Concrete Pumping Holdings Reports Q2 2025 Financial Results

Concrete Pumping Holdings ( (BBCP) ) has released its Q2 earnings. Here is a breakdown of the information Concrete Pumping Holdings presented to its investors.

Concrete Pumping Holdings, Inc., a leading provider of concrete pumping services in the U.S. and U.K., reported its financial results for the quarter ended April 30, 2025. The company operates through its subsidiaries Brundage-Bone and Camfaud, offering services to the commercial, infrastructure, and residential sectors, and Eco-Pan, which provides industrial cleanup services.

In the latest earnings report, Concrete Pumping Holdings experienced a decline in revenue, reporting $93.96 million for the quarter, down from $107.06 million in the same period last year. The company also recorded a net loss of $4,000, compared to a net income of $3.05 million in the previous year. The decrease in revenue was attributed to lower service and lease variable revenues, although lease fixed revenue saw an increase.

Key financial metrics highlighted in the report include a gross profit of $36.18 million, down from $41.77 million, and an operating income of $8.26 million, compared to $12.05 million in the prior year. The company also noted a significant increase in interest expenses, which contributed to the overall net loss. Additionally, the company completed a refinancing of its debt, issuing $425 million in senior secured notes due 2032 to replace its previous 2026 notes.

Looking ahead, Concrete Pumping Holdings remains focused on optimizing its operations and managing costs amid challenging market conditions. The management is committed to leveraging its strategic position in the industry to drive future growth and improve financial performance.