The earnings call presented a mix of positive developments and challenges. The defense and international segments showed strong growth and increased backlog, contributing positively to the company's outlook. However, the ITCS segment faced significant declines, affecting overall profitability. Despite these challenges, strategic measures and a robust backlog indicate potential for future growth.

Company Guidance

In the Calian Group's third quarter 2025 earnings call, the company reported a mixed performance, with significant growth in its defense sector, which now constitutes 50% of total revenues, up 19% over the trailing 12 months. The defense sector's organic growth was 12%, driven by increased demand in Canada and Europe. During the quarter, Calian's signed backlog increased by $640 million, with year-to-date contract signings exceeding $1 billion, contributing to a total backlog of $1.5 billion. Despite a 10% revenue decline in the ITCS segment, the company's consolidated revenues rose 4% to $192 million, with an adjusted EBITDA decrease of 5% to $19 million. The call highlighted the arrival of Chris Pogue to lead the newly merged Defense and Space business unit and emphasized strategic investments and M&A activities to leverage market opportunities and drive future growth.

Defense Business Growth

Defense revenues reached $373 million, up from $330 million in fiscal '24, marking a 19% increase on a trailing 12-month basis with 12% organic growth.

Significant Backlog Increase

Signed backlog grew by $640 million during the quarter, with a year-to-date contract signing surpassing $1 billion, resulting in a total backlog of $1.5 billion.

International Revenue Growth

44% of total revenues came from international customers in Q3, the highest quarter for international revenues in terms of both revenue dollars and percentage.

Gross Margin Improvement

Gross margin increased to 35% from 33% for the same period last year, marking the 13th consecutive quarter above 30%.

Cash Flow and Capital Efficiency

Cash flow from operations was $25 million, up from $14 million last year, with operating free cash flow at $12 million, representing a 63% conversion from adjusted EBITDA.

Calian Group (TSE:CGY) 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 >

TSE:CGY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 26, 2025	2025 (Q4)	0.84 / -	0.96	―	―	―
Aug 13, 2025	2025 (Q3)	0.95 / 1.00	0.891	12.23% (+0.11)	―	―
May 14, 2025	2025 (Q2)	1.09 / 0.93	1.338	-30.49% (-0.41)	―	―
Feb 13, 2025	2025 (Q1)	0.68 / 0.88	1.007	-12.61% (-0.13)	―	―
Nov 26, 2024	2024 (Q4)	1.19 / 0.96	1.07	-10.28% (-0.11)	―	―
Aug 07, 2024	2024 (Q3)	1.02 / 0.89	0.71	25.49% (+0.18)	―	―
May 14, 2024	2024 (Q2)	1.17 / 1.34	0.9	48.67% (+0.44)	―	―
Feb 14, 2024	2024 (Q1)	0.99 / 1.01	0.75	34.27% (+0.26)	―	―
Nov 27, 2023	2023 (Q4)	0.99 / 1.07	0.9	18.89% (+0.17)	―	―
Aug 10, 2023	2023 (Q3)	1.04 / 0.71	0.95	-25.26% (-0.24)	―	―

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

TSE:CGY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	C$50.39	C$48.66	-3.43%
May 14, 2025	C$48.01	C$39.48	-17.77%
Feb 13, 2025	C$48.73	C$44.09	-9.52%
Nov 26, 2024	C$46.82	C$46.78	-0.09%

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 Calian Group Ltd. (TSE:CGY) report earnings?

Calian Group Ltd. (TSE:CGY) is schdueled to report earning on Nov 26, 2025, During Market Hours (Confirmed).

What is Calian Group Ltd. (TSE:CGY) earnings time?

Calian Group Ltd. (TSE:CGY) earnings time is at Nov 26, 2025, During Market Hours (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 TSE:CGY EPS forecast?

TSE:CGY EPS forecast for the fiscal quarter 2025 (Q4) is 0.84.

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