Inferra AI / Company / STN

Stantec Inc.

STN · Industrials

Last earnings Aug 12, 2026  ·  Next earnings Nov 12, 2026

Key results

Adjusted net incomequarter

$154.7 million

n m not meaningful Q2 2025 compared to Q2 2024 We achieved record adjusted net income of $154.7 million and adjusted earnings per share of $1.36, both reflecting increases over 20%, driven by net revenue growth and operational performance.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

EPSquarter

$1.36

n m not meaningful Q2 2025 compared to Q2 2024 We achieved record adjusted net income of $154.7 million and adjusted earnings per share of $1.36, both reflecting increases over 20%, driven by net revenue growth and operational performance.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Net revenuequarter

6.9%

Net revenue increased 6.9% or $103.4 million, to $1.6 billion, primarily driven by 4.8% organic growth.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Net incomequarter

62.7%

Net income increased 62.7% or $52.2 million, to $135.4 million, and diluted EPS increased 63.0%, or $0.46, to $1.19, mainly due to increases in project margin and as a percentage of net revenue, lower administrative and marketing expenses partly offset by higher income tax expense.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Adjusted net income grew 21.6% or $27.5 million, to $154.7 million, achieving 9.7% of net revenue an increase of 120 basis points.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Net revenueytd

10.0%

Year-to-date Q2 2025 compared to year-to-date Q2 2024 Net revenue increased 10.0% or $286.3 million, to $3.1 billion, driven by 5.3% organic growth and 2.0% acquisition growth, as well as the positive impact of foreign exchange.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Net revenueQ2 2025

$286.3 million

Year-to-date Q2 2025 compared to year-to-date Q2 2024 Net revenue increased 10.0% or $286.3 million, to $3.1 billion, driven by 5.3% organic growth and 2.0% acquisition growth, as well as the positive impact of foreign exchange.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Net income increased 46.9% or $75.2 million, to $235.5 million, and diluted EPS increased 46.1%, or $0.65, to $2.06, mainly due to increases in project margin and as a percentage of net revenue, lower administrative and marketing expenses partly offset by higher income tax expense.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Adjusted EPSquarter

24.8%

Adjusted net income grew 24.9% or $57.3 million, to $287.5 million, achieving 9.1% of net revenue an increase of 110 basis points and adjusted diluted EPS increased 24.8%, or 0.50, to 2.52.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Revenuequarter

$1.6 billion

In Q2 2025, we delivered net revenue of $1.6 billion, achieving an overall 6.9% increase compared to Q2 2024.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

AI analysis

Q2 2025 · reported Aug 13, 2025

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Net revenue · Q2 2025
$286.3M
EX-99 · Aug 13, 2025
EPS · Q2 2025
$1.36
EX-99 · Aug 13, 2025
Adjusted net income · Q2 2025
$154.7M
EX-99 · Aug 13, 2025
Revenue · Q2 2025
$1.6B
EX-99 · Aug 13, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Adjusted net income$154.7 million——
EPS$1.36——
Net revenue6.9%——
Net income62.7%——
Adjusted EPS24.8%——
Revenue$1.6 billion——

EX-99 · Aug 13, 2025

Guidance · company-stated

Direction: Raised

Revenue

“Overall, we continue to expect to drive adjusted net income to a margin of greater than 8.8% of net revenue however, we now expect to deliver 18.5% to 21.5% growth in adjusted EPS in comparison to 2024, increased from 16% to 19% in our previous guidance, and adjusted ROIC greater than 12.5%.”

Company outlook — Raised

“Financial Targets - Revised We are revising upward and narrowing certain targets contained within our 2025 guidance (provided on page M-10 in our 2024 Annual Report, incorporated here by reference) based on the strength of our financial performance to date and the outlook for the balance of this year, further described below in the Outlook section.”

Classified from the release's primary full-year outlook statement.

Next earningsNov 12, 2026Verified from the company’s own announcement

Capital allocation

Dividend$0.225

Net debt to adjusted EBITDA (on a trailing twelve-month basis) at June 30, 2025 was 1.1x, remaining w ithin our internal target range of 1.0x to 2.0x.

