Expro Q4 2025 revenue hits USD 382.13 million as NLA revenue falls 14% to USD 130 million

Reuters02-19
Expro Q4 2025 revenue hits USD 382.13 million as NLA revenue falls 14% to USD 130 million

Expro reported Q4 2025 revenue of USD 382.13 million, net income of USD 6 million (2% margin) and adjusted EBITDA of USD 88 million (23.1% margin). Cash flow from operations was USD 57.07 million and free cash flow was USD 23.2 million; adjusted free cash flow was USD 28.41 million. The company also made a USD 20 million voluntary prepayment on its revolving credit facility. For FY 2025, Expro posted revenue of USD 1.61 billion, net income of USD 52 million (3% margin) and adjusted EBITDA of USD 353 million (22.0% margin). Operating cash flow was USD 210.17 million, free cash flow was USD 97.79 million and adjusted free cash flow was USD 126.87 million. Expro repurchased USD 40 million of shares (about 3.7 million shares at an average USD 10.81) and reported total order backlog of USD 2.5 billion at Dec. 31, 2025; liquidity was USD 551 million, with cash (including restricted cash) of USD 197 million and long-term borrowings of USD 79 million. In corporate and business updates, Expro highlighted a four-year USD 380 million North Africa contract for production optimization and well management services, and noted a five-year contract extension in Qatar for DAV Max and HyPR technologies. The company also cited the first deployment of iTONG in the Gulf of America during a customer trial, the deployment of its XRD Spider drilling spider in deepwater, and the opening of a new fluids laboratory in Namibia. For FY 2026, Expro guided to revenue of USD 1.6 billion to USD 1.65 billion, adjusted EBITDA of USD 355 million to USD 375 million, capital expenditure of USD 110 million to USD 120 million, and adjusted free cash flow of USD 125 million to USD 145 million, and said it intends to use at least 33% of free cash flow generated for capital returns to shareholders.

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: 0001437749-26-004624), on February 19, 2026, and is solely responsible for the information contained therein.

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