Badger Q2 2026 adjusted EBITDA rises 25% on fleet growth, higher utilization and pricing, company says

Reuters2026/07/30 21:25

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Badger posted Q2 2026 revenue of USD 257.13 million, up 23%, citing broad-based demand across regions and end markets.
Adjusted EBITDA rose 25% to USD 66.13 million; margin edged up to 25.7% as utilization and pricing gains offset growth investments.
Revenue per truck per month increased 14% to USD 47,731; average hydrovac units in service rose 8% to 1,800.
Gross margin slipped to 30.2% from 30.5%, with direct costs pressured by higher activity, fleet-related costs, fuel, tariffs, and new initiatives.
Capital spending reached USD 60.2 million; 80 hydrovac units were built, 12 refurbished, 36 retired; fleet ended at 1,822 units.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Badger Infrastructure Solutions Ltd. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Badger Q2 2026 adjusted EBITDA rises 25% on fleet growth, higher utilization and pricing, company says

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