DIRTT Reports Q3 Revenue Growth, Maintains 2026 Guidance
Revenue rose 19% to $44.7 million and adjusted EBITDA increased to $6.5 million from $1.2 million. Net income was $17.1 million, including a $13.1 million deferred tax asset recovery, versus a $3.5 million loss a year earlier. DIRTT maintained its 2026 revenue guidance of $175 million to $185 million and adjusted EBITDA guidance of $21 million to $25 million, while expecting results toward the low end of both ranges.
DIRTT Environmental Solutions Ltd. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $44.7 million, up 19% from the same period in 2025. The company achieved a net income of $17.1 million, which included a $13.1 million deferred tax asset recovery, compared to a net loss of $3.5 million in the prior-year quarter. Adjusted EBITDA rose to $6.5 million from $1.2 million in the third quarter of 2025, driven by higher gross profit and reduced operating expenses.
Additionally, the company maintained its 2026 guidance of $175 million to $185 million in revenue and $21 million to $25 million in Adjusted EBITDA, noting expectations toward the low end of these ranges. DIRTT also reported that it amended its credit facility with the Royal Bank of Canada on November 3, 2026.