Expro Ltd
XPRO- Exchange
- NYSE
- Industry
- Oil & Gas Field Services, NEC
- SEC CIK
- 0002126198
No open-market purchases or sales by Expro Ltd insiders were filed in the last 90 days; 184 institutions reported holding it in 13F filings for Q2 2026, worth $1.68B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:25 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 25, 2025 | Feb 21, 2024 | Jan 12, 2023 | Mar 2, 2022 |
| Revenue | $1.61B | $1.71B | $1.51B | $1.28B | $825.8M |
| Research and development | $13.4M | $17.2M | $11.4M | $7.30M | $6.70M |
| Selling, general and administrative | $76.0M | $88.4M | $64.3M | $58.4M | $73.9M |
| Operating income | $81.1M | $94.2M | $10.8M | $2.46M | -$127.6M |
| Income tax | $34.7M | $46.0M | $44.3M | $41.2M | $16.3M |
| Net income | $51.7M | $51.9M | -$23.4M | -$20.1M | -$131.9M |
| EPS, basic | $0.45 | $0.45 | $-0.21 | $-0.18 | – |
| EPS, diluted | $0.45 | $0.45 | – | – | – |
| Weighted shares, basic | 115.0M | 114.8M | 109.2M | 109.1M | – |
| Weighted shares, diluted | 115.7M | 115.8M | – | – | – |
| Margins and growth | |||||
| Operating margin | 5.0% | 5.5% | 0.7% | 0.2% | -15.4% |
| Net margin | 3.2% | 3.0% | -1.5% | -1.6% | -16.0% |
| Revenue growth, year over year | −6.2% | +13.2% | +18.2% | +54.9% | +111.5% |
| Net income growth, year over year | −0.4% | – | – | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 25, 2025 | Feb 21, 2024 | Jan 12, 2023 | Mar 2, 2022 |
| Cash and equivalents | $196.1M | $183.0M | $151.7M | $214.8M | $235.4M |
| Accounts receivable | $477.0M | $517.6M | $469.1M | $419.2M | $319.3M |
| Inventory | $167.9M | $159.0M | $143.3M | $153.7M | $125.1M |
| Total current assets | $960.3M | $964.0M | $851.6M | $865.5M | $764.1M |
| Property, plant and equipment | – | – | $513.2M | $462.3M | $478.6M |
| Goodwill | $348.6M | $348.9M | $247.7M | $221.0M | $179.9M |
| Intangible assets | $251.3M | $298.9M | $239.7M | $229.5M | $253.1M |
| Total assets | $2.26B | $2.33B | $2.01B | $1.94B | $1.85B |
| Total current liabilities | $443.7M | $484.4M | $488.9M | $437.7M | $331.2M |
| Long-term debt | $79.1M | $121.1M | $20.0M | – | – |
| Total liabilities | $725.3M | $842.1M | $717.1M | $651.3M | $557.1M |
| Shareholders' equity | $1.53B | $1.49B | $1.30B | $1.29B | $1.30B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 25, 2025 | Feb 21, 2024 | Jan 12, 2023 | Mar 2, 2022 |
| Operating cash flow | $210.2M | $169.5M | $138.3M | $80.2M | $16.1M |
| Capital expenditures | $112.4M | $143.6M | $122.1M | $81.9M | $81.5M |
| Free cash flow | $97.8M | $25.9M | $16.2M | -$1.74M | -$65.4M |
| Depreciation and amortization | $192.1M | $163.5M | $172.3M | $139.8M | $123.9M |
| Stock-based compensation | $29.2M | $26.4M | $19.6M | $18.5M | $54.2M |
| Share buybacks | $40.1M | $14.2M | $20.0M | $13.0M | – |
| Investing cash flow | -$107.4M | -$165.1M | -$148.2M | -$71.2M | $112.0M |
| Financing cash flow | -$96.7M | $29.6M | -$49.3M | -$25.6M | -$7.18M |
| Net change in cash | $12.8M | $31.5M | -$65.3M | -$21.4M | $119.1M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.8% | 1.5% | 1.3% | 1.4% | 6.6% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 27, 2026 | 111.8M | −1.6% | SEC |
| Jul 21, 2026 | 112.3M | −2.8% | SEC |
| Apr 28, 2026 | 113.4M | −1.7% | SEC |
| Feb 11, 2026 | 113.8M | −2.2% | SEC |
| Oct 16, 2025 | 113.6M | −3.3% | SEC |
| Jul 22, 2025 | 115.6M | −1.6% | SEC |
| Apr 23, 2025 | 115.4M | +4.4% | SEC |
| Feb 18, 2025 | 116.4M | +5.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits. Stock splits since Dec 31, 2020, from 13F share counts: 1-for-6 in Q4 2021.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.