Expro reported FY 2025 revenue of USD 1.61 billion, down 6.2%, and net income of USD 51.69 million, broadly in line with the prior year. Adjusted EBITDA rose 1.6% to USD 353.02 million, with Adjusted EBITDA margin improving to 22.0% (from 20.3%). Net cash provided by operating activities increased to USD 210.17 million in FY 2025. By segment in FY 2025, revenue was USD 558.03 million in NLA, USD 486.90 million in ESSA, USD 363.62 million in MENA, and USD 198.55 million in APAC. Segment EBITDA margins were 23.8% (NLA), 30.7% $(ESSA)$, 36.5% (MENA) and 21.5% $(APAC)$. Expro said the increase in Adjusted EBITDA margin despite lower revenue reflected a more favorable activity mix, particularly in ESSA and MENA. In Q4 2025, Expro posted total revenue of USD 382.13 million. Q4 Segment EBITDA was USD 31.80 million (NLA), USD 40.04 million (ESSA), USD 36.12 million (MENA) and USD 6.95 million (APAC), with segment margins of 24.4%, 34.4%, 38.8% and 16.4%, respectively. Income before income taxes in Q4 2025 was USD 13.38 million. On corporate and capital updates, Expro ended 2025 with total available liquidity of USD 550.90 million, including USD 197.50 million of cash and restricted cash. The company estimated 2026 capital expenditures of USD 110.00 million to USD 120.00 million, after spending USD 112.40 million in FY 2025. Expro’s board approved a new USD 100.00 million stock repurchase program running from October 30, 2025 through December 31, 2026; the company repurchased about 3.7 million shares for USD 40.10 million during FY 2025. Expro also entered a new senior secured revolving credit facility in July 2025 with up to USD 500.00 million in commitments and a July 30, 2029 maturity, and said voluntary prepayments reduced the drawn balance to USD 79.10 million as of December 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expro Group Holdings NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-004727), on February 19, 2026, and is solely responsible for the information contained therein.
Comments