U-Haul Holding Company (UHAL) Releases Q2 2026 Results

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.

U-Haul Holding Company (UHAL) Releases Q2 2026 Results

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.

While we acknowledge the potential of UHAL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UHAL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.