Finning reports Q3 profit and revenue up from year ago, backlog hits record
Revenue rose to $3.04 billion and profit edged higher as Finning’s equipment backlog hit a record $4.1 billion, the company said.
- On Tuesday, Finning International Inc. reported third-quarter revenue of $3.04 billion and earnings of $155 million, or $1.19 per diluted share, with equipment backlog reaching a record $4.1 billion at September 30.
- These results improved upon the same quarter last year, when Finning posted $2.84 billion in revenue and $154 million in profit, or $1.16 per diluted share, amid efforts to manage rising costs.
- Finning CEO Kevin Parkes attributed the performance to a growing installed base creating significant product support opportunities, while disciplined cost and capital management strengthen business resilience against rising costs.
- Financial figures were restated to exclude discontinued operations, specifically the sales of interests in ComTech and 4Refuel, which were completed on May 15, 2025 and June 30, 2025, respectively.
- Strong demand for electric power solutions in data centers and mining positions Finning for sustained earnings growth, with activity levels expected to improve in the coming years.
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What Finning International (FTT) Said on Its Q3 Earnings Call
Finning International (TSE:FTT) reported higher third-quarter revenue and earnings as equipment deliveries and product support grew, while its equipment backlog climbed to a record CAD 4.1 billion. Revenue rose 7% from a year earlier to more than CAD 3 billion, the second consecutive quarter above
Finning International Inc. reports Q3 profit and revenue up from year ago, backlog hits record
Finning International Inc. reported its third-quarter profit and revenue were up from a year ago. The heavy equipment dealer says it earned $155 million or $1.19 per diluted share from continuing operations for the quarter ended Sept. 30. The result was up from a profit of $154 million or $1.16 per diluted share in the same quarter last year. Revenue for the quarter totalled $3.04 billion, up from $2.84 billion in the third quarter of 2025. Finn…
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The Manila TimesFinning reports Q3 2026 results
VANCOUVER, British Columbia, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Finning International Inc. (TSX: FTT) (“Finning”, the “Company”, “we”, “our” or “us”) reported third quarter 2026 results today. All monetary amounts are in Canadian dollars unless otherwise stated and all financial…
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