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REV Group, Inc. Reports Strong Fiscal 2025 Third Quarter Results

REV Group, Inc. (REVG) | September 3, 2025

By Liam Parker

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REV Group, Inc. reported strong fiscal third quarter results for 2025.

The company experienced significant growth in net sales and net income compared to the prior year quarter.

Adjusted EBITDA also showed a remarkable increase indicating improved financial performance.

Net Sales Growth

Net sales increased by 20.5% compared to the prior year quarter, excluding the impact of the Bus Manufacturing Businesses.

Adjusted EBITDA Surge

Adjusted EBITDA surged by 66.1% in the third quarter of 2025 compared to the same period in the previous year, excluding the impact of the Bus Manufacturing Businesses.

Updated Fiscal 2025 Outlook

The company revised its full-year fiscal 2025 outlook with expectations of increased net sales, net income, Adjusted EBITDA, Adjusted Net Income, net cash provided by operating activities, and Free Cash Flow.

  • The strong performance in the Specialty Vehicles segment drove the overall increase in net sales.
  • Improvement in manufacturing capabilities and customer relationships contributed to the positive earnings this quarter.
  • The company's strategic investment in production capacity enhancement is expected to support future growth and meet increasing demand.

REV Group, Inc. showcased robust financial results in the third quarter of 2025, reflecting growth and profitability across key segments. The company's strategic focus on operational resilience and value creation for stakeholders is evident in the performance reported.