North American Construction Group swings to Q3 2026 net loss of CAD 24 million
NOA•North American Construction Group reported a Q3 2026 net loss of CAD 24 million. Combined revenue rose 12% year over year to CAD 438 million, and 2026 guidance targets combined revenue of CAD 1.7–1.8 billion and adjusted EBITDA of CAD 370–400 million.
1. Quarterly results and guidance
Q3 2026 adjusted EPS fell 62% year over year to CAD 0.25, as higher financing costs offset IMC’s contribution. Adjusted EBITDA rose to CAD 100 million, with Australian operating costs offsetting IMC growth and improved Canadian utilization. For 2026, the company targets combined revenue of CAD 1.7–1.8 billion and adjusted EBITDA of CAD 370–400 million.
