Concrete Pumping Holdings Reports Strong Second Quarter Fiscal Year 2026 Results

About this update from Concrete Pumping Holdings, Inc.

- Revenue up 14% to $106.8 Million with a 46% Increase in Income from Operations –- Adjusted EBITDA up 17% to $26.4 Million -- Raises Full-Year Outlook - DENVER, June 04, 2026 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the "Company" or "CPH"), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the second quarter ended April 30, 2026. Second Quarter Fiscal Year 2026 Summary vs. Second Quarter of Fiscal Year 2025 (where applicable) Revenue up 14% to $106.8 million compared to $94.0 million.Gross profit up 14% to $41.3 million compared to $36.2 million.Income from operations up 46% to $12.1 million compared to $8.3 million.Net income of $2.5 million compared to a net loss of approximately $4,000.Net income attributable to common shareholders was $2.1 million, or $0.04 per diluted share, compared to a net loss of $0.4 million, or $(0.01) per diluted share.Adjusted EBITDA1 up 17.4% to $26.4 million compared to $22.5 million, with Adjusted EBITDA margin1 of 24.7% compared to 23.9%.Amounts outstanding under debt agreements were $425.6 million with net debt1 of $386.9 million. Total available liquidity at quarter end was $346.3 million compared to $352.5 million one year ago.Leverage ratio1 at quarter end of 3.8x. Management Commentary "I am pleased to report that the Concrete Pumping Holdings team delivered a strong second quarter, highlighted by 14% revenue growth and 17% Adjusted EBITDA growth year over year, driven by solid execution across our U.S. operations," said Bruce Young, CEO of Concrete Pumping Holdings. "We continue to benefit from healthy activity levels in commercial and infrastructure construction, particularly related to continued momentum in data center and infrastructure projects, while also realizing the benefits of our disciplined pricing strategy and operating efficiencies. Our U.S. Concrete Pumping and Eco-Pan segments delivered particularly strong performance during the quarter, with meaningful margin expansion and improved profitability, despite ongoing softness in residential and light commercial markets. Given our performance in the first half of the year and continued momentum across key end markets, we are raising our full year outlook and remain focused on disciplined operational execution, free cash flow generation, and positioning the b...

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