Company-stated claims

Aug 12, 2026

Forward-looking · double · subscribers_users

“The project will more than double the reservoir s capacity to nearly 13,800 acre-feet and will help provide greater water security for hundreds of thousands of utility customers.”

EX-99 · Aug 12, 2026
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

All amounts shown in this report are in Canadian dollars unless otherwise indicated

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “Overall, we continue to expect to drive adjusted net income to a margin of greater than 8.8% of net revenue however, we now expect to deliver 18.5% to 21.5% growth in adjusted EPS in comparison to 2024, increased from 16% to 19% in our previous guidance, and adjusted ROIC greater than 12.5%.”

Company outlook — Raised (“upward”)
“Financial Targets - Revised We are revising upward and narrowing certain targets contained within our 2025 guidance (provided on page M-10 in our 2024 Annual Report, incorporated here by reference) based on the strength of our financial performance to date and the outlook for the balance of this year, further described below in the Outlook section.”

Revenue — Raised (“increased”)
“Overall, we continue to expect to drive adjusted net income to a margin of greater than 8.8% of net revenue however, we now expect to deliver 18.5% to 21.5% growth in adjusted EPS in comparison to 2024, increased from 16% to 19% in our previous guidance, and adjusted ROIC greater than 12.5%.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Net debt to adjusted EBITDA (on a trailing twelve-month basis) at June 30, 2025 was 1.1x, remaining w ithin our internal target range of 1.0x to 2.0x.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

On June 10, 2025, we issued $425 million senior unsecured notes due June 10, 2032 that bear interest at a fixed rate of 4.374% per annum.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

On June 11, 2025, we increased our unsecured revolving credit facility to $1.2 billion from $800 million and extended the maturity date to June 11, 2030 from June 27, 2029.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

On August 13, 2025, our Board of Directors decl ared a dividend of $0.225 per share, payable on October 15, 2025, to shareholders of record on September 29, 2025.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

This was primarily due to lower interest rates on our revolving credit and term loan facilities and lower net debt due to lower draws on our revolving credit facility relative to 2024.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Total long-term debt increased $126.8 million due to the issuance of $425 million in senior unsecured notes, partly offset by repayments made on our revolving credit facility, notes payable, and software financing obligations.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Strategy & priorities

Our strategy is guided by our vision the success of our clients, communities, and people worldwide is our greatest ambition.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Strategic Acquisitions Completed in 2025 and 2024 Following is a list of acquisitions that contributed to revenue growth in our reportable segments and business operating units BUSINESS OPERATING UNITS REPORTABLE SEGMENTS Date Acquired Primary Location # of Employees Infrastructure Water Buildings Environmental Services Energy Resources Canada Morrison Hershfield Group Inc.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

As well, Q2 2024 included a non-cash impairment charge of $16.5 million from our real estate optimization strategy.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

On July 31, 2025, we acquired Page, a 1,400-person architecture and engineering firm headquartered in Washington, DC that strategically complements our Buildings business and serves the advanced manufacturing, healthcare, mission critical, academic, civic, aviation, science and technology, and commercial markets.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

As well, 2024 included a non-cash impairment charge of $16.5 million from our real estate optimization strategy.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Risks & headwinds

Outlook The guidance provided in the Outlook section of our 2024 Annual Report (incorporated here by reference) was based on our expectation we would continue to see high levels of activities in all regions, despite heightened levels of market uncertainty remaining.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

While these heightened levels of market uncertainties persist in the near term, particularly in the US, global trends continue to drive strong demand for our services and our diversification of services across sectors and geographies creates resilience within our operations.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Another key driver is the ongoing challenge to tackle climate change and resource security.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

The significant judgments made by management when applying the Company s accounting policies and the key sources of estimation uncertainty were the same as those that applied to the Company s December 31, 2024 annual consolidated financial statements.

SEC original ↗Stantec Inc. — Earnings release (6-K exhibit)EX-99Aug 13, 2025

Documents

Earnings deck slides

0 decks with slide view

Stantec Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

55 documents

Earnings releases

19 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Stantec Inc. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Stantec Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.