Expro(US:XPRO)2025-10-23 15:00Financial Highlights - Q3 2025 revenue reached $411 million[7] - Adjusted EBITDA was $94 million[7] - Adjusted EBITDA margin was 22.8%, a 50 basis points increase quarter-over-quarter[7] - Adjusted Free Cash Flow was $46 million, resulting in a record Adjusted Free Cash Flow Margin of 11%[7] - Approximately 2 million shares were repurchased for $25 million[7] - $22 million was repaid on the Revolving Credit Facility[7] Guidance and Outlook - Adjusted EBITDA guidance increased to $350 million - $360 million[7] - Adjusted Free Cash Flow guidance increased to $110 million - $120 million[7] - Expro anticipates 2026 revenue to be flat to slightly lower compared to 2025, but expects higher EBITDA margins and further expansion of Free Cash Flow[15] Backlog - Multi-year backlog stands at approximately $2.3 billion[7, 8] - $1 billion of revenue for 2026 is already in the backlog[10]