The earnings call highlighted Montrose's impressive revenue and EBITDA growth, strong organic growth, improved margins, and successful financial strategies. Despite some regulatory uncertainty and a temporary pause in acquisitions, the company's outlook remains positive with increased guidance for 2025.

Company Guidance -

Q3 2025

During the Montrose Environmental Group's second quarter 2025 earnings call, the company raised its guidance for the year, projecting a 17% increase in revenue compared to 2024, with full-year adjusted EBITDA growth expected to be 19% higher than the previous year. The quarter saw record performance with revenue reaching $234.5 million, a 35% year-over-year increase, and consolidated adjusted EBITDA growing by 70% to $39.6 million. The company achieved a 340 basis point improvement in margins, driven by robust organic growth across all segments, including a significant $35 million boost from an environmental emergency response for a large energy client. Montrose also reported a positive net income of $18.4 million and a $0.42 GAAP EPS, marking a substantial improvement from a net loss in the previous year. The company emphasized its commitment to organic growth, margin expansion, and cash flow generation, expecting to achieve operating cash flow greater than 50% of consolidated adjusted EBITDA for the year.

Record Revenue and EBITDA Growth

The company achieved a 35% year-over-year revenue growth and 70% growth in consolidated adjusted EBITDA. Revenue for the second quarter was $234.5 million, driven by strong organic growth across all segments and contributions from acquisitions.

Strong Organic Growth and Increased Guidance

Montrose expects 2025 revenue to surpass 2024 by 17%, with full-year adjusted EBITDA projected to grow 19%. The company achieved strong organic growth in the first half of 2025 and expects to be at or above the high end of its long-term target range of 7% to 9%.

Improved Margins and Cash Flow

EBITDA margin improved by 340 basis points to 16.9%. Operating free cash flow increased by $48.5 million over the first half of 2024. The company expects cash flow from operations to be greater than 50% of consolidated adjusted EBITDA in 2025.

Successful Balance Sheet Simplification

Montrose completed the redemption of preferred shares and brought leverage below 3x, achieving this goal 6 months ahead of schedule.

Positive Net Income and EPS

Reported positive GAAP net income of $18.4 million or $0.42 of GAAP earnings per diluted share, compared to a net loss in the prior year period.

Montrose Environmental Group (MEG) 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

Daily Earnings Calendar >

MEG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.04 / -	-0.39	―	―	―
Aug 06, 2025	2025 (Q2)	-0.18 / 0.42	-0.39	207.69% (+0.81)
May 07, 2025	2025 (Q1)	-0.39 / -0.64	-0.53	-20.75% (-0.11)
Feb 26, 2025	2024 (Q4)	-0.50 / -0.90	-0.18	-400.00% (-0.72)
Nov 06, 2024	2024 (Q3)	-0.08 / -0.39	-0.39	0.00% (0.00)
Aug 06, 2024	2024 (Q2)	-0.19 / -0.39	-0.38	-2.63% (-0.01)
May 07, 2024	2024 (Q1)	-0.39 / -0.53	-0.63	15.87% (+0.10)
Feb 29, 2024	2023 (Q4)	-0.29 / -0.18	-0.5	64.00% (+0.32)
Nov 07, 2023	2023 (Q3)	-0.21 / -0.39	-0.33	-18.18% (-0.06)
Aug 08, 2023	2023 (Q2)	-0.27 / -0.38	-0.4	5.00% (+0.02)

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

MEG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$22.61	$24.53	+8.49%
May 07, 2025	$15.05	$17.70	+17.61%
Feb 26, 2025	$17.44	$23.13	+32.63%
Nov 06, 2024	$24.39	$23.67	-2.95%

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 Montrose Environmental Group (MEG) report earnings?

Montrose Environmental Group (MEG) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Montrose Environmental Group (MEG) earnings time?

Montrose Environmental Group (MEG) earnings time is at Nov 11, 2025, After Close (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 MEG EPS forecast?

MEG EPS forecast for the fiscal quarter 2025 (Q3) is 0.04.

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