Expro Group Holdings N.V. delivered solid third-quarter results, with revenue of $411 million and a net income of $14 million. The company demonstrated strong operational excellence, achieving an Adjusted EBITDA of $94 million and an Adjusted EBITDA margin of 22.8%. Free cash flow was robust at $39 million, with Adjusted free cash flow reaching $46 million, representing an 11% margin. Expro also returned $25 million to shareholders through share repurchases and increased its full-year guidance for Adjusted EBITDA and Adjusted Free Cash Flow, reflecting confidence in its business resilience despite a softer market.
Revenue for the third quarter of 2025 was $411 million, with a net income of $14 million and a net income margin of 3%.
Adjusted EBITDA reached $94 million, with an Adjusted EBITDA margin of 22.8%, ranking among the top in its peer group.
The company generated $39 million in free cash flow and $46 million in Adjusted free cash flow, with an Adjusted free cash flow margin of 11%.
Expro increased its full-year 2025 guidance for Adjusted EBITDA to between $350 million and $360 million and Adjusted Free Cash Flow to between $110 million and $120 million.
Expro Group Holdings N.V. has increased its full-year 2025 guidance for Adjusted EBITDA and Adjusted Free Cash Flow, reflecting confidence in continued margin improvements and capital efficiency despite softer market conditions. The company expects revenue between $1,600 million and $1,650 million.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance