Expro Group Holdings: Q2 Earnings Exceed Expectations, Shares Surge 20.89%

Expro Group Holdings (XPRO) shares surged 20.89% between July 23 and July 30, 2025, after the company reported a Q2 2025 performance above expectations, with a record-setting EBITDA margin among industry peers. Adjusted EPS of $0.3 topped forecasts by $0.11, and revenue of $423 million exceeded guidance. The company generated $36 million in adjusted free cash flow and reiterated its commitment to return approximately one-third of its adjusted free cash flow to shareholders annually.

Title: Expro Group Holdings (XPRO) Reports Strong Q2 2025 Performance, Drives Stock Gains

Houston, July 02, 2025 - Expro Group Holdings N.V. (NYSE: XPRO) reported robust financial results for the second quarter of 2025, which significantly contributed to a 20.89% surge in its stock price between July 23 and July 30, 2025 [1]. The company's shares reacted positively to the Q2 performance, which exceeded market expectations across several key metrics.

Expro's revenue for the second quarter stood at $423 million, surpassing the top end of its guidance range of $410 million [1]. The company's net income was $18 million, and the net income margin reached 4%. Adjusted EBITDA was $94 million, exceeding the top end of the guidance range of $90 million and marking a record-setting adjusted EBITDA margin of 22% [1]. This margin ranks among the highest in the industry.

The company generated $36 million in adjusted free cash flow, which represents a margin of 9% [1]. Expro's commitment to returning approximately one-third of its adjusted free cash flow to shareholders annually was reiterated. Under the new definition, the company's free cash flow was $27 million, with a margin of 6% [1].

In addition to its financial performance, Expro achieved several operational milestones. The company secured a substantial multi-year, multi-rig contract in Guyana with revenues in excess of $120 million for completion and tubular running services (TRS) [1]. Expro also secured a significant three-year contract by Woodside Energy for Mexico's first deepwater oil production facility [1].

The company's operational execution and innovative technologies were highlighted in the second quarter. Expro introduced the BRUTE® Armor Packer, designed to enhance deepwater well integrity and efficiency, and developed a Fully Automated Remote Clamp Installation System (RCIS) [1]. These advancements reflect Expro's commitment to reducing operational risk and improving safety and efficiency.

Expro's focus on free cash flow generation and shareholder returns is evident in its reaffirmation of full-year guidance. The company expects revenues of circa $1.7 billion, Adjusted EBITDA of at least $350 million, and Adjusted Free Cash Flow of ~7% of revenues, or ~$110 million [1]. Expro's stock performance and financial results underscore its resilience and commitment to delivering value to shareholders.

References:
[1] https://www.expro.com/media-hub/news/expro-group-holdings-n.v.-announces-second-quarter-2025-results-reaffirms-full-year-guidance-and-remains-committed-to-shareholder-return-targets