DIRTT Q4 2025 revenue $50.9M (+4% YoY) but net loss $3.7M; provides 2026 guidance

DIRTT ENVIRONMENTAL SOLUTIONS LTD

2025-FY EPS reported -$0.08 revenue$168,855,000

Revenue of $50.9M in Q4 2025, up 4% YoY, within guidance range of $48M-$52M; gross margin improved to 36.6%.
Net loss after tax of $3.7M vs net income $4.0M in Q4 2024; adjusted EBITDA improved to $6.2M (12.1% of revenue) vs $5.5M.
Liquidity at year-end $32.1M, down from $39.3M; repaid C$16.6M convertible debentures on Jan 31, 2026; secured C$15M BDC facility.
Falkbuilt litigation trial commenced Feb 2, 2026; impairment expense of $2.3M related to Rock Hill lease termination.
Board changes: Scott Robinson as Exec Chairman, Adrian Zarate as Chief Transformation Officer; Jeremy Gold appointed Feb 13, 2026.

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