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Hexagon Composites (HXGCF)
OTHER OTC:HXGCF
US Market

Hexagon Composites (HXGCF) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 12, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
-0.02
Last Year’s EPS
-0.31
Same Quarter Last Year
Based on 1 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted strategic initiatives and partnerships, alongside a strengthened balance sheet through an equity raise. However, the company is facing significant financial challenges, particularly in the Mobile Pipeline segment, and is operating in a challenging macroeconomic environment with cyclical downturns in key markets. The strategic steps and cost-saving measures are positive, but the current financial performance and market conditions are concerning.
Company Guidance
In the call, Hexagon Composites provided guidance for the forthcoming periods amid challenging market conditions. The company reported Q3 revenues of NOK 538 million, resulting in a negative EBITDA of NOK 54 million, exacerbated by severance costs of NOK 9 million. To address liquidity and profitability concerns, they initiated a substantial equity raise of NOK 590 million and a group-wide cost savings program aimed at reducing personnel costs by NOK 190 million on an annualized basis by the end of Q3 2025. This includes structural run rate improvements of NOK 70 million. Despite current challenges, Hexagon remains focused on its strategic goals of driving natural gas adoption for heavy-duty trucks, leveraging partnerships such as the one with Cummins and Clean Energy, and expanding its geographic and market reach. The company plans to limit CapEx to NOK 80 million in 2026 and aims for a working capital reduction of NOK 150 million to NOK 200 million in the first half of 2026. The outlook suggests that while Q4 is expected to improve, the company anticipates continued market softness into early 2026, with recovery contingent on macroeconomic factors and industry dynamics.
Equity Raise and Strengthened Balance Sheet
Hexagon Composites raised NOK 590 million in September to improve the balance sheet, alongside negotiating an updated bank agreement.
Cost Savings Program Implementation
A group-wide cost savings program reduced personnel costs by approximately NOK 190 million compared to 2024, with further cost reductions expected in upcoming quarters.
Strategic Partnerships and Initiatives
Formed a strategic partnership with Cummins and Clean Energy to launch Pioneer, focusing on mobility applications with alternative fuels. Launched a demo truck program to accelerate natural gas truck adoption.
Acquisition of SES Composites
Completed acquisition of SES Composites to strengthen the European Transit Bus segment with assets in Poland and Germany.

Hexagon Composites (HXGCF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

HXGCF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 12, 2026
2025 (Q4)
-0.02 / -
-0.309
Nov 06, 2025
2025 (Q3)
-0.07 / -0.08
0.001-8100.00% (-0.08)
Aug 14, 2025
2025 (Q2)
-0.05 / -0.08
-0.048-60.42% (-0.03)
May 15, 2025
2025 (Q1)
-0.07 / -0.26
-0.078-227.37% (-0.18)
Feb 13, 2025
2024 (Q4)
0.01 / -0.31
-0.3920.72% (+0.08)
Nov 07, 2024
2024 (Q3)
<0.01 / <0.01
-0.083101.21% (+0.08)
Aug 15, 2024
2024 (Q2)
-0.02 / -0.05
1.12-104.29% (-1.17)
May 08, 2024
2024 (Q1)
-0.04 / -0.08
-0.077-1.69% (>-0.01)
Feb 15, 2024
2023 (Q4)
-0.02 / -0.39
-0.044-778.38% (-0.35)
Nov 09, 2023
2023 (Q3)
-0.02 / -0.08
-0.031-169.61% (-0.05)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

HXGCF Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
$0.84$0.72-14.29%
Aug 14, 2025
$1.86$1.860.00%
May 15, 2025
$1.85$1.72-7.03%
Feb 13, 2025
$3.15$2.88-8.57%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hexagon Composites (HXGCF) report earnings?
Hexagon Composites (HXGCF) is schdueled to report earning on Feb 12, 2026, Before Open (Confirmed).
    What is Hexagon Composites (HXGCF) earnings time?
    Hexagon Composites (HXGCF) earnings time is at Feb 12, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is HXGCF EPS forecast?
          HXGCF EPS forecast for the fiscal quarter 2025 (Q4) is -0.02.