Stantec delivers strong second quarter 2026 results, expands margins and raises adjusted EBITDA outlook for 2026
Stantec reported Q2 net revenue of $1.8 billion, up 11.5% year-over-year, while adjusted EBITDA increased 17.1% to $332.9 million with a 90 basis point margin expansion to 18.7%. The company raised its 2026 adjusted EBITDA margin outlook to a range of 17.8% to 18.3%, citing strong project execution and cost management, as contract backlog reached a record $9.2 billion.
Key figures
- Eps
- 1.32
- Revenue
- $1.8 billion
- Guidance
- 2026 Adjusted EBITDA margin raised to 17.8% to 18.3%; Net revenue growth reaffirmed at 8.5% to 11.5%
- Revenue Yoy
- 11.5%
- Backlog
- $9.2 billion
- Adjusted eps
- 1.61
- Organic growth
- 3.7%
- Adjusted ebitda
- $332.9 million
- Buyback cost ytd
- $175.9 million
- Acquisition growth
- 7.1%
- Adjusted ebitda margin
- 18.7%
- Shares repurchased ytd
- 1667292
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.