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Montrose Environmental Group Reports Record First Quarter Results, Increases 2025 Guidance, and Announces Inaugural Stock Repurchase Program

Montrose Environmental Group, Inc. Reported record first quarter 2025 results with $177.8 million revenue and announced a $40 million stock repurchase program on May 7, 2025, in Little Rock, Ark.
These results followed a strategic acquisition pause in late 2024 aimed at focusing on organic revenue growth, margin improvements, cash flow generation, and balance sheet optimization.
During the first quarter, the company reported a net loss of $19.4 million alongside an adjusted net income of $5.8 million. Consolidated adjusted EBITDA reached a record $19.0 million, while cash generated from operations totaled $5.5 million, marking the strongest quarterly performance to date across these key financial indicators.
Montrose increased its 2025 consolidated adjusted EBITDA guidance to $103 million–$110 million while reaffirming revenue expectations of $735 million–$785 million, citing strong customer demand amid macroeconomic and geopolitical uncertainty.
In April 2025, the company repurchased $60 million in preferred stock and held liquidity of $294.2 million alongside a leverage ratio of 2.2x, reflecting a stronger financial outlook and a dedication to promoting both economic progress and environmental responsibility.

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Montrose Environmental Reports Wider Q1 Losses, Record Revenue

Montrose Environmental Group Inc. of North Little Rock (NYSE: MEG) on Wednesday reported its highest-ever first-quarter revenue. Revenue for the quarter was $177.8 million, up 14.5% from $155.3 million in the same period last year. The increase in revenue was primarily comprised of organic growth of $17.8 million, and contributions from acquisitions of $13.5 million. The company, which focuses on helping organizations address environmental chall…

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