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Ncs Multistage Holdings Inc (NCSM)
NASDAQ:NCSM
Earnings Data
Report Date
May 06, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.33Last Year’s EPS
1.51Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call presents a positive operational and financial story: the company delivered double-digit revenue growth, a 20% increase in adjusted EBITDA, strong free cash flow conversion (>70% of adjusted EBITDA), successful integration progress of the ResMetrics acquisition, and continued product commercialization and geographic expansion. Offsetting these positives are region-specific headwinds in Canada, modest margin compression, seasonal/back-half weighted earnings, lower free cash flow guidance for 2026 versus 2025, and external macro/geo-political risks that are not included in guidance. On balance, the company beat guidance in 2025, strengthened its balance sheet, and provided reasonable 2026 guidance while calling out manageable near-term risks.Company Guidance
Full-Year Revenue Growth
Fiscal 2025 revenue of $183.6M, up 13% year-over-year (10% ex-ResMetrics contribution), exceeding the high end of guidance.
Adjusted EBITDA Expansion
Adjusted EBITDA rose 20% year-over-year to $26.7M for FY2025, with adjusted EBITDA margin expanding to 14.5% from 13.7% a year earlier.
Strong Quarterly Performance
Q4 2025 revenue $50.6M (+13% YoY; +9% sequential), Q4 adjusted EBITDA $9.2M (adjusted EBITDA margin >18%), exceeding the high end of quarterly guidance.
High Free Cash Flow Conversion & Balance Sheet Strength
Generated $22M free cash flow in 2025 and $19M free cash flow after distributions (representing >70% conversion of adjusted EBITDA). Net cash position approx. $29.1M (cash $36.7M less debt $7.6M) and total liquidity ~ $61M (undrawn revolver availability $24.4M).
Successful Acquisition and Integration Progress (ResMetrics)
Acquired ResMetrics July 31, 2025; contributed $5.2M revenue in five months (Q4 contribution $2.9M). Commercial integration completed in U.S., lab IT systems upgraded, plan to centralize U.S. lab/manufacturing in Tulsa midyear; identified cost savings and revenue synergies.
Product Commercialization & New Market Wins
Multiple technology deployments and commercial wins: first Terrus AICV installation in Canada, StageSaver adoption and Repeat Precision growth, RapidTrace on-site tracer, Luminate samplers, SmartProp tracer expansion, and Raytec Propex sliding sleeve expected for deepwater Gulf of America later in the year.
Geographic Expansion
Revenue growth in U.S., Canada and international markets in 2025; orders from two new customers in Dutch sector of the North Sea; first well in Middle East using fracturing systems completed in 2025 and Repeat Precision sales in Middle East.
Improved Profitability & Tax Recognition
Net income improved to $23.7M (EPS $8.65) for FY2025 from $6.6M prior year, aided by release of deferred tax valuation allowances ($11.5M impact), and Q4 net income $15.0M (EPS $5.34) including $9.8M tax benefit.
2026 Guidance & Capital Allocation
Full-year 2026 guidance: revenue $184M–$194M, adjusted EBITDA $26M–$29M; targeting >50% adjusted EBITDA to free cash flow conversion and free cash flow after distributions $12M–$16M; gross capex guidance of $1.5M–$2.0M.
NCSM Earnings History
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
NCSM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | $39.65 | $44.44 | +12.08% |
Oct 29, 2025 | $40.16 | $37.35 | -7.00% |
Jul 31, 2025 | $30.67 | $31.64 | +3.16% |
Apr 30, 2025 | $29.51 | $34.03 | +15.32% |
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 Ncs Multistage Holdings Inc (NCSM) report earnings?
Ncs Multistage Holdings Inc (NCSM) is schdueled to report earning on May 06, 2026, TBA (Confirmed).
What is Ncs Multistage Holdings Inc (NCSM) earnings time?
Ncs Multistage Holdings Inc (NCSM) earnings time is at May 06, 2026, TBA (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 NCSM EPS forecast?
NCSM EPS forecast for the fiscal quarter 2026 (Q1) is 1.33.