Earnings ·
DIRTT reports Q3 revenue of $44.7M and net income of $17.1M
DRTTFDirtt Environmental Solutions Ltd
DIRTT Environmental Solutions reported third-quarter 2026 revenue of $44.7 million, a 19% increase from the prior-year period, driven by higher volumes and lower tariff costs. The company posted net income after tax of $17.1 million compared to a net loss of $3.5 million in the same quarter last year, aided by a $13.0 million deferred tax asset recovery. Adjusted EBITDA rose 450% to $6.5 million with an improved margin of 14.6%. The company maintained its full-year revenue guidance of $175.0 million to $185.0 million and expects to finish toward the low end of that range. DIRTT operates in industrialized construction, providing customizable interior solutions for commercial spaces.