The earnings call highlighted strong performance with record backlog growth, robust order intake, and increased product support revenue across all regions. These positive aspects are tempered by challenges such as a decline in used equipment sales and margin pressures in South America. Overall, the company's strategic execution appears to be yielding positive results, although certain areas like used equipment sales and operational costs in South America present ongoing challenges.

Company Guidance

During Finning International Inc.'s Second Quarter 2025 Investor Call, significant guidance was provided regarding their strategic execution and financial performance. The company reported a sequential revenue increase of 6% from Q1, amounting to $2.6 billion, highlighting strong market resilience. The new equipment backlog reached a record $3 billion, with notable growth in Canada, where orders surged by over 80% year-over-year. Product support revenue grew across all regions, particularly in Canada, where mining support revenues increased by 10% year-over-year. The quarter's SG&A margin was 15.5%, reflecting a rise in long-term incentive plan expenses due to a 44% share price appreciation. Despite severance costs of $12 million for organizational restructuring, adjusted EPS rose by 5% to $1.01, excluding $0.05 per share from discontinued operations. The company's capital efficiency improved, with invested capital turns at 2.3x and a working capital to sales ratio of 26.4%, signaling an ongoing commitment to cost control and capital optimization. Looking forward, Finning plans to leverage its substantial equipment backlog and focus on sustainable growth in its core dealership operations, particularly within its Power Systems segment, which now boasts a backlog exceeding $1 billion.

Record Backlog Growth

The new equipment backlog grew to $3 billion at the end of June, marking the fifth consecutive quarter of backlog growth and a new record. This increase provides confidence for future business opportunities.

Strong Order Intake

Order intake outpaced deliveries in all regions, with Canada showing more than an 80% increase over the same quarter last year. Strong orders were seen across all segments, including construction, mining, and power.

Product Support Revenue Growth

Q2 product support revenue grew in all regions, with a 4% increase in Canada led by mining and 4% in South America driven by mining activity.

Power Systems Backlog Surge

The Power Systems backlog now exceeds $1 billion, with a significant increase of 88% from last year. This backlog reflects a diversified mix of prime power packages and data center standby packages.

SG&A Margin Efficiency

SG&A margin was reported at 15.5%, with expected annual future savings of over $20 million from streamlining efforts in Canada.

Finning International (TSE:FTT) 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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TSE:FTT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	1.03 / -	0.93	―	―	―
Aug 05, 2025	2025 (Q2)	1.08 / 1.01	1.02	-0.98% (-0.01)	―	―
May 12, 2025	2025 (Q1)	0.89 / 0.99	0.84	17.86% (+0.15)	―	―
Feb 04, 2025	2024 (Q4)	0.86 / 1.02	0.96	6.25% (+0.06)	―	―
Nov 12, 2024	2024 (Q3)	1.04 / 0.93	1.07	-13.08% (-0.14)	―	―
Aug 06, 2024	2024 (Q2)	0.99 / 1.02	1	2.00% (+0.02)	―	―
May 06, 2024	2024 (Q1)	0.85 / 0.84	0.89	-5.62% (-0.05)	―	―
Feb 06, 2024	2023 (Q4)	0.97 / 0.96	0.89	7.87% (+0.07)	―	―
Nov 06, 2023	2023 (Q3)	1.00 / 1.07	0.97	10.31% (+0.10)	―	―
Aug 08, 2023	2023 (Q2)	0.93 / 1.00	0.8	25.00% (+0.20)	―	―

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:FTT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	C$61.31	C$57.82	-5.69%
May 12, 2025	C$41.98	C$47.76	+13.77%
Feb 04, 2025	C$35.91	C$40.44	+12.61%
Nov 12, 2024	C$40.70	C$36.99	-9.12%

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 Finning International (TSE:FTT) report earnings?

Finning International (TSE:FTT) is schdueled to report earning on Nov 10, 2025, Before Open (Confirmed).

What is Finning International (TSE:FTT) earnings time?

Finning International (TSE:FTT) earnings time is at Nov 10, 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 TSE:FTT EPS forecast?

TSE:FTT EPS forecast for the fiscal quarter 2025 (Q3) is 1.03.

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