The earnings call reflects a strong performance in terms of sales growth and market expansion, highlighted by record revenues and strategic capacity increases. However, material cost pressures and increased operating costs due to new facility ramp-ups posed challenges, balancing the overall positive sentiment.

Company Guidance -

Q3 2025

During the second quarter of 2025, Hammond Power Solutions achieved record quarterly sales of $224 million, marking a 14% increase compared to the same period in 2024. This growth was primarily driven by a robust performance in the U.S. market, which experienced an 18% increase, while the Canadian market grew by approximately 5%. Despite facing faster-than-expected material cost increases, the company implemented a price increase in April to offset these costs, leading to a gross margin of 31%. Adjusted EBITDA saw a 2% rise to $33.396 million from $32.587 million in Q2 2024, while adjusted EPS was $1.72 for the quarter. Capital expenditures stood at $8 million for the quarter, contributing to a year-to-date total of $20 million, aligning with the company's annual expectations of $35 million to $40 million for 2025. The company also highlighted its strategic focus on expanding production capacity, with two new facilities in Mexico expected to impact operating costs positively as they ramp up production in the latter half of the year.

Record Quarterly Sales

Hammond Power Solutions reported record quarterly sales of $224 million, marking a 14% growth compared to Q2 2024. The U.S. market experienced its strongest growth, up more than 18% from the same quarter last year.

Gross Margin Performance

Despite cost headwinds, the company achieved a gross margin of 31% for the quarter, with continued strong customer and market activity.

Expansion and Capacity Increases

Two new facilities were constructed in Mexico, with expectations to ramp up production in the second half of the year. This is anticipated to benefit operating costs and increase capacity to around $1.1 billion in revenue.

External Recognitions

The company earned the Great Place to Work certification, including its Mexico facilities, and was honored by tED Magazine with the Best of the Best Marketing Awards.

Micron Brand Performance

The recently acquired Micron brand continued to perform well, with sales and margins slightly ahead of expectations.

Hammond Power Solutions (TSE:HPS.A) 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:HPS.A Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	1.66 / -	1.37	―	―	―
Jul 24, 2025	2025 (Q2)	1.81 / 1.12	1.98	-43.43% (-0.86)	―
May 01, 2025	2025 (Q1)	1.84 / 2.20	0.67	228.36% (+1.53)	―
Mar 20, 2025	2024 (Q4)	1.80 / 1.99	1.68	18.45% (+0.31)	―
Oct 29, 2024	2024 (Q3)	1.53 / 1.37	1.21	13.22% (+0.16)	―
Jul 25, 2024	2024 (Q2)	1.76 / 1.98	1.12	76.79% (+0.86)	―
Apr 29, 2024	2024 (Q1)	1.37 / 0.67	1.32	-49.24% (-0.65)	―
Mar 27, 2024	2023 (Q4)	1.24 / 1.68	1.53	9.80% (+0.15)	―
Oct 26, 2023	2023 (Q3)	1.19 / 1.21	0.97	24.74% (+0.24)	―
Aug 01, 2023	2023 (Q2)	1.17 / 1.12	0.55	103.64% (+0.57)	―

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:HPS.A Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	C$139.67	C$115.57	-17.25%
May 01, 2025	C$92.18	C$93.52	+1.45%
Mar 20, 2025	C$82.71	C$85.76	+3.70%
Oct 29, 2024	C$137.71	C$129.46	-5.99%

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 Hammond Power Solutions (TSE:HPS.A) report earnings?

Hammond Power Solutions (TSE:HPS.A) is schdueled to report earning on Oct 23, 2025, TBA (Confirmed).

What is Hammond Power Solutions (TSE:HPS.A) earnings time?

Hammond Power Solutions (TSE:HPS.A) earnings time is at Oct 23, 2025, TBA (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:HPS.A EPS forecast?

TSE:HPS.A EPS forecast for the fiscal quarter 2025 (Q3) is 1.66.

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