Concrete Pumping Holdings, Inc. recently released its 10-Q report. The company provides concrete pumping and waste management services in the United States and the United Kingdom through its U.S. Concrete Pumping, U.S. Concrete Waste Management Services and U.K. Operations segments. Its brands include Brundage-Bone, Camfaud, Capital Pumping and Eco-Pan, and it also leases and rents concrete pumping equipment, pans and containers.
In Item 2, Management’s Discussion and Analysis said total revenue rose 12.6% to $116.8 million in the three months ended July 31, 2026 from $103.7 million a year earlier. U.S. Concrete Pumping revenue increased 9.9% to $76.2 million, driven by higher commercial and infrastructure demand and pricing, especially from data center and infrastructure projects, along with more stable weather; that was partly offset by weaker light commercial and residential activity tied to high interest rates and economic uncertainty. U.S. Concrete Waste Management Services revenue grew 13.5% to $21.9 million on organic volume growth from commercial projects, including data center activity, infrastructure work and pricing gains. U.K. Operations revenue climbed 23.9% to $18.7 million, including a $3.1 million contribution from Templant and slightly higher pumping volumes.
Gross profit increased 12.0% to $45.2 million, while gross margin slipped to 38.7% from 39.0%, with fuel cost inflation cited as the main reason. General and administrative expenses rose to $30.1 million from $27.5 million, but fell to 25.8% of revenue from 26.5%; the increase was tied mainly to $0.8 million more stock-based compensation, $0.4 million more professional fees and additional costs from recent acquisitions. Excluding amortization, stock-based compensation, non-recurring items and depreciation, G&A was $25.1 million, or 21.5% of revenue, versus $23.5 million, or 22.7%, a year ago.
For the nine months ended July 31, 2026, revenue increased 10.6% to $314.1 million from $284.1 million. U.S. Concrete Pumping revenue rose 10.3% to $207.6 million, U.S. Concrete Waste Management Services increased 11.6% to $60.4 million, and U.K. Operations advanced 10.6% to $46.1 million. The company said the U.S. pumping gain was supported by commercial and infrastructure demand and pricing, particularly data center and infrastructure projects, plus more favorable weather, while the waste management business benefited from commercial project demand and the U.K. business continued to grow. The market has reacted to these announcements by moving the company's shares 16.68% to a price of $10.56. For more information, read the company's full 10-Q submission here.
