Record-Breaking Adjusted EBITDA
Enerflex achieved a quarterly record for adjusted EBITDA of $130 million in Q2 2025, up from $122 million in Q2 2024 and $113 million in Q1 2025.
Strong Performance in Energy Infrastructure
The Energy Infrastructure business contributed significantly to gross margins, with $86 million before depreciation and amortization, compared to $77 million in Q2 2024.
Robust U.S. Contract Compression Fleet Growth
The U.S. contract compression fleet utilization remained above 90% for 14 consecutive quarters, with expectations to increase from 456,000 horsepower to over 475,000 horsepower by the end of the year.
Healthy Engineered Systems Backlog
Maintained a healthy $1.2 billion backlog for Engineered Systems, with ES bookings of $365 million in Q2 2025, up from $331 million in Q2 2024.
Reduced SG&A Expenses
SG&A expenses were reduced to $61 million, down $14 million from the prior year, due to cost-saving initiatives and improved operational efficiencies.