The earnings call highlighted strong revenue growth and strategic advancements in product innovation and market expansion, particularly in defense and ISR markets. However, there were challenges such as a decline in gross margins and increased operating expenses that impacted operating income and adjusted EBITDA. Despite these challenges, the company is optimistic about continuing its growth trajectory.

Company Guidance

During Haivision's third quarter 2025 earnings call, the company provided guidance indicating strong future growth expectations. Haivision aims to maintain double-digit revenue growth, returning to its historical CAGR of around 20% per year. The company anticipates achieving double-digit EBITDA growth from 2026 through 2029. In Q3 2025, Haivision reported a 14.3% increase in revenue to $35 million compared to the previous year, although year-to-date revenue remained slightly behind by 1.9%. Recurring revenue increased by 12% year-over-year, reflecting a healthy 20.9% of Q3 revenue. Gross margins for the quarter were 72%, a 300 basis point decrease primarily due to the timing of U.S. Navy contract deliveries. Despite a $3.1 million rise in total expenses, driven by sales compensation, R&D investments, and currency impacts, Haivision is optimistic about its trajectory, with plans to achieve operational efficiencies and higher EBITDA margins as revenues grow. Looking forward, Haivision plans to maintain a flat OpEx in 2025 while delivering continued double-digit revenue growth, setting the stage for a promising fiscal 2026 and beyond.

Double-Digit Revenue Growth

Q3 fiscal 2025 revenue was $35 million, up 14.3% or $4.4 million over last year. The company expects to maintain double-digit revenue growth into fiscal 2026 and beyond.

Strong Performance in Control Room Solutions

Revenue from control room solutions, excluding third-party components, has surpassed last year's levels. Third-party component sales are down to 1/3 of last year's level.

Recurring Revenue Growth

Recurring revenue from maintenance, support contracts, and cloud services increased by 12% year-over-year, representing 20.9% of Q3 revenue.

Product Innovations and Industry Recognition

Launch of next-generation AI-based hardware, Kraken X1, and next-generation transmitter platform, Falkon X2. Haivision won the prestigious IBC Innovation Award for live 5G video at the Paris Summer Games.

Strategic Growth in Defense and ISR Markets

Significant contracts in defense markets and increased activity with NATO and other international partners, showing leadership in private 5G networking.

Haivision Systems (TSE:HAI) 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:HAI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jan 28, 2026	2025 (Q4)	0.04 / -	0.07	―	―	―
Sep 10, 2025	2025 (Q3)	0.02 / 0.01	0.01	0.00% (0.00)	―	―
Jun 11, 2025	2025 (Q2)	0.02 / -0.08	0.03	-366.67% (-0.11)	―	―
Mar 13, 2025	2025 (Q1)	0.01 / -0.04	0.04	-200.00% (-0.08)	―	―
Jan 15, 2025	2024 (Q4)	0.08 / 0.07	0.08	-12.50% (>-0.01)	―	―
Sep 11, 2024	2024 (Q3)	0.06 / 0.01	-0.03	133.33% (+0.04)	―	―
Jun 12, 2024	2024 (Q2)	0.05 / 0.03	-0.05	160.00% (+0.08)	―	―
Mar 14, 2024	2024 (Q1)	0.04 / 0.04	-0.05	180.00% (+0.09)	―	―
Jan 17, 2024	2023 (Q4)	0.04 / 0.08	-0.04	300.00% (+0.12)	―	―
Sep 13, 2023	2023 (Q3)	-0.05 / -0.03	-0.15	80.00% (+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

TSE:HAI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Sep 10, 2025	C$4.66	C$5.17	+10.94%
Jun 11, 2025	C$4.70	C$4.40	-6.38%
Mar 13, 2025	C$4.21	C$4.37	+3.80%
Jan 15, 2025	C$5.36	C$4.70	-12.31%

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 Haivision Systems, Inc. (TSE:HAI) report earnings?

Haivision Systems, Inc. (TSE:HAI) is schdueled to report earning on Jan 28, 2026, After Close (Confirmed).

What is Haivision Systems, Inc. (TSE:HAI) earnings time?

Haivision Systems, Inc. (TSE:HAI) earnings time is at Jan 28, 2026, After Close (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:HAI EPS forecast?

TSE:HAI EPS forecast for the fiscal quarter 2025 (Q4) is 0.04.

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