Recent Updates — DRTTF

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.

DIRTT Environmental Solutions Ltd. received the final C$5.0 million disbursement from its Business Development Bank of Canada credit facility, completing the full C$15.0 million gross financing commitment. The secured term loan matures on April 30, 2032 and bears interest at BDC’s floating base rate less 0.75%. In connection with this funding, Royal Bank of Canada issued a C$3.5 million irrevocable standby letter of credit in favor of BDC for the Company's account. This financing strengthens the company's liquidity and provides financial flexibility to execute transformation and growth initiatives. DIRTT operates in the industrialized construction industry, providing adaptable interior environment solutions.

DIRTT Environmental Solutions Ltd. reported second quarter 2026 financial results on July 29, 2026, posting revenue of $40.3 million and net income of $1.1 million, a significant improvement from the prior year's net loss of $6.6 million. Adjusted EBITDA rose to $4.7 million from a negative $2.0 million in the same period last year. The company updated its full-year 2026 guidance, lowering revenue expectations to $175.0–$185.0 million and Adjusted EBITDA to $21.0–$25.0 million due to macroeconomic conditions, tariff impacts, and rising raw material costs. Additionally, DIRTT amended executive employment agreements for Scott Robinson and Adrian Zarate through December 31, 2026, while continuing litigation against former employees at Falkbuilt Ltd. DIRTT Environmental Solutions Ltd. operates in the industrialized construction industry, providing customizable interior solutions.