Every 8-K that DIRTT ENVIRONMENTAL SLTNS (DRTTF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DRTTF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DRTTF filings page.
DIRTT Environmental Solutions Ltd. extended the employment agreements of Executive Chairman Scott Robinson and Chief Transformation Officer Adrian Zarate through December 31, 2026. These roles were created in November 2025 to lead a transformation office focused on streamlining processes, supporting construction services, and improving productivity.
Their original terms were set to expire on June 30, 2026, and were formally amended on that date to run through year-end 2026. Both leaders are working closely with the executive team to implement the operational and financial elements of DIRTT’s transformation plan.
DIRTT Environmental Solutions Ltd. reported the results of its annual general meeting held on May 7, 2026. Shareholders elected eight directors, including Douglas Edwards and Jeremy Gold, for terms lasting until the close of the 2027 annual meeting or until successors are chosen.
PricewaterhouseCoopers LLP was reappointed as independent registered public accounting firm for the fiscal year ending December 31, 2026. Shareholders approved a non-binding Say-on-Pay resolution on executive compensation and supported holding future Say-on-Pay votes every two years, which the Company plans to follow until the next advisory vote on this topic.
DIRTT Environmental Solutions reported first quarter 2026 revenue of $42.4 million, up 3% from a year earlier, as product and service sales both increased modestly. Gross profit declined to $13.0 million, with margin compressing to 30.6% as higher aluminum and tariff costs and lower‑margin installation work weighed on results.
The company posted a net loss after tax of $3.3 million versus a $0.7 million loss in 2025, largely due to higher reorganization expenses and lower gross profit, partly offset by lower operating costs and a foreign exchange gain. Adjusted EBITDA was $1.4 million, or 3.3% of revenue, down from $2.1 million, or 5.1%.
Liquidity, including unrestricted cash and available borrowings, was $25.1 million at March 31, 2026, compared with $32.1 million at year‑end 2025, after repaying C$16.6 million ($12.1 million) of convertible debentures and receiving $6.9 million of net proceeds from Business Development Bank of Canada financing. Management highlighted a $338 million twelve‑month forward pipeline, up 16% year over year, and maintained full‑year 2026 guidance for revenue of $194.0–$209.0 million and Adjusted EBITDA of $26.0–$31.0 million.
DIRTT Environmental Solutions reported fourth quarter 2025 revenue of $50.9 million, up 4% from 2024 and at the high end of its prior guidance. Gross margin improved to 36.6%, while Adjusted EBITDA rose to $6.2 million, or 12.1% of revenue.
Despite stronger margins, the company posted a Q4 net loss of $3.7 million versus $4.0 million of net income a year earlier, largely due to $2.9 million of impairment charges, higher reorganization costs, a legal provision, and a swing to foreign exchange loss.
For full-year 2025, revenue declined to $168.9 million and results moved to a net loss of $14.4 million from net income of $14.8 million in 2024. Liquidity was $32.1 million as of December 31, 2025 with indebtedness of $23.4 million. For 2026, management guides to revenue of $194.0 to $209.0 million and Adjusted EBITDA of $26.0 to $31.0 million, supported by an ongoing transformation program and new BDC financing.
DIRTT Environmental Solutions entered a support and standstill agreement with major shareholders 22NW Fund and the 726 Entities and appointed Jeremy Gold to its board. The pact gives each of 22NW and the 726 Entities the right to nominate one director at the 2026 annual meeting, as long as they each hold at least 10% of outstanding shares or 19,174,445 shares.
The shareholders agreed to vote for the company’s board nominees, observe customary standstill restrictions, avoid certain convertible debt, and face caps of 57,447,988 shares for 22NW and 28,882,102 shares for the 726 Entities. The agreement runs until 90 days after the 2026 meeting. Separately, the 726 Entities acquired 28,882,132 shares, about 15.0% of DIRTT, via a distribution from WWT, reducing Noll and WWT’s stake from 28.0% to 12.9%.
DIRTT Environmental Solutions Ltd. reported a leadership change, with Richard Hunter’s role as President and Chief Operating Officer ending on January 12, 2026. His employment ceased in line with the company’s Executive Employment Agreement originally dated August 12, 2022 and amended April 15, 2025, which treats this as a termination without just cause.
