Stantec reported second quarter 2026 net revenue of $1.8 billion, up 11.5% year-over-year, and raised its full-year adjusted EBITDA margin target to a record range of 17.8% to 18.3%. Adjusted EBITDA rose 17.1% to $332.9 million, with adjusted EBITDA margin expanding 90 basis points to 18.7%, while adjusted EPS climbed 18.4% to $1.61. Contract backlog reached $9.2 billion, a 17.5% increase from a year earlier, and the company repurchased 1,667,292 common shares for $175.9 million in the first two quarters of 2026. On July 31, 2026, Stantec acquired Niche, a 200-person engineering and environmental consultancy firm in Australia, to bolster its Environmental Services operations. The company also declared a quarterly dividend of $0.245 per share, payable on October 15, 2026.
Stantec IncStrong Q2 results with raised EBITDA margin target and increased EPS.
Acquired by Stantec, likely positive for Niche's valuation.
