYMercury Systems$912.02M$232.87M

HRI Revenue FAQ

What is Herc’s yearly revenue?

Herc's yearly revenue for 2025 was $4.38B, representing an increase of 22.65% compared to 2024. The company's yearly revenue for 2024 was $3.57B, representing an increase of 8.71% compared to 2023. HRI's yearly revenue for 2023 was $3.28B, representing an increase of 19.78% compared to 2022.

What is Herc’s quarterly revenue?

Herc's quarterly revenue for Q3 2025 was $1.3B, a 30.14% increase from the previous quarter (Q2 2025), and a 35.13% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $1B, a 16.38% increase from the previous quarter (Q1 2025), and a 18.16% increase year-over-year (Q2 2024). HRI's quarterly revenue for Q1 2025 was $861M, a 13.74% increase from the previous quarter (Q4 2024), and a 7.09% increase year-over-year (Q1 2024).

What is Herc’s revenue growth rate?

Herc's revenue growth rate for the last 3 years (2023-2025) was 33.33%, and for the last 5 years (2021-2025) was 111.10%.

What are Herc’s revenue streams?

Herc's revenue streams in c 25 are Equipment Rental, Service and Other Revenue, Sales of Revenue Earning Equipment, Other Rental Revenue, and New Equipment, Parts and Supplies. Equipment Rental generated $4.22B in revenue, accounting 80.80% of the company's total revenue, up 32.49% year-over-year. Service and Other Revenue generated $34M in revenue, accounting 0.65% of the company's total revenue, up 9.68% year-over-year. Sales of Revenue Earning Equipment generated $509M in revenue, accounting 9.73% of the company's total revenue, up 63.67% year-over-year. Other Rental Revenue generated $398M in revenue, accounting 7.61% of the company's total revenue, up 21.71% year-over-year. New Equipment, Parts and Supplies generated $63M in revenue, accounting 1.20% of the company's total revenue, up 70.27% year-over-year.

What is Herc’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Herc was Equipment Rental. This segment made a revenue of $4.22B, representing 80.80% of the company's total revenue.