Finning Third Quarter Revenue Up 7 Percent to 3.036 Billion Canadian Dollars: Record Equipment Backlog of 4.1 Billion and EPS of 1.20 Dollars
Finning International reported third quarter 2026 results on November 10. All amounts in the release are in Canadian dollars and from continuing operations. Revenue was 3.036 billion dollars, up 7 percent from 2.842 billion dollars a year earlier.
Product support revenue was 1.631 billion dollars, up 7 percent, the tenth consecutive quarter of year over year product support growth. New equipment revenue was 1.162 billion dollars, up 11 percent, and equipment rental revenue was 100 million dollars, up 27 percent.
Equipment backlog grew to a record 4.1 billion dollars at September 30, up 42 percent from September 30, 2025. The company said order intake outpaced deliveries in Canada and South America, particularly in the mining sector.
Earnings before interest and taxes were 243 million dollars, up 1 percent, at a margin of 8.0 percent. Net income from continuing operations was 155 million dollars and earnings per share were 1.20 dollars, up 3 percent from 1.17 dollars. Free cash flow was 70 million dollars.
By operation, EBIT margin was 10.0 percent in South America, 7.8 percent in Canada and 6.3 percent in the United Kingdom and Ireland. Canadian new equipment sales rose 55 percent and product support revenue rose 12 percent.
The board approved a quarterly dividend of 0.325 dollars per share, payable December 10 to shareholders of record on November 26. The company repurchased 0.6 million shares in the quarter at an average cost of 97.55 dollars per share.
Published by GSM · USA (original Chinese edition)
Photo: 图：卡特彼勒演示场上，一台挖掘机正向一辆矿用自卸车装料，前景有观众观看。MINING.com 摄，CC BY 2.0，经 Wikimedia Commons / Photo: Caterpillar Tinaja Hills Demonstration & Learning Center (22433427690). By MINING.com, CC BY 2.0, via Wikimedia Commons
Riskified Third-Quarter Revenue Up 41 Percent to $115.2 Million: Record Free Cash Flow of $15.2 Million, Full-Year Revenue Guidance Raised for a Third Time to $427 Million to $433 Million2026-11-11
FLSmidth Third-Quarter Total Order Intake Up 36 Percent: Net Profit DKK 388 Million, Full-Year Adjusted EBITA Margin Guidance Raised to About 16.5 Percent2026-11-11