U-Haul Holding Company (NYSE:UHAL) is one of the Worst Performing Stocks to Invest in on the Dip. On November 5, the company released its results for Q2 2026, and consolidated revenue amounted to $1.71 billion, reflecting a rise from $1.65 billion in Q2 2025, with its self-moving equipment rental revenues rising $23.1 million YoY, and revenue per transaction increasing for both its In-Town and one-way markets.
Due to the changes in revenues and expenses, the earnings from operations fell to $217.6 million for Q2 2026 as compared to $302.0 million for Q2 2025. U-Haul Holding Company (NYSE:UHAL)’s total costs and expenses rose $146.2 million YoY during Q2 2026, with operating expenses for Moving and Storage rising $19.4 million.
The depreciation expense related to its rental fleet rose $50.6 million YoY for Q2 2026 because of a rise in the total number of box trucks in the fleet, along with anticipated decreases in resale values for some units presently in the fleet.
During Q2 2026, U-Haul Holding Company (NYSE:UHAL) added 23 locations with storage that translates to ~1.6 million new net rentable square feet, and it has 6.5 million square feet being actively developed throughout 116 projects.
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Disclosure: None. This article is originally published at Insider Monkey.
