McGrath RentCorp

Overview McGrath RentCorp (the Company ) is a California corporation organized in 1979 with corporate offices located in Livermore, California. The Company’s common stock is traded on the NASDAQ Global Select Market under the symbol MGRC . References in this report to the Company , we , us , and ours refer to McGrath RentCorp and its subsidiaries, unless the context requires otherwise. The Company is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers and electronic test equipment. Although the Company’s primary emphasis is on equipment rentals, sales of equipment occur in the normal course of business. At December 31, 2025, the Company was comprised of four reportable business segments: (1) its modular building segment ( Mobile Modular ); (2) its portable storage container segment ( Portable Storage ); (3) its electronic test equipment segment ( TRS-RenTelco ); and (4) its classroom manufacturing business selling modular buildings used primarily as classrooms in California ( Enviroplex ).