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AI brief of an SEC Form 8-K · Expro Ltd (XPRO)

Expro posts Q3 revenue of $440 million, net loss of $5 million; cuts EBITDA outlook

Mixed Impact 4 of 5 earnings Written later

Expro reported third-quarter 2026 revenue of $440 million, up from $393 million in the prior quarter, but posted a net loss of $5 million. The company lowered its full-year 2026 Adjusted EBITDA guidance to $330 million to $340 million from $355 million to $365 million, while raising its Adjusted free cash flow guidance to $140 million to $150 million and authorizing a new $100 million share repurchase plan. For shareholders, the results show higher sales and cash generation alongside lower profit expectations.

Key points

  • Q3 2026 revenue was $440 million, up from $393 million in Q2 2026 and $411 million in Q3 2025.
  • Net loss was $5 million, or $0.05 per share, compared with net income of $14 million in Q3 2025.
  • Full-year 2026 Adjusted EBITDA guidance was cut to $330 million to $340 million from $355 million to $365 million.
  • Full-year 2026 Adjusted free cash flow guidance was raised to $140 million to $150 million; the board authorized a $100 million buyback on October 26, 2026.

The filing

CompanyExpro Ltd (XPRO)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:10 AM ET
Accession number0001437749-26-034515

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.