Logotype for Pason Systems Inc

Pason Systems (PSI) investor relations material

Pason Systems Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Pason Systems Inc
Q2 2025 earnings summary7 Aug, 2025

Executive summary

  • Q2 2025 consolidated revenue was $96.4M, up 1% year-over-year despite industry declines.

  • Net income rose to $12.6M ($0.16/share), a 16% increase year-over-year, aided by lower stock-based compensation.

  • Adjusted EBITDA was $31.6M (32.7% margin), down from $33.1M (34.6% margin) in Q2 2024.

  • $20.2M was returned to shareholders via dividends and share repurchases in Q2 2025.

  • Quarterly dividend of $0.13/share declared, payable September 29, 2025.

Financial highlights

  • North American drilling revenue fell 2% year-over-year, outperforming a 5% decline in industry activity.

  • International drilling revenue dropped 11% year-over-year due to reduced activity in Argentina.

  • Completion segment revenue rose 12% year-over-year to $15.3M, despite a 25% drop in US frac spreads.

  • Solar and energy storage revenue increased 58% year-over-year to $5M, driven by project delivery timing.

  • Free cash flow was $5.3M, down 34% from Q2 2024, reflecting tougher industry conditions.

Outlook and guidance

  • Full-year 2025 capital expenditures now expected at $55M–$60M, down from $65M planned.

  • Margins in completions and solar/energy storage expected to expand as revenues grow.

  • Anticipates continued outperformance versus industry, supported by automation and analytics adoption.

  • Macroeconomic uncertainty, OPEC+ production cuts, and geopolitical factors expected to impact activity.

  • Maintenance capital remains a top priority for customers amid economic uncertainty.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Pason Systems earnings date

Logotype for Pason Systems Inc
Q3 20257 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Pason Systems earnings date

Logotype for Pason Systems Inc
Q3 20257 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, 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.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

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.
App-store-avatar.png play-store-avatar.png
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
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.
App-store-avatar.png play-store-avatar.png
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Pason Systems Inc. is an energy services company specializing in advanced data management and analytics solutions for the oil and gas industry. The company provides real-time drilling data, automated reporting, and remote communications technology to enhance operational efficiency and decision-making for drilling companies. Its product offerings include rig-based data acquisition systems, cloud-based analytics platforms, and software solutions for performance optimization. The company is headquartered in Calgary, Canada, and its shares are listed on the TSX.

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