NV5 Global
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NV5 Global (NVEE) investor relations material

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NV5 Global Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary28 Jun, 2025

Executive summary

  • Gross revenues rose 8.9% year-over-year to $252.0M for Q2 2025, driven by organic growth and acquisitions, with net income up 116.7% to $11.7M for the quarter and 121.5% to $12.1M for the six months.

  • Five acquisitions completed in 2025 for $14.6M, and a merger with Acuren Corporation was approved, with NV5 shareholders to receive $23.00 per share in cash and Acuren stock.

  • Gross profit margin declined slightly to 50.3% in Q2 2025 from 51.8% in Q2 2024, mainly due to higher sub-consultant services in geospatial solutions.

Financial highlights

  • Q2 2025 net income was $11.7M, up from $5.4M in Q2 2024; six-month net income was $12.1M, up from $5.5M year-over-year.

  • Gross revenues for Q2 2025 were $252.0M, up from $231.3M; six-month revenues were $486.0M, up from $443.9M.

  • Operating expenses increased 9.5% in Q2 2025, mainly from payroll and merger-related costs.

  • Interest expense decreased by $1.2M in Q2 2025 due to lower rates and reduced debt.

  • Other income rose by $11.4M in Q2 2025, primarily from an insurance recovery claim.

Outlook and guidance

  • Management expects liquidity from operations, cash, and credit facility to be sufficient for at least the next 12 months.

  • No significant cash requirements are anticipated beyond current projections, including after the Senior Credit Facility matures in 2026.

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Frequently asked questions

NV5 Global Inc. is a provider of professional and technical engineering and consulting services. The company offers solutions in areas such as infrastructure, energy, construction quality assurance, environmental compliance, and geospatial technology. NV5 serves a diverse clientele, including public and private sector organizations, focusing on projects that support sustainable and efficient infrastructure development and management. The company is headquartered in Hollywood, Florida, and its shares are listed on the NASDAQ.