The earnings call presented a balanced view with significant achievements in revenue growth, backlog expansion, and product support, countered by challenges in used equipment sales, increased SG&A expenses, and market-specific issues in South America and construction. The company's strategic focus on cost control and capital efficiency indicates a proactive approach to mitigating these challenges.

Company Guidance -

Q3 2025

During Finning International Inc.'s Second Quarter 2025 Investor Call, key guidance metrics were highlighted, illustrating the company's strong performance and strategic focus. The company reported a 6% sequential increase in revenue from Q1 2025, reaching $2.6 billion, and a record new equipment backlog of $3 billion, marking the fifth consecutive quarter of backlog growth. Product support revenue increased in all regions, with Canada seeing a 4% rise, led by a 10% year-over-year and 3% sequential growth in mining product support revenues. South American product support revenues grew by 4% in functional currency, supported by strong mining activity. The U.K. and Ireland experienced a 1% increase in functional currency product support revenues. Despite a 43% decrease in used equipment sales, rental revenue rose by 4%, with a notable 10% increase in Canada compared to Q2 2024. The company also reported an SG&A margin of 15.5% and invested capital turns of approximately 2.3x. Adjusted EBIT margins were 10.1% in South America, 9.4% in Canada, and 5.2% in the U.K. and Ireland. The adjusted EPS rose by 5% from Q2 2024 to $1.01, reflecting lower finance costs and share repurchases, despite higher LTIP expenses. Looking forward, Finning aims to maximize product support, enhance full-cycle resilience, and pursue growth in rental, used, and power systems, with a strategic focus on cost and capital optimization.

Revenue Growth

Sequential revenue growth of 6% from Q1 2025 to $2.6 billion, demonstrating strong business performance and market resilience.

Record Equipment Backlog

New equipment backlog reached $3 billion at the end of June, marking the fifth consecutive quarter of backlog growth and a new record for the company.

Canadian Market Strength

Order intake in Canada increased by more than 80% over the same quarter last year, with significant growth across all segments, particularly in construction.

Product Support Revenue Growth

Product support revenue increased across all regions, with notable growth in Canada (4%) and South America (4%) driven by strong mining activity.

Power Systems Backlog Expansion

Power Systems backlog exceeded $1 billion, reflecting an 88% increase from the previous year, driven by diversified orders in prime power, oil and gas, and data center segments.

Adjusted EPS Improvements

Adjusted EPS of $1.01, up 5% from Q2 2024, supported by lower finance costs and share repurchases.

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

Daily Earnings Calendar >

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$61.64	C$58.13	-5.69%
May 12, 2025	C$42.20	C$48.02	+13.79%
Feb 04, 2025	C$36.10	C$40.66	+12.63%
Nov 12, 2024	C$40.91	C$37.19	-9.09%

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 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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