=== Concrete Pumping Holdings (BBCP) reported earnings on Thur 4 June 26 (a/h)

 

Concrete Pumping Holdings beats Q2 estimates, raises FY26 revenue guidance to $410M–$425M on data center, infrastructure strength

• Q2 non-GAAP EPS $0.04, +500% YoY, beat estimates as revenue grew 14% to $106.8m.
• FY26 guidance raised: revenue $410–425m, adjusted EBITDA $98–105m, free cash flow ≥$45m.
• Adjusted EBITDA increased 17% in Q2; gross margin 38.6%, EBITDA margin improved 80 bps despite parts and labor inflation.
• U.S. Concrete Pumping and Eco-Pan led growth; U.K. remained soft excluding FX and acquisitions.
• Data center and chip-plant work now 10–12% of revenue versus 4–5% last year.
• Outlook assumes no recovery in residential or light commercial; expects tempered 2H growth on tough comps.
• Net leverage 3.8x with $346m liquidity; ongoing share repurchases, $11.9m authorization remaining.
• Templant acquisition broadens U.K. temporary power services, supporting multiservice platform diversification strategy.
• Q&A focused on data center margins and sustainability, plus timing of accelerated fleet investments.
• Main concern: Sustainability of data center and infrastructure strength amid ongoing residential, U.K., and macro softness.
• Strong quarter, driven by robust U.S. large-scale projects, pricing discipline, and operating leverage despite inflation.