The earnings call reflects a positive outlook with strong financial performance, significant backlog, and strategic advancements in the new build program, despite some increased costs and potential market delays.

Company Guidance -

Q3 2025

During the Q2 2025 earnings call for Great Lakes Dredge & Dock Corp., the company reported a strong financial performance with revenues of $193.8 million and an adjusted EBITDA of $28 million. Their dredging backlog stood at a robust $1 billion, bolstered by $215.4 million in pending awards and options. The company initiated a $50 million share repurchase program, having repurchased 1.3 million shares for $11.6 million by the end of June. Capital expenditures for the quarter totaled $64.6 million, with investments in new hopper dredges, Amelia Island and Acadia, the latter being the first U.S. flagged Jones Act-compliant subsea rock installation vessel. The company increased its revolving credit facility by $30 million to $330 million, enhancing liquidity to $272 million. With strong project execution and a favorable market outlook, Great Lakes Dredge & Dock expects 2025 to be a record year for both revenue and net income, with significant cash flow growth anticipated in 2026 as the newbuild program concludes.

Strong Financial Performance

Revenues of $193.8 million and adjusted EBITDA of $28 million in Q2 2025, marking an increase from the previous year.

Robust Backlog

Dredging backlog remains strong at $1 billion, with 93% coming from capital and coastal protection projects, plus an additional $215.4 million in awards and options pending.

High Utilization and Project Wins

High equipment utilization and successful bid strategy leading to a large number of project wins, supporting high asset utilization and solid revenue generation.

New Build Program Progress

The new hopper dredge, Amelia Island, expected to be delivered soon, and the subsea rock installation vessel, Acadia, made a key milestone with launch from dry dock.

Share Repurchase Program

$50 million share repurchase program initiated, with $11.6 million spent on repurchasing 1.3 million shares.

Great Lakes Dredge & Dock (GLDD) 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 >

GLDD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.15 / -	0.13	―	―	―
Aug 05, 2025	2025 (Q2)	0.09 / 0.14	0.11	27.27% (+0.03)	―
May 06, 2025	2025 (Q1)	0.26 / 0.49	0.31	58.06% (+0.18)	―
Feb 18, 2025	2024 (Q4)	0.23 / 0.29	0.32	-9.38% (-0.03)	―
Nov 05, 2024	2024 (Q3)	0.18 / 0.13	-0.09	244.44% (+0.22)	―
Aug 06, 2024	2024 (Q2)	0.02 / 0.11	0.03	266.67% (+0.08)	―
May 07, 2024	2024 (Q1)	0.07 / 0.31	-0.05	720.00% (+0.36)	―
Feb 14, 2024	2023 (Q4)	0.10 / 0.32	-0.47	168.09% (+0.79)	―
Nov 07, 2023	2023 (Q3)	-0.12 / -0.09	-0.15	40.00% (+0.06)	―
Aug 01, 2023	2023 (Q2)	-0.10 / 0.03	-0.06	150.00% (+0.09)	―

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

GLDD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$10.63	$11.45	+7.71%
May 06, 2025	$9.54	$10.00	+4.82%
Feb 18, 2025	$11.00	$8.98	-18.36%
Nov 05, 2024	$11.61	$11.61	0.00%

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 Great Lakes Dredge & Dock (GLDD) report earnings?

Great Lakes Dredge & Dock (GLDD) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Great Lakes Dredge & Dock (GLDD) earnings time?

Great Lakes Dredge & Dock (GLDD) earnings time is at Nov 11, 2025, 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 GLDD EPS forecast?

GLDD EPS forecast for the fiscal quarter 2025 (Q3) is 0.15.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing