Badger Infrastructure Solutions Ltd. Reports Record Third Quarter 2026 Results

11/5/2026
Impact: 65
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Badger Infrastructure Solutions reported record third-quarter 2026 revenue of $286.5 million, up 21% from $237.3 million a year earlier. Adjusted EBITDA increased 25% to $83.4 million, with a 29.1% margin; revenue per truck per month rose 8% to $51,895, and its hydrovac fleet expanded 11% to 1,882 units. The board approved a fourth-quarter 2026 cash dividend of CAD$0.195 per common share, payable on or after January 15, 2027, to shareholders of record on December 31, 2026.

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