Concrete Pumping Reports Q3 2026 Results with Revenue Growth Driven by U.S. Demand
Concrete Pumping Holdings, Inc. (BBCP) reported strong third-quarter results for fiscal year 2026, driven primarily by increased demand in the United States from data centers and infrastructure projects. Total revenue reached $116.8 million, up 13% year-over-year, with adjusted EBITDA rising to $30.4 million—a 13% increase—while maintaining a margin of 26%. The U.S. segment saw significant growth in both revenue ($76.2 million) and adjusted EBITDA ($18.4 million), while the Eco-Pan division also posted double-digit gains. The company raised its full-year guidance for revenue, now expecting $425–$435 million compared to a previous range of $410–$425 million. Adjusted EBITDA is projected at $103–$108 million and free cash flow is expected around $50 million. Despite these gains, the U.K. operations faced challenges due to fuel inflation and maintenance costs, which led to a 16% decline in adjusted EBITDA despite higher revenue. Management highlighted ongoing risks from elevated interest rates affecting residential construction and noted labor efficiency issues in the U.K., though they remain optimistic about long-term growth opportunities.
Tickers: $BBCP
Topics: adjusted_ebitda guidance_update net_income_per_share revenue segment_performance