Dexterra Group Inc. Announces Results for Q3 2026

(TSX:DXT) Dexterra Group Inc. reported consolidated revenue of $291.2 million for Q3 2026, an increase from $281.2 million in Q3 2025. The revenue growth was attributed to strong workforce accommodation occupancy, organic growth, and a full quarter contribution from Right Choice Camps and Catering Ltd., acquired on August 31, 2025, partially offset by reduced lower-margin installation and demobilization activity. Adjusted EBITDA for Q3 2026 was $38.1 million, up from $35.0 million in Q3 2025, reflecting an 8.7% increase due to growth in Support Services, a favorable shift toward higher-margin rental revenue in Asset Based Services (ABS), and a $1.3 million contribution from Pleasant Valley Corporation (PVC), compared to $0.9 million in Q3 2025. Free Cash Flow (FCF) for Q3 2026 was $38.3 million, compared to $38.0 million in Q3 2025. For the nine months ended September 30, 2026, FCF was $61.0 million, up from $35.7 million in the prior year, due to improved profitability and working capital management. Net Debt to Adjusted EBITDA ratio was 1.4x. Net earnings for Q3 2026 were $14.4 million, compared to $12.9 million in Q3 2025. Adjusted net earnings were $17.5 million and Adjusted EPS was $0.28 in Q3 2026, compared to $15.8 million and $0.25 in Q3 2025. Return on Equity for the trailing twelve months ended September 30, 2026 was 15.4%, up from 14.5% in the prior year. Dexterra declared a Q4 2026 dividend of $0.10 per share for shareholders of record at December 31, 2026, payable January 15, 2027. For Q3 2026, Support Services revenue was $252.6 million, up 8.1% over Q3 2025, with organic growth excluding Right Choice at 4.5%. Adjusted EBITDA for Support Services was $28.9 million, up 18% over Q3 2025, including a $1.3 million contribution from PVC. Adjusted EBITDA margin for Support Services was 11.5% in Q3 2026, compared to 10.5% in Q3 2025. For the nine months ended September 30, 2026, Support Services revenue was $713.1 million, up 11.8% over the prior year, with organic growth excluding Right Choice at 6.4%. US business revenue for the nine months ended September 30, 2026 was $74.4 million, up from $64.7 million in 2025. Adjusted EBITDA for Support Services for the nine months was $76.3 million, up 19.4% over 2025, including $4.2 million from PVC. Asset Based Services revenue for Q3 2026 was $38.7 million, with rental and other revenue up 2.3% and installation/demobilization revenue down $9.7 million from Q3 2025. Adjusted EBITDA for ABS was $15.9 million in Q3 2026, compared to $16.1 million in Q3 2025, with a margin of 41.1% versus 33.9%. For the nine months ended September 30, 2026, ABS revenue was $122.8 million, down 7.3% from 2025, and Adjusted EBITDA was $48.9 million, up 6.1%, with a margin of 39.8%. Net Debt at September 30, 2026 was $193.1 million, down from $199.7 million at December 31, 2025. Adjusted EBITDA conversion to FCF is expected to exceed 50% for the year. Total assets at September 30, 2026 were $771.9 million. Dexterra employs more than 9,000 people and provides support services across Canada and the US. The company will host a conference call and webcast on November 5, 2026 at 8:30 a.m. Eastern Time to discuss Q3 results.

Dexterra Group Inc. Announces Results for Q2 2026

(TSX: DXT) Dexterra Group Inc. reported consolidated revenue of $269.2 million in Q2 2026, compared to $249.3 million for the same period in 2025, driven by strong workforce accommodation occupancy, organic growth, and the addition of Right Choice Camps and Catering Ltd. Adjusted EBITDA for the quarter was $32.8 million (2025 - $30.0 million), an increase of 9.3% compared to Q2 2025, with contributions from Pleasant Valley Corporation of $1.4 million. Free Cash Flow for Q2 2026 was $21.8 million, a significant improvement from a deficit of $3.7 million in Q2 2025, reflecting a reduction in working capital. Net earnings were $10.3 million in Q2 2026, compared to $11.8 million in Q2 2025, while adjusted net earnings were $13.4 million and adjusted earnings per share was $0.20 in Q2 2026, compared to $14.4 million and $0.23, respectively, in Q2 2025. Dexterra declared a dividend for Q3 2026 of $0.10 per share for shareholders of record at September 30, 2026, to be paid on October 15, 2026. The company delivered a Return on Equity of 15.4% (Q2 2025 - 14.9%) on a trailing twelve-month basis. The company projects that adjusted EBITDA margins are expected to continue to exceed 9% over the long term and adjusted EBITDA conversion to FCF is expected to exceed 50% for the year.

Dexterra Group Inc. Announces Results for Q1 2026

Dexterra Group Inc. (TSX: DXT) reported consolidated revenue of $275.5 million in Q1 2026, up from $239.7 million in Q1 2025, driven by strong camp occupancy, organic growth, and the acquisition of Right Choice Camps and Catering Ltd. Adjusted EBITDA rose to $33.3 million from $25.2 million, a 32.3% increase, with net earnings at $13.6 million compared to $8.6 million in the prior year. The company declared a Q2 2026 dividend of $0.10 per share and plans to extend its NCIB program to repurchase up to approximately 3 million shares. Net debt increased to $224.6 million, and return on equity was 15.9% on a trailing twelve month basis. These results reflect profitable growth and ongoing capital allocation initiatives.