Badger Infrastructure Solutions (BDGIF) expects to release its third-quarter 2026 results on November 5, 2026, after markets close.
A conference call and webcast to discuss the results is scheduled for November 6 at 9:00 a.m. EST.
Badger Infrastructure Solutions (BDGIF) received Toronto Stock Exchange acceptance of its notice to renew a normal course issuer bid (NCIB). The NCIB allows Badger to purchase and cancel up to 2,959,178 common shares, equal to 10.0% of its public float and about 8.8% of its 33,659,562 issued and outstanding shares, from August 27, 2026 to the earlier of August 26, 2027, completion, or termination.
The Exchange also approved an automatic securities purchase plan, enabling purchases during blackout periods within preset parameters. Under the current NCIB (expiring August 25, 2026), Badger was authorized to buy 2,910,453 shares and has purchased and cancelled 65,162 at a weighted average price of CAD$63.18.
Badger Infrastructure Solutions (OTC: BDGIF) reported second quarter 2026 revenue of $257.1 million, up 23% from $208.2 million in 2025, driven mainly by non-destructive excavation services. Adjusted EBITDA rose 25% to $66.1 million, with an Adjusted EBITDA margin of 25.7% versus 25.3% a year earlier.
Revenue per truck per month (RPT) increased 14% to $47,731, and the hydrovac truck fleet expanded to 1,822 units from 1,682. Net earnings were $22.5 million, up from $18.5 million, with basic and diluted EPS of $0.67. The company issued CAD$300 million of 5.375% senior unsecured notes due May 14, 2031, repurchased 33,303 shares for $1.5 million under its NCIB, and paid dividends of $4.8 million.
The board approved a CAD$0.195 quarterly dividend for Q3 2026, and Badger plans to renew its NCIB. For 2026, the company guides to total capital spend of $188–$230 million, including hydrovac builds, refurbishments and new service lines, and expects fleet growth at the high end of a 7–10% range while targeting Total Debt to Compliance EBITDA of 1.0x–2.0x.
Badger (OTC:BDGIF) confirmed key dates for its Q2 2026 results and investor call. The company plans to release results on Thursday, July 30, 2026, after markets close.
A related conference call and webcast will be held on Friday, July 31, 2026 at 7:00 a.m. MDT, with replay access via Badger's investor relations website.