---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-267471"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:28:22.981094+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DIRTT Q3 revenue down 13% to $37.7M; net loss $3.5M vs prior year income of $7.1M

## Summary
- Revenue $37.7M (-13% YoY); gross margin 30.4% (vs 38.8% Q3 2024) due to tariff headwinds.
- Net loss after tax $3.5M (9.2% margin) vs net income $7.1M (16.3%) in Q3 2024.
- Adjusted EBITDA $1.2M (3.1% of rev) vs $4.1M (9.4%) in Q3 2024; liquidity $32.3M at Sep 30.
- Tariffs cost $1.9M (5.1% of rev) in Q3; reorganization expenses $2.6M from Transformation Office.
- Non-binding BDC term sheet for up to C$15M financing to partially settle Jan 2026 debentures.

## SEC filing metadata
- accession: 0001193125-25-267471
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000119312525267471/0001193125-25-267471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000119312525267471/drttf-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-267471
- JSON: https://secwatch.observer/filing/0001193125-25-267471.json
- Plain text: https://secwatch.observer/filing/0001193125-25-267471.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.