Concrete Pumping Holdings, a leading provider of concrete pumping and waste management services, reported its financial results for the fourth quarter and fiscal year 2025.
In the fourth quarter, revenue was $108.8 million with a decrease from the previous year. Gross profit, income from operations, and net income also experienced declines.
For fiscal year 2025, the company saw a decrease in revenue, gross profit, and net income compared to fiscal year 2024.
Revenue Decline
Fourth quarter and fiscal year 2025 revenue decreased compared to the previous periods.
Profit Reduction
Gross profit, income from operations, and net income declined in both the fourth quarter and fiscal year 2025.
Adjusted EBITDA
Adjusted EBITDA and margin also decreased in the reported periods, reflecting the challenging market conditions.
- The decrease in revenue can be attributed to softer demand in residential and commercial construction markets, influenced by high interest rates and uncertainty surrounding tariffs.
- The company's waste management segment showed steady growth, offsetting some of the pressures faced in the concrete pumping business.
Concrete Pumping Holdings navigated through macroeconomic challenges in the reported periods by focusing on cost management, fleet efficiency, and strategic pricing. The company aims to generate strong free cash flow, preserve operational flexibility, and deploy capital thoughtfully for future growth opportunities.