Quarterly ResultJun 4, 2026, 04:06 PM
Concrete Pumping Holdings Q2 Revenue Up 14% to $106.8M; Raises Outlook
AI Summary
Concrete Pumping Holdings, Inc. announced strong second-quarter results, with revenue up 14% to $106.8 million and income from operations increasing 46% to $12.1 million. Adjusted EBITDA grew 17.4% to $26.4 million. The company is raising its full-year outlook for revenue and Adjusted EBITDA, citing healthy construction activity, particularly in data center and infrastructure projects. The company also noted accelerated capital equipment investments to comply with upcoming emissions regulations.
Key Highlights
- Concrete Pumping Holdings reported Q2 revenue of $106.8M, up 14% YoY.
- Income from operations increased 46% to $12.1M.
- Adjusted EBITDA grew 17.4% to $26.4M, with margin up 80 bps to 24.7%.
- Net income was $2.5M, compared to a net loss of $4K in the prior year.
- U.S. Concrete Pumping revenue rose 15.2% to $71.5M; Adjusted EBITDA up 23.4% to $15.6M.
- U.S. Concrete Waste Management Services revenue increased 12.7% to $20.3M; Adjusted EBITDA up 15.7% to $7.7M.
- U.K. Operations revenue grew 8.2% to $14.9M; Adjusted EBITDA slightly down 3.4% to $3.1M.
- Full-year outlook raised: revenue $410M-$425M (prev. $390M-$410M), Adjusted EBITDA $98M-$105M (prev. $90M-$100M).
Price Impact
More from BBCP