The earnings call reflects a strong performance with significant growth and strategic acquisitions. Despite some challenges in the U.S. market and concerns about Thames Water, Stantec has increased its guidance and demonstrated robust financial metrics and market position.

Company Guidance -

Q3 2025

During the second quarter of 2025, Stantec reported robust financial performance, demonstrating strong growth across various metrics. The company achieved a net revenue of $1.6 billion, marking a 6.9% increase year-over-year, driven by 4.8% organic growth. The Energy & Resources segment showed high single-digit organic growth, while the Water business achieved a remarkable 12.4% organic growth. Adjusted EBITDA increased by 15%, with a margin enhancement to 17.8%, and adjusted EPS grew by over 21% compared to the same quarter in 2024. Regionally, the U.S. saw a 5.7% rise in net revenue, with 4.4% organic growth, and Canada reported a 6.2% net revenue growth, entirely from organic sources. The global segment experienced a 10.5% net revenue increase, supported by 4.3% organic growth and 3.6% acquisition growth. Stantec's contract backlog reached $7.9 billion, reflecting a nearly 10% year-over-year increase, with 9% organic growth. Additionally, the company's net debt to adjusted EBITDA ratio remained stable at 1.1x, and operating cash flows doubled to $235 million. In light of these strong results, Stantec updated its guidance for 2025, anticipating net revenue growth between 10% and 12%, and adjusted EBITDA margins between 17% and 17.4%.

Acquisition and Expansion

Stantec successfully closed the acquisition of Page, a U.S.-based architecture and engineering firm, and Cosgroves, a 90-person firm in New Zealand, expanding its capabilities in key growth sectors such as health care, advanced manufacturing, and data centers. Additionally, Ryan Hanley was acquired to bolster offerings in the Irish water sector.

Strong Organic Growth

Stantec reported a 4.8% organic growth in Q2 2025, with significant contributions from Energy & Resources and Water, which achieved 12.4% organic growth. The company delivered net revenue of $1.6 billion, up 6.9% year-over-year.

Improved Financial Performance

Stantec's adjusted EBITDA grew by 15% with a margin of 17.8%. Adjusted EPS increased over 21% compared to Q2 2024. Year-to-date operating cash flows doubled from $117 million in 2024 to $235 million in 2025.

Increased Guidance

Based on strong performance, Stantec increased its 2025 net revenue growth guidance to 10% to 12% from 7% to 10% and adjusted EBITDA margin to 17% to 17.4%.

Robust Backlog

Stantec's contract backlog stood at $7.9 billion, reflecting approximately 12 months of work, with a nearly 10% year-over-year growth, driven by strong demand in Water and Energy & Resources.

Stantec (STN) 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 >

STN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	1.10 / -	0.942	―	―	―
Aug 13, 2025	2025 (Q2)	0.98 / 0.99	0.811	21.43% (+0.17)
May 14, 2025	2025 (Q1)	0.79 / 0.84	0.652	28.89% (+0.19)
Feb 25, 2025	2024 (Q4)	0.73 / 0.80	0.594	35.37% (+0.21)
Nov 07, 2024	2024 (Q3)	0.90 / 0.94	0.826	14.04% (+0.12)
Aug 07, 2024	2024 (Q2)	0.81 / 0.81	0.717	13.13% (+0.09)
May 08, 2024	2024 (Q1)	0.62 / 0.65	0.529	23.29% (+0.12)
Feb 28, 2024	2023 (Q4)	0.62 / 0.59	0.594	0.00% (0.00)
Nov 09, 2023	2023 (Q3)	0.70 / 0.83	0.623	32.56% (+0.20)
Aug 09, 2023	2023 (Q2)	0.68 / 0.72	0.601	19.28% (+0.12)

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

STN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$108.74	$106.12	-2.41%
May 14, 2025	$94.58	$99.38	+5.08%
Feb 25, 2025	$76.11	$83.46	+9.66%
Nov 07, 2024	$84.15	$80.22	-4.67%

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 Stantec Inc (STN) report earnings?

Stantec Inc (STN) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Stantec Inc (STN) earnings time?

Stantec Inc (STN) earnings time is at Nov 06, 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 STN EPS forecast?

STN EPS forecast for the fiscal quarter 2025 (Q3) is 1.1.

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