Stantec reported a net revenue of $1.6 billion in Q2 2025, a 6.9% increase from Q2 2024, driven by 4.8% organic growth. Adjusted EBITDA increased by 15.0% to $284.4 million, with a margin of 17.8%. Diluted EPS was $1.19, and adjusted EPS was $1.36. Contract backlog increased to $7.9 billion, up 9.9% year-over-year.

Stantec’s strong performance and acquisitions have led to an increase in net revenue growth guidance to 10-12% for 2025. Adjusted EBITDA margin is now expected to be 17.0-17.4%, with adjusted EPS growth of 18.5-21.5%. The company has also revised its ROIC target to above 12.5%.

In Q2 2025, Stantec saw a 6.9% increase in net revenue to $1.6 billion, with project margin up to $864.7 million. Adjusted EBITDA increased by 15.0% to $284.4 million, and net income rose by 62.7% to $135.4 million. Contract backlog reached $7.9 billion, showing 9.9% overall growth year over year.

Year-to-date Q2 2025 compared to year-to-date Q2 2024, Stantec’s net revenue increased by 10.0% to $3.1 billion, with adjusted EBITDA up 16.9% to $536.7 million. Net income rose by 46.9% to $235.5 million, with adjusted EPS at $2.52. Operating cash flows increased by 100% to $234.7 million.

Stantec has revised its 2025 targets, now expecting net revenue growth of 10-12% and adjusted EPS growth of 18.5-21.5%. The company’s strong performance and recent acquisitions have led to an increase in guidance across various financial metrics, including EBITDA margin and ROIC.

Read more at Globe Newswire: Stantec reports second quarter 2025 results, delivering