Company reported record revenues of $500.7 million in the third quarter of 2025, with a 4.4% increase compared to 2024.
First nine months of 2025 saw a revenue increase of $82.0 million, reaching $1.4 billion, driven by strong performance in Residential/Commercial and Utility segments.
Management focused on cost discipline, production improvements, and workforce alignment for 2026 planning.
Revenue Growth
Record revenues of $500.7 million in Q3 2025, marking a 4.4% increase from 2024.
Segment Performance
R/C segment grew by 7.5% and Utility segment by 5.1% in the first nine months of 2025.
Operational Challenges
Weather-related conditions and federal policy uncertainties impacted operational profitability in 2025.
- Performance exceeded last year's levels, showcasing strong demand for services and positive momentum into Q4.
- Davey SEED Campus opening reflects commitment to innovation, workforce development, and operational excellence.
Despite challenges, Company's results reflect resilience and strategic investments for long-term growth.