DIRTT Environmental Solutions Ltd
TSX:DRT
DIRTT Environmental Solutions Ltd
DIRTT Environmental Solutions Ltd. engages in the manufacturing of customized interiors. The company is headquartered in Calgary, Alberta and currently employs 1,002 full-time employees. The company went IPO on 2013-11-28. The firm combines its three-dimensional (3D) design, configuration and manufacturing ICE software with integrated in-house manufacturing of its prefabricated interior construction solutions and a network of distribution partners. Its ICE Software provides design, drawing, specification, pricing and manufacturing process information, allowing production of custom solutions. Its interior construction solutions include prefabricated, customized interior modular walls, ceilings, and floors; decorative and functional millwork; power infrastructure; network infrastructure; and pre-installed medical gas piping systems. The firm offers interior construction solutions throughout the United States and Canada.
DIRTT Environmental Solutions Ltd. engages in the manufacturing of customized interiors. The company is headquartered in Calgary, Alberta and currently employs 1,002 full-time employees. The company went IPO on 2013-11-28. The firm combines its three-dimensional (3D) design, configuration and manufacturing ICE software with integrated in-house manufacturing of its prefabricated interior construction solutions and a network of distribution partners. Its ICE Software provides design, drawing, specification, pricing and manufacturing process information, allowing production of custom solutions. Its interior construction solutions include prefabricated, customized interior modular walls, ceilings, and floors; decorative and functional millwork; power infrastructure; network infrastructure; and pre-installed medical gas piping systems. The firm offers interior construction solutions throughout the United States and Canada.
Revenue Growth: DIRTT reported Q4 2025 revenue of $50.9 million, up 4% year-over-year.
Margin Recovery: Gross profit margin improved to 36.6% from 35.9% last year and up from 30.4% in Q3, driven by tariff mitigation synergies.
Earnings: Adjusted EBITDA for Q4 was $6.2 million, up from $5.5 million in the prior year and within guidance.
Net Loss: The company reported a net loss of $3.7 million, citing higher reorganization and impairment costs.
2026 Guidance: Fiscal 2026 revenue is expected between $194 million and $209 million, with adjusted EBITDA expected between $26 million and $31 million.
Strategic Progress: Management highlighted commercial wins, the launch of a new construction services division, and an optimized partner network as drivers for long-term growth.
Legal Update: The Falkbuilt litigation trial began in February 2026 and is ongoing.
