Expro Group Reports Strong Q1 2025 Results

Expro Group Holdings N.V. ( (XPRO) ) has released its Q1 earnings. Here is a breakdown of the information Expro Group Holdings N.V. presented to its investors.

Expro Group Holdings N.V. is a leading provider of energy services, specializing in well construction, flow management, subsea well access, and well intervention solutions for both onshore and offshore environments across more than 50 countries.

In its first quarter of 2025, Expro reported solid financial results despite a challenging winter season, with revenues reaching $391 million. The company achieved its highest first quarter Adjusted EBITDA since its merger with Frank’s in 2021, highlighting continued margin improvements.

Key financial metrics for the quarter included an Adjusted EBITDA of $76 million, representing a 20% margin, and a net income of $14 million. The company also secured significant contracts totaling $272 million, showcasing its commitment to integrating advanced technologies and enhancing operational efficiency.

Looking ahead, Expro remains optimistic about its medium-term prospects, with guidance for the second quarter of 2025 indicating revenues between $400 to $410 million and Adjusted EBITDA between $80 to $90 million. The company aims to maintain its strategic focus on cost-effective, technology-enabled services to drive sustainable growth and value for stakeholders.

Expro’s management is cautiously optimistic about the future, acknowledging near-term uncertainties but confident in the company’s positioning for long-term success in the dynamic energy services industry.