
Custom Truck One Source benefits from surging demand for utility infrastructure driven by AI, data centers, and onshoring trends. CTOS's competitive moat lies in its extensive, young fleet and one-stop-shop model, enabling recurring revenue and high client retention. 1Q26 results exceeded expectations: revenue was up 9.3% YoY, adjusted EBITDA was up 33.4% YoY, and full-year EBITDA guidance was raised.









