NFI Group Inc. Reports Q3 Revenue Growth and Raises 2026 EBITDA Guidance
NFI Group Inc. (NFI:CA) reported strong third-quarter financial results, characterized by a 14.5% increase in revenue to approximately $1 billion. The company's adjusted EBITDA saw significant growth of 34.3%, reaching $108.7 million, driven by what CEO John Sapp described as profitable growth and improved operational execution. Looking ahead, the company has raised its 2026 adjusted EBITDA floor to $395 million. Additionally, NFI Group is planning to expand its business model through battery cell sales over the next 12 to 18 months, signaling a strategic move toward deeper integration in the electric vehicle supply chain.
