Element Fleet Q2 FY26 net income dips 1% year over year to USD 110.91 million; net revenue rises 9% to USD 316.6 million

• Element Fleet Management posted Q2 2026 net income attributable to common shareholders of US$110.91 million, down 1% year-over-year; diluted EPS was US$0.28.
• Net revenue rose 9% from a year earlier to US$316.6 million, driven by growth across servicing income, net financing revenue, and syndication revenue.
• Operating expenses climbed 16% year-over-year to US$160.93 million, lifting pre-tax income margin down 3.2 percentage points to 46.3%.
• Non-IFRS adjusted net income attributable to common shareholders increased 16% to US$133.64 million; adjusted diluted EPS rose 12% to US$0.34.
• Originations fell 9% to US$1.72 billion; vehicles under management ended at 1,561,000, up from 1,512,000 a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Element Fleet Management Corporation published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.