---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-014731"
form_type: "8-K"
ticker: "XPRO"
cik: "0001575828"
company_name: "EXPRO GROUP HOLDINGS N.V."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:22:11.229439+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Expro announces $215M acquisition of Enhanced Drilling, Q1 revenue $368M, reaffirms FY guidance

## Summary
- Acquires Enhanced Drilling for ~2B NOK ($215M) cash, adding MPD technology and $275M backlog; close expected Q3 2026.
- Q1 revenue $368M, net loss $1M, Adjusted EBITDA $63M (17.1% margin); repurchased $20M shares.
- FY2026 guidance reaffirmed: revenue $1.6-1.65B, Adj. EBITDA $355-375M, adj. FCF $125-145M (excl. acquisition).
- Middle East disruptions may impact Q2 revenue by ~$10-15M; no change to full-year outlook.
- Redomicile from Netherlands to Cayman Islands to be voted on June 10, 2026, expected to close July 2026.

## SEC filing metadata
- accession: 0001437749-26-014731
- form_type: 8-K
- ticker: XPRO
- cik: 0001575828
- company_name: EXPRO GROUP HOLDINGS N.V.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575828/000143774926014731/0001437749-26-014731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575828/000143774926014731/xpro20260127_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-014731
- JSON: https://secwatch.observer/filing/0001437749-26-014731.json
- Plain text: https://secwatch.observer/filing/0001437749-26-014731.txt

## Key facts
- Earnings Releases
  EXPRO GROUP HOLDINGS N.V. reported the three months ended March 31, 2026 results: revenue $368 million, net income Net loss of $1 million. Guidance reaffirmed.
  - Period: the three months ended March 31, 2026
  - Revenue: $368 million
  - Net income: Net loss of $1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: revolving credit facility • Acquisition expected to close during the third quarter of 2026, subject to customary closing conditions First Quarter 2026 Highlights • Revenue was $368 million • Net loss of $1 million • Adjusted EBITDA 1 of $63 million with an Adjusted EBITDA margin 1 of 17.1% • Cash flow from operations of $25 million, or 7% of revenues • Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575828/000143774926014731/0001437749-26-014731-index.htm

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