Want to see TSE:DXT full AI Analyst Report?
EarningsQ2 2026 Earnings Report
TSE:DXT Q2 2026 EPS Results
Actual EPSC$0.16
Consensus EPSC$0.16
Beat/MissMissed by -<C$0.01
One Year Ago EPSC$0.19
TSE:DXT Q2 2026 Revenue Results
Actual RevenueC$269.21M
Expected RevenueC$271.65M
Beat/MissMissed by -C$2.44M
YoY Revenue Growth+7.97%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeAfter Close
Conference CallTuesday, August 4, 2026
TSE:DXT Upcoming Earnings
Dexterra Group's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrayed a predominantly positive operational and financial performance: revenue (+8%), adjusted EBITDA (+9%), strong free cash flow ($22M), improved ABS margins (40%), high fleet utilization (>85%), and a ROE of 15.4% meeting targets. Near-term headwinds included lower wildfire activity reducing some revenue, a $5M decline in installation/demobilization activity, and early-stage timing uncertainty around larger data center opportunities. Investments in PVC are strategic but are equity-accounted and near-term cash neutral. Overall, the company presents solid growth, margin expansion and balance-sheet flexibility while managing timing- and project-driven variability.Company Guidance
Revenue Growth
Consolidated revenue of $269 million, up 8% year-over-year, driven by strong workforce accommodations occupancy, organic growth from new contract wins and contribution from the Right Choice acquisition.
Profitability Improvement
Adjusted EBITDA rose to $33 million, up 9% year-over-year, with company adjusted margins of 12% in Q2, reflecting higher mix toward workforce accommodation rental revenue and operational efficiency gains.
Support Services Strength
Support Services revenue of $226 million, up 10% versus Q2 2025; adjusted EBITDA in the segment increased 12% to $23 million and adjusted EBITDA margin held at 10%. Excluding Right Choice, Support Services revenue grew ~5% organically.
Asset Based Services Margin Expansion
Asset Based Services revenue of $43 million with higher-margin rental revenue up 13%; adjusted EBITDA increased 4% to $17 million and segment margin improved to 40% from 38% year-over-year, aided by a larger share of rental activity.
Free Cash Flow and Balance Sheet
Generated $22 million of free cash flow in Q2; net debt declined to $206 million from $225 million at prior quarter end (net debt down ~8.4% quarter-over-quarter). Net debt at 1.5x adjusted EBITDA, providing financial flexibility.
Return on Equity Target Achieved
Trailing 12-month return on equity of 15.4%, achieving the Company's 15% target and demonstrating strong shareholder returns.
Fleet Utilization and Capacity
Fleet utilization over 85% (market-leading), with available workforce accommodation equipment capacity of approximately 2,000 beds to support near-/medium-term growth opportunities.
Corporate Discipline and Capital Allocation
Corporate expenses represented 2.7% of revenue (slightly improved from 2.8% prior year) and management expects corporate costs to approximate 2.5% of revenue in 2026 while continuing dividend support ($0.10/share declared) and maintaining an active NCIB (up to 3 million shares).
TSE:DXT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed