The financials
Expro Group Holdings N.V. by the numbers
Expro Group Holdings N.V. (XPRO) reported revenue of $368M in Q1 2026 (quarter ended March 31, 2026), down 6.0% from the same quarter a year earlier. That came with a gross margin of 19% and net loss of $1.0M. For the full year FY2025, revenue was $1.61B (−6.2% year on year) and net income $52M. Its largest segment in 2026-Q1 was NLA at $128M, 35% of the disclosed total, just ahead of ESSA at 31%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $368M | $391M | −6.0% |
| Gross profit | $70M | $85M | −18% |
| Operating income | $3.2M | $10M | −69% |
| Net income | −$1.0M | $14M | to a loss |
| Diluted EPS | −$0.01 | $0.12 | to a loss |
| Operating | Revenue | Share |
|---|---|---|
| NLA | $128M | 35% |
| ESSA | $114M | 31% |
| MENA | $82M | 22% |
| APAC | $44M | 12% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $367.6M (-11%)
ESSA grew +1.4% year on yearAPAC -14% year on year
Segment Latestquarter on quarteryear on year
- NLA$128.2M$128.2MQoQ -15%year on year -4.5%-15%-4.5%
- ESSA$113.9M$113.9MQoQ -9.5%year on year +1.4%-9.5%+1.4%
- MENA$81.7M$81.7MQoQ -5.1%year on year -13%-5.1%-13%
- APAC$43.8M$43.8MQoQ -9.8%year on year -14%-9.8%-14%
Oil & Gas Equipment & Services
Ranks #20 of 27 by Smart Score