The earnings call reflects a positive sentiment with strong revenue and earnings growth, successful diversification benefits, and progress in strategic projects, despite some production challenges and higher financing costs.

Company Guidance -

Q3 2025

During the second quarter of 2025, Polaris Renewable Energy Inc. demonstrated significant growth in several key metrics. The company reported consolidated power production of 215,797 megawatt hours, a substantial increase from 186,886 megawatt hours in the same period of 2024. Key contributors included the Punta Lima Wind Project in Puerto Rico, which produced 17,814 megawatt hours, and the hydroelectric facilities in Peru, which generated 54,778 megawatt hours. Revenue for the quarter reached $21.6 million, up from $18.7 million in the previous year, while adjusted EBITDA improved to $15.4 million from $13.3 million. Net earnings also rose significantly to $2.2 million from $985,000 in Q2 2024. The company announced a quarterly dividend of $0.15 per share to be paid on August 22. Additionally, Polaris is focusing on growth and development projects, particularly the ASAP battery program in Puerto Rico and the Canoa 1 expansion in the Dominican Republic, aiming to enhance shareholder value through strategic initiatives.

Increased Power Generation

Consolidated power production for the quarter was 215,797 megawatt hours versus 186,886 megawatt hours for the same period in 2024.

Revenue Growth

Revenue was $21.6 million during the 3 months ended June 30, compared to $18.7 million in the same period in 2024.

Adjusted EBITDA Improvement

Adjusted EBITDA of $15.4 million for the quarter, compared to $13.3 million last year.

Net Earnings Increase

Net earnings for the quarter was $2.2 million compared to $985,000 for Q2 '24.

Dividend Announcement

A quarterly dividend of $0.15 per share will be paid on August 22 to shareholders of record on August 11.

Positive Diversification Impact

Full quarter benefits from the Punta Lima Wind Project and improved hydrology in Peru and Ecuador.

Efficiency Gains

Costs continue to be contained and below inflation due to efficiency gains.

Battery Project Progress in Puerto Rico

Confidence in the ASAP program contract submission with the expectation of approval and potential COD by mid-next year.

Development Initiatives

Potential expansion in Puerto Rico and Dominican Republic with strategic initiatives in brownfield development.

Polaris Infrastructure (TSE:PIF) 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:PIF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.11 / -	0.028	―	―	―
Jul 31, 2025	2025 (Q2)	0.21 / 0.14	0.069	100.00% (+0.07)	―	―
May 01, 2025	2025 (Q1)	-0.07 / -0.65	0.289	-323.81% (-0.94)	―	―
Feb 20, 2025	2024 (Q4)	0.10 / -0.19	0.096	-300.00% (-0.29)	―	―
Oct 31, 2024	2024 (Q3)	0.08 / 0.03	0.069	-60.00% (-0.04)	―	―
Aug 01, 2024	2024 (Q2)	0.10 / 0.07	0.303	-77.27% (-0.23)	―	―
May 02, 2024	2024 (Q1)	0.16 / 0.29	0.303	-4.55% (-0.01)	―	―
Feb 22, 2024	2023 (Q4)	0.13 / 0.10	0.193	-50.00% (-0.10)	―	―
Nov 02, 2023	2023 (Q3)	0.10 / 0.07	-0.096	171.43% (+0.17)	―	―
Aug 03, 2023	2023 (Q2)	0.25 / 0.30	-0.11	375.00% (+0.41)	―	―

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:PIF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	C$11.95	C$12.24	+2.43%
May 01, 2025	C$11.57	C$11.16	-3.54%
Feb 20, 2025	C$11.99	C$11.62	-3.09%
Oct 31, 2024	C$11.52	C$11.21	-2.69%

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 Polaris Infrastructure (TSE:PIF) report earnings?

Polaris Infrastructure (TSE:PIF) is schdueled to report earning on Oct 30, 2025, TBA (Confirmed).

What is Polaris Infrastructure (TSE:PIF) earnings time?

Polaris Infrastructure (TSE:PIF) earnings time is at Oct 30, 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:PIF EPS forecast?

TSE:PIF EPS forecast for the fiscal quarter 2025 (Q3) is 0.11.

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