NV5 Global | 10-Q: FY2025 Q2 Revenue Misses Estimate at USD 251.98 M

Revenue: As of FY2025 Q2, the actual value is USD 251.98 M, missing the estimate of USD 253.7 M.

EPS: As of FY2025 Q2, the actual value is USD 0.18.

EBIT: As of FY2025 Q2, the actual value is USD 13.16 M.

Infrastructure (INF) Segment

• Gross Revenues: $101,425 for the three months ended June 28, 2025, compared to $100,845 for the same period in 2024, an increase of 0.6%.
• Segment Income Before Taxes: $16,470 for the three months ended June 28, 2025, compared to $17,080 for the same period in 2024, a decrease of 3.6%.

Building, Technology & Sciences (BTS) Segment

• Gross Revenues: $75,455 for the three months ended June 28, 2025, compared to $63,607 for the same period in 2024, an increase of 18.6%.
• Segment Income Before Taxes: $12,324 for the three months ended June 28, 2025, compared to $10,382 for the same period in 2024, an increase of 18.7%.

Geospatial Solutions (GEO) Segment

• Gross Revenues: $75,104 for the three months ended June 28, 2025, compared to $66,854 for the same period in 2024, an increase of 12.3%.
• Segment Income Before Taxes: $13,477 for the three months ended June 28, 2025, compared to $13,308 for the same period in 2024, an increase of 1.3%.

Cash Flow

• Net Cash Provided by Operating Activities: $50,136 for the six months ended June 28, 2025, compared to $8,242 for the same period in 2024.
• Net Cash Used in Investing Activities: -$23,529 for the six months ended June 28, 2025, compared to -$62,603 for the same period in 2024.
• Net Cash Used by Financing Activities: -$37,958 for the six months ended June 28, 2025, compared to $39,141 provided in the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: NV5 Global, Inc. plans to continue its focus on organic growth in its core segments, particularly in infrastructure services and international engineering and consulting services, while also leveraging recent acquisitions to enhance its service offerings.
• Non-Core Business: The company is undergoing a merger with Acuren Corporation, which is expected to close following shareholder approval. This merger is anticipated to create synergies and expand NV5’s market presence, with NV5 stockholders expected to own approximately 40% of the combined company.