Revenue: As of FY2025 Q3, the actual value is USD 411.36 M, missing the estimate of USD 422.17 M.EPS: As of FY2025 Q3, the actual value is USD 0.12.EBIT: As of FY2025 Q3, the actual value is USD 32.87 M.<h3>Segment Revenue</h3><ul><li>North and Latin America (NLA): Revenue for the three months ended September 30, 2025, was $150.9 million, an increase of 5.8% compared to the previous quarter. For the nine months ended September 30, 2025, revenue was $427.7 million, a slight increase of 0.2% compared to the same period in 2024.</li><li>Europe and Sub-Saharan Africa (ESSA): Revenue for the three months ended September 30, 2025, was $125.8 million, a decrease of 4.9% compared to the previous quarter. For the nine months ended September 30, 2025, revenue was $370.6 million, a decrease of 12.1% compared to the same period in 2024.</li><li>Middle East and North Africa (MENA): Revenue for the three months ended September 30, 2025, was $86.1 million, a decrease of 5.4% compared to the previous quarter. For the nine months ended September 30, 2025, revenue was $270.6 million, an increase of 12.9% compared to the same period in 2024.</li><li>Asia-Pacific (APAC): Revenue for the three months ended September 30, 2025, was $48.6 million, a decrease of 14.4% compared to the previous quarter. For the nine months ended September 30, 2025, revenue was $156.0 million, a decrease of 16.9% compared to the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: For the three months ended September 30, 2025, net income was $13.963 million, a decrease from $18.003 million in the previous quarter. For the nine months ended September 30, 2025, net income was $45.914 million, an increase from $28.884 million in the same period in 2024.</li><li>Adjusted EBITDA: For the three months ended September 30, 2025, Adjusted EBITDA was $93.972 million, slightly down from $94.451 million in the previous quarter. For the nine months ended September 30, 2025, Adjusted EBITDA was $264.651 million, up from $247.046 million in the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: For the nine months ended September 30, 2025, net cash provided by operating activities was $153.101 million, compared to $72.078 million for the same period in 2024.</li><li>Net Cash Used in Investing Activities: For the nine months ended September 30, 2025, net cash used in investing activities was $73.512 million, compared to $120.725 million for the same period in 2024.</li><li>Net Cash Used in Financing Activities: For the nine months ended September 30, 2025, net cash used in financing activities was $72.053 million, compared to net cash provided by financing activities of $62.008 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Expro anticipates steady demand for its services across key markets, supported by strategic growth in offshore developments and brownfield activity. The company remains confident in the underlying demand for hydrocarbons and the ongoing need for long-term investment.</li><li>Non-Core Business: Expro is selective in pursuing low-carbon opportunities that support operators’ drive for increased sustainability, including early-stage carbon capture and storage and flare reduction.</li></ul><h3>Outlook Summary</h3>The U.S. Energy Information Administration forecasts global liquids consumption to average 104.0 million b/d in 2025, with a further increase expected in 2026. Despite slower growth, demand for hydrocarbons continues to rise, necessitating long-term investment and activity.

Expro Group Holdings NV | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 411.36 M