Expro Q2 FY26 returns to profit at $2 million; revenue rises to $393 million
XPRO•Guidance
Expro guided for Q3 revenue of $435 million-$455 million.
For the full year, the company sees revenue of $1.65 billion-$1.7 billion with adjusted EBITDA of $355 million-$365 million.
Q2 results and cash flow
Expro posted Q2 revenue of $393 million with net income of $2 million.
- Adjusted EBITDA (non-GAAP) totaled $76 million, yielding a 19.3% margin.
- Operating cash flow was $81 million; free cash flow reached $50 million, while adjusted free cash flow (non-GAAP) was $56 million.
- The company repurchased $20 million of stock.
- Liquidity ended the quarter at $492 million, including $200 million in cash.
