The earnings call reflects a strong positive sentiment with record-breaking revenue and EBITDA growth, robust organic growth, improved cash flow, and increased guidance. Despite some regulatory uncertainties and share dilution, the overall performance and outlook remain very optimistic.

Company Guidance -

Q3 2025

During Montrose Environmental's 2025 earnings call, the company provided robust financial guidance, highlighting a record-setting second quarter with 35% revenue growth and a 70% increase in consolidated adjusted EBITDA year-over-year. Revenue for the quarter reached $234.5 million, driven by strong organic growth across all segments and a significant $35 million contribution from environmental emergency response services. The company's EBITDA margin improved by 340 basis points to 16.9%, and they reported positive net income and GAAP EPS. Montrose raised its full-year guidance, expecting a 17% revenue increase over 2024 and a 19% growth in full-year adjusted EBITDA, indicating continued margin expansion. The company also achieved a $48.5 million increase in operating free cash flow in the first half compared to 2024. Additionally, Montrose completed a balance sheet simplification by fully redeeming preferred shares and reducing leverage below 3x. The CEO, Vijay Manthripragada, emphasized the effectiveness of the company's integrated business model and its focus on environmental science, which allows it to thrive through economic and political cycles, while CFO Allan Dicks noted the positive impacts of the company's strategic pause in acquisitions.

Record Revenue and EBITDA Growth

Montrose achieved a 35% revenue growth and 70% consolidated adjusted EBITDA growth year-over-year, with revenue reaching $234.5 million and adjusted EBITDA at $39.6 million.

Strong Organic Growth

The company experienced strong organic growth across all segments, with expectations to be at or above the high-end of the 7% to 9% target range for the year.

Cash Flow and Balance Sheet Improvement

Operating free cash flow increased by $48.5 million over the first half of 2024. Montrose redeemed preferred shares and reduced leverage below 3x ahead of schedule.

Increased Guidance

Montrose raised its 2025 revenue guidance to surpass 2024 by 17%, with adjusted EBITDA projected to grow 19%. This increase aligns with their goal of driving scalable profitability.

Positive Net Income

Reported positive GAAP net income of $18.4 million, compared to a net loss in the previous year, with a significant increase in GAAP earnings per share.

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

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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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