earnings
confidence high
sentiment positive
materiality 0.80
CECO Q3 revenue $197.6M (+46% YoY); Adj EBITDA $23.2M (+62%); introduces 2026 outlook
CECO ENVIRONMENTAL CORP
2025-Q3 EPS reported
$1.29
revenue$750,000,000
- Q3 revenue $197.6M (+46% YoY); orders $232.9M (+44%); backlog $719.6M (+64%).
- GAAP EPS $0.04; non-GAAP EPS $0.26; Adj EBITDA $23.2M (+62%); free cash flow $19.0M (+71%).
- Maintains FY2025 revenue $725-775M (~35% growth midpoint) and Adj EBITDA $90-100M.
- Introduces FY2026 outlook: revenue $850-950M (~20% growth midpoint); Adj EBITDA $110-130M.
- Sales pipeline >$5.8B; completed acquisitions and divested Global Pumps in early 2025.