)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
DIRTT Environmental Solutions (DRTT) investor relations material
DIRTT Environmental Solutions Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Q3 2025 marked a return to positive adjusted EBITDA and improving margins, supported by cost reduction and tariff mitigation, despite a 13% year-over-year revenue decline due to order delays and tariffs.
The Transformation Office was established to drive strategic transformation, operational efficiency, and cost improvements, incurring $2.6 million in reorganization expenses.
Construction Services division was formalized, contributing $50 million to the $333 million 12-month forward pipeline, with notable wins from clients like Google and Exxon.
The 12-month forward sales pipeline increased 20% since January 2025, reaching $333–$333.5 million, with 49% from repeat customers.
Net loss after tax was $3.5 million, compared to net income of $7.1 million in Q3 2024.
Financial highlights
Q3 2025 revenue was $37.7 million, down 13% year-over-year; product revenue was $36.7 million and service revenue $1.0 million.
Gross profit margin was 30.4% in Q3 2025, up from 27.8% in Q2 2025 but down from 38.8% in Q3 2024; adjusted gross profit margin was 33.1%.
Adjusted EBITDA was $1.2 million (3.1% margin), down from $4.1 million (9.4%) in Q3 2024.
Operating expenses (excluding special items) decreased 17% year-over-year to $11.8 million; sales and marketing and G&A expenses also declined.
Liquidity at quarter-end was $32.3 million, including $26.1 million cash and $6.2 million undrawn ABL facility.
Outlook and guidance
Q4 2025 revenue expected between $48–$52 million; adjusted EBITDA forecasted at $5–$7 million.
12-month forward pipeline at $333–$333.5 million, up 20% from January 2025.
Construction Services division represents $50 million of the pipeline and is expected to contribute more than 10% of revenue in 2026.
Transformation Office program to continue into 2026, aiming for cost improvements and productivity gains.
Management expects continued operating leverage and margin improvement as revenue scales.
Quantify expected operating leverage from transformation
How does Construction Services alter market access?
Pipeline conversion rate outlook with CS growth?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next DIRTT Environmental Solutions earnings date
Q4 202526 Feb, 2026
Next DIRTT Environmental Solutions earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
DIRTT Environmental Solutions Ltd. is a Canada-based company specializing in the design and manufacturing of customizable interior construction solutions. The company uses a proprietary technology platform to produce prefabricated modular walls, doors, millwork, and other architectural components tailored to client specifications. DIRTT serves a range of sectors, including healthcare, education, corporate, and hospitality, offering sustainable and efficient building solutions that reduce construction time and waste. The company is headquartered in Calgary, Alberta, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage