---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-013628"
form_type: "8-K"
ticker: "XPRO"
cik: "0001575828"
company_name: "EXPRO GROUP HOLDINGS N.V."
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:19:40.807357+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Expro Q1 revenue $391M, Adj EBITDA $76M (best Q1 since merger); guides Q2 rev $400-410M

## Summary
- Q1 2025 revenue $391M (-11% sequentially); net income $14M ($0.13 diluted EPS); adjusted net income $29M ($0.25).
- Adjusted EBITDA $76M, margin 20% (vs. 18% in Q1 2024); highest first-quarter Adj EBITDA since 2021 merger.
- Q2 2025 guidance: revenue $400-410M, Adj EBITDA $80-90M.
- Notable: $272M in new contract awards; $50M TRS in Gulf of America, $35M Brazil, $15M Indonesia.
- Cash $180M, debt $121M, liquidity $316M; capex $33M in Q1, plan $90-100M for rest of 2025.

## SEC filing metadata
- accession: 0001437749-25-013628
- form_type: 8-K
- ticker: XPRO
- cik: 0001575828
- company_name: EXPRO GROUP HOLDINGS N.V.
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575828/000143774925013628/0001437749-25-013628-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575828/000143774925013628/fi20250109_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-013628
- JSON: https://secwatch.observer/filing/0001437749-25-013628.json
- Plain text: https://secwatch.observer/filing/0001437749-25-013628.txt

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