Under that agreement, Mr. Hunter is entitled to his accrued but unpaid salary, unused vacation entitlement and continued benefits as specified in Section 9 of the contract. The company also noted, via an attached press release, that it has hired Aaron Merkin as Chief Technology Officer, underscoring a shift in its senior management team.
DIRTT Environmental Solutions Ltd. terminated a long-term lease for its closed Rock Hill, South Carolina manufacturing facility effective December 30, 2025. The lease had remaining undiscounted rent obligations estimated at US$10.5 million as of November 30, 2025. DIRTT paid an early termination fee of US$1 million to PDM US, LLC to be released from future rent payments.
The company expects this step to rationalize its real estate footprint and deliver recurring annual cost savings of about US$1.6 million starting in January 2026. Following the termination, DIRTT reassessed related assets and expects to record a one-time, non-cash impairment expense of approximately US$2.3 million on leasehold improvements. Management states that, despite this near-term charge, the lease exit is expected to lower ongoing operating expenses and be accretive to earnings in future periods.
DIRTT Environmental Solutions Ltd. announced that the Toronto Stock Exchange has accepted its notice to renew a normal course issuer bid, allowing the company to repurchase up to 9,593,878 common shares, equal to 5.0% of its 191,877,573 issued and outstanding shares as of December 8, 2025. The program is scheduled to run from December 22, 2025 to December 21, 2026, with purchases made on the TSX or alternative Canadian trading systems at prevailing market prices.
Daily repurchases are capped at 8,917 common shares under TSX rules, except for permitted block purchases. Any shares bought will be immediately cancelled. Management will decide whether to buy shares based on market conditions, share price and other factors, and may suspend or discontinue the program. The company may also use automatic repurchase plans with its broker, in line with Canadian rules and U.S. regulations including Rule 10b5-1 and Rule 10b-18(b).
DIRTT Environmental Solutions Ltd. entered into a letter of offer with Business Development Bank of Canada for a secured term loan of up to C$15.0 million. The company expects to use the proceeds to partially refinance its 6.00% convertible debentures due January 31, 2026, with the remaining C$1.6 million of principal on those debentures to be repaid using cash on hand.
After conditions are met, BDC will disburse C$10.0 million initially and a further C$5.0 million later, with the draw period ending December 4, 2026. The loan bears interest at BDC’s Floating Base Rate, currently 6.55% per annum, minus 0.75%, and matures on April 30, 2032, with monthly principal payments starting May 31, 2026 and monthly interest payments from the first disbursement.
The obligations are secured by first-ranking security over specific equipment, a broader security interest in other personal property, a guarantee from DIRTT Environmental Solutions, Inc., landlord waivers, and a first readvanceable mortgage of US$5.0 million on the company’s Chicago property. The agreement includes an annual fixed charge coverage ratio covenant of at least 1.10 to 1.00 and a 1.50% per annum standby fee, along with limited annual prepayment without indemnity and broader prepayment options with indemnity.
DIRTT Environmental Solutions Ltd. (DRTTF) announced several leadership changes tied to its transformation plan. On November 26, 2025, Scott Robinson, previously Chairman, was appointed Executive Chairman of the Board. In this role he will help implement the Board-approved strategic and transformation plans and oversee the newly created Chief Transformation Officer position. He will continue to receive standard non-employee director compensation and an additional annualized base salary of $125,000, paid half in cash and half in equity under the company’s long-term incentive plan.
The Board appointed director Adrian Zarate as Chief Transformation Officer under an employment agreement running through June 30, 2026. He will receive an annualized base salary of $200,000, remain on the Board, and be eligible for company health and dental plans, but not for the Variable Pay Plan, Employee Share Purchase, or other cash bonus plans. He will be granted 200,000 vested shares (to be delivered in November 2025) and 752,000 performance share units, which settle only if specific transformation-related performance hurdles are met. Director responsibilities were also adjusted: Zarate leaves the Corporate Governance and Compensation Committee, where independent director Shally Pannikode will serve, and Holly Hess Groos was named Lead Independent Director.
DIRTT Environmental Solutions Ltd. filed an 8-K announcing it furnished a press release with financial results for the quarter ended September 30, 2025. The release is provided as Exhibit 99.1 and is incorporated by reference into Item 2.02. The company states the information under Item 2.02 and in Exhibit 99.1 is not deemed “filed” for purposes of Section 18 of the Exchange Act and will not be incorporated into Securities Act filings unless specifically referenced. Exhibit 104 contains the cover page Inline XBRL.