Montrose Environmental Q4 revenue beats estimates

Onterris

25/02/2026 21:39

Overview

Environmental solutions firm's Q4 revenue beat analyst expectations

Net loss for Q4 narrowed compared to prior-year quarter

Outlook

Montrose expects 2026 revenue between $840 mln and $900 mln

Company sees 2026 Consolidated Adjusted EBITDA between $125 mln and $130 mln

Result Drivers

SEGMENT PERFORMANCE - Assessment, Permitting and Response segment revenue increased by $12.8 mln, offset by a $4.4 mln decrease in Measurement and Analysis due to project timing

CASH FLOW IMPROVEMENT - Montrose reported $107.5 mln in operating cash flow for 2025, a significant increase from $22.2 mln in 2024, due to higher earnings and improved working capital

Company press release: ID:nBw2Qv4bZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$193.27 mln
$187.73 mln (6 Analysts)
Q4 Net Income
-$8.22 mln
Q4 Income From Operations
-$2.58 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Montrose Environmental Group Inc is $34.00, about 50.3% above its February 24 closing price of $22.62

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 445 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)