FLINT Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $267.2 million, up 79.6% year over year
- ➤Q3 Adjusted EBITDAS $13.1 million, up 42.0% year over year
- ➤Q3 net income $7.6 million, down 75.3% year over year
- ➤Liquidity $42.1 million, down 61.6% year over year
- ➤New contracts and renewals totaled approximately $39.8 million in Q3
Expert Statements
Barry Card, Chief Executive Officer of FLINT Corp.
“The third quarter was a record revenue quarter for FLINT, driven by a compacted turnaround season and continued execution on the construction and maintenance contracts we secured through 2025 and the first half of 2026.”
Barry Card, Chief Executive Officer of FLINT Corp.
“Third quarter revenues, gross profit, and Adjusted EBITDAS all increased substantially over both the prior year and last quarter, reflecting continued growth across our service offerings.”
Barry Card, Chief Executive Officer of FLINT Corp.
“SG&A expenses as a percentage of revenue were 3.6% this quarter, down from 5.3% a year ago, demonstrating our ability to scale efficiently.”
Barry Card, Chief Executive Officer of FLINT Corp.
“We are well positioned to finish the year strong, and our commitment to safe, high-quality execution, operational excellence and continuous improvement remains paramount to delivering sustainable long-term value”
CALGARY, Alberta, Nov. 03, 2026 (GLOBE NEWSWIRE) -- FLINT Corp. (“FLINT” or the "Company") (TSX: FLNT) today announced its results for the three and nine months ended September 30, 2026. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted.
“EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS accounting standards. Please refer to the Advisory regarding Non-GAAP Financial Measures at the end of this press release for a description of these items and limitations of their use.
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