Expro Announces Second Quarter 2026 Results
Expro reported Q2 revenue of $393 million and Adjusted EBITDA of $76 million, reflecting a sequential recovery from the first quarter despite persistent impacts from the Middle East conflict. The company raised its full-year revenue guidance to $1.65B-$1.70B and increased its Adjusted FCF outlook, driven by the closure of the $215 million Enhanced Drilling acquisition and a robust view of the offshore market.
Key figures
- Eps
- 0.02
- Revenue
- 393000000
- Guidance
- FY 2026 Revenue $1.65B-$1.70B (raised from $1.60B-$1.65B); Adjusted EBITDA $355M-$365M (lowered from $355M-$375M); Adjusted FCF $135M-$145M (raised from $125M-$145M)
- Liquidity
- 492000000
- Net income
- 2028000
- Adjusted ebitda
- 76000000
- Acquisition cost
- $215 million
- Operating income
- 10371000
- Share repurchases
- 20000000
- Adjusted ebitda margin
- 19.3%
- Adjusted free cash flow
- 56000000
AI analysis
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