The earnings call presented a mixed outlook with significant challenges posed by revenue decline, decreased profit margins, and increased costs due to tariffs. However, the company is optimistic about its growth prospects, given the expansion of its sales pipeline and strategic innovations. Despite the current financial setbacks, DIRTT is focusing on operational efficiency and safety, while expanding product offerings and market reach.
Company Guidance
During the second quarter of 2025, DIRTT Environmental Solutions faced macroeconomic challenges, including tariff-driven costs and delayed contracts, leading to a 6% decrease in revenue to $38.9 million compared to the same period in 2024. The gross profit margin fell from 37.3% to 27.8%, significantly impacted by tariffs on exports to the U.S. and lower revenue volumes. Operating expenses rose by 6% to $15.2 million, primarily due to increased litigation and compensation costs, while net loss after tax was $6.6 million, a stark contrast to the previous year's net income of $0.6 million. The adjusted EBITDA showed a $2 million loss, down from a $3.2 million gain in 2024. The company ended the quarter with $23.1 million in unrestricted cash, and its 12-month forward sales pipeline increased by 12% to $311 million. Looking ahead, DIRTT expects to mitigate tariff impacts by the fourth quarter and anticipates a return to positive adjusted EBITDA, driven by strategic growth initiatives and a strong sales pipeline.
Increased Sales Pipeline
DIRTT's 12-month forward sales pipeline increased by 12% to $311 million from $278 million at the start of 2025, the first time in over two years exceeding $300 million.
Successful Project with Integrated Solutions Team
DIRTT's integrated solutions team supported a partner in securing an $11 million project and an additional $4 million opportunity with a Fortune 200 client in the semiconductor space.
Expansion and Product Innovation
DIRTT expanded into new markets with a new one-hour fire-rated wall for healthcare and life sciences and introduced office pods to meet changing workplace demands.
Operational Efficiency and Safety
Achieved a 99% on-time in-full delivery performance and maintained a strong safety record with a total recordable incident rate 62% lower than the industry average.
DIRTT Environmental Solutions (DRTTF) 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
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
DRTTF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 30, 2025
$0.64
$0.58
-9.38%
May 07, 2025
$0.70
$0.60
-14.29%
Feb 26, 2025
$0.74
$0.78
+5.41%
Nov 06, 2024
$0.67
$0.63
-5.97%
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 DIRTT Environmental Solutions (DRTTF) report earnings?
DIRTT Environmental Solutions (DRTTF) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).
What is DIRTT Environmental Solutions (DRTTF) earnings time?
DIRTT Environmental Solutions (DRTTF) earnings time is at Nov 05, 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.