Canada's Black Diamond Q4 revenue beats expectations

Black Diamond

26/02/2026 22:09

Overview

Canada's space rental and accommodation firm's Q4 revenue and adjusted EBITDA beat expectations

Company's Q4 rental revenue rose 16% yr/yr, driven by increased project activity

Outlook

Black Diamond anticipates stable demand across its platform in the first half of 2026

Company expects incremental rental revenue growth driven by fleet additions and inflation

Result Drivers

PROJECT ACTIVITY - Increased project activity drove revenue growth in Workforce Solutions segment

MSS RENTAL REVENUE - Modular Space Solutions segment saw increased rental revenue from higher utilization and rental rates

Company press release: ID:nGNX29gbF5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
C$144 mln
C$114.37 mln (5 Analysts)
Q4 Adjusted EBITDA
Beat
C$38.9 mln
C$33.83 mln (5 Analysts)
Q4 FFO
C$38.1 mln
Q4 Adjusted EBIT
Beat
C$23.1 mln
C$19.31 mln (2 Analysts)
Q4 Basic EPS
C$0.11
Q4 Capex
C$35.7 mln
Q4 Gross Profit
C$60.3 mln
Q4 Pretax Profit
C$14.8 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)