Filing Flows › Expro (XPRO) › Q3 2026
Expro (XPRO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Expro (XPRO) reported revenue of $440M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +12% from the quarter before. Operating margin was 1.1%, net loss $5.2M (1.2% of revenue).
Expro, Q3 2026: revenue $440M (+7% year over year), operating margin 1.1%, net loss $5.2M, operating cash flow $65.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $440M | +12% | +7% |
| Operating profit | $4.9M | -53% | — |
| Net earnings | −$5.2M | -356% | — |
| Operating cash flow | $65.0M | — | +3% |
| Free cash flow | $33.5M | — | — |
What changed
Revenue was $439.9M in Q3 2026, up 7% year over year and up 12% from the previous quarter. NLA was the largest line at 35% of revenue. ESSA added $22.7M year over year (up 18%), 79% of the total change.
Operating profit was $4.9M, a 1.1% margin (down 5.3 points year over year). Operating profit fell $21.6M even though revenue rose $28.6M versus a year earlier, so costs grew faster than sales. Total costs grew 13% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+35%). The quarter ended with a net loss of $5.2M, after a profit of $2.0M the previous quarter.
Operating cash flow was $65.0M (up 3% year over year). Non-cash charges added back $53.3M of depreciation and amortization and $8.2M of share-based compensation. Working capital and other items added $8.7M. After capital expenditures ($31.5M), free cash flow as the company reports it was $33.5M.
Questions
What was Expro's revenue in the third quarter 2026?
Expro (XPRO) reported revenue of $440M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +12% from the quarter before.
Was Expro profitable in the third quarter 2026?
Operating profit was $4.9M (1.1% of revenue) and net loss $5.2M.
Source: Expro 10-Q on SEC EDGAR.