Calfrac Q2 FY26 net income more than doubles to C$31.83 million; revenue rises 6% to C$426.69 million

Reuters2026/08/06 23:28

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Calfrac posted Q2 net income of CAD 31.83 million, more than doubled from a year earlier; diluted EPS was CAD 0.32.
Revenue rose 6% from a year earlier to CAD 426.69 million, driven by stronger activity and improved utilization in North America.
Non-GAAP adjusted EBITDA slipped 4% to CAD 73.83 million; margin fell 2 percentage points to 17% on pricing normalization in Argentina.
Free cash flow (non-GAAP) was CAD 29.52 million; cash flow from operating activities totaled CAD 40.85 million.
Net debt (non-GAAP) fell 36% from Dec. 31, 2025 to CAD 125.76 million; the board cleared a NCIB for up to 5,000,000 shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calfrac Well Services Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061927PRIMZONEFULLFEED9805788) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Calfrac Q2 FY26 net income more than doubles to C$31.83 million; revenue rises 6% to C$426.69 million

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