Earnings ·
Enerflex Ltd. reported second quarter 2026 results with revenue of $582 million, a decrease from $615 million in the…
EFXTEnerflex Ltd.
Enerflex Ltd. reported second quarter 2026 results with revenue of $582 million, a decrease from $615 million in the prior year period, driven by project sequencing and resource allocation for U.S. fleet expansion. Adjusted EBITDA was $128 million, while free cash flow improved to $32 million compared to a use of $39 million in Q2 2025. Engineered Systems backlog reached a record $1.5 billion with bookings of $488 million during the quarter. The company raised its 2026 organic capital expenditure guidance to $185–$195 million and extended its revolving credit facility maturity to June 30, 2029, increasing the accordion feature to $200 million. Enerflex operates in the energy infrastructure sector, providing compression, processing equipment, and after-market services for natural gas and liquids production.