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DIRTT reports Q1 2026 revenue up 3% but posts $3.3M net loss amid rising costs and restructuring.

Company Fundamentals
06 May 2026
GlobeNewsWire
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Bearish
pluang ai news

DIRTT Environmental Solutions reported a 3% revenue increase to $42.4 million in Q1 2026 compared to Q1 2025, but faced a net loss of $3.3 million, up from $0.7 million the previous year. The decline in profit margins was driven by higher raw material costs, tariffs, and restructuring expenses. Despite these challenges, DIRTT's forward-looking project pipeline grew 16% year-over-year, and the company maintains its 2026 revenue guidance of $194-$209 million and Adjusted EBITDA of $26-$31 million. Management is focused on improving operational efficiency and mitigating cost pressures to enhance long-term shareholder value.

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