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DIRTT Environmental Solutions (DRTT) Financials

DIRTT Environmental Solutions logo
$0.61 0.00 (-0.38%)
As of 07/15/2026
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Annual Income Statements for DIRTT Environmental Solutions

Annual Income Statements for DIRTT Environmental Solutions

This table shows DIRTT Environmental Solutions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -7.73 -0.88 -4.40 -11 -54 -55 -15 15 -14
Consolidated Net Income / (Loss)		 -7.73 5.55 -4.40 -11 -54 -55 -15 15 -14
Net Income / (Loss) Continuing Operations		 -7.73 -0.88 -4.40 -11 -54 -55 -15 15 -14
Total Pre-Tax Income 		-7.27 8.83 -3.38 -9.19 -54 -55 -14 15 -14
Total Operating Income		 -6.50 5.69 -2.45 -21 -62 -59 -17 4.23 -11
Total Gross Profit		 85 107 86 53 23 28 60 64 55
Total Revenue		 227 275 248 172 148 172 182 174 169
Operating Revenue		 227 275 248 172 148 172 182 174 169
Total Cost of Revenue		 141 168 161 118 124 144 122 110 113
Operating Cost of Revenue		 141 168 161 118 124 144 122 110 113
Total Operating Expenses		 92 101 89 75 85 87 76 60 67
Selling, General & Admin Expense		 28 29 28 27 31 25 22 20 24
Marketing Expense		 46 41 34 28 31 27 25 23 21
Research & Development Expense		 6.34 4.18 7.82 8.11 8.23 7.56 5.82 5.26 4.59
Other Operating Expenses / (Income)		 9.95 12 15 12 14 14 12 10 10
Impairment Charge		 0.00 8.68 0.00 0.00 1.44 0.00 8.72 0.53 2.95
Restructuring Charge		 1.14 7.38 4.56 0.00 0.00 13 3.01 1.11 4.93
Total Other Income / (Expense), net		 -0.77 -3.29 -0.93 12 8.07 4.10 2.30 11 -2.64
Interest Expense		 0.50 0.50 0.13 0.31 3.13 5.16 4.93 -6.43 1.85
Interest & Investment Income		 0.40 0.43 0.53 0.24 0.08 0.05 0.49 1.59 0.94
Other Income / (Expense), net		 -0.67 3.21 -1.32 12 11 9.21 6.74 2.97 -1.72
Income Tax Expense		 0.46 3.28 1.02 2.10 -0.20 0.02 0.33 0.45 0.51
Basic Earnings per Share		 ($0.09) $0.07 ($0.05) ($0.13) ($0.55) ($0.55) ($0.13) $0.08 ($0.08)
Weighted Average Basic Shares Outstanding		 84.68M 84.48M 84.67M 84.68M 96.83M 99.83M 116.14M 190.54M 190.98M
Diluted Earnings per Share		 ($0.09) $0.07 ($0.05) ($0.13) ($0.55) ($0.55) ($0.13) $0.07 ($0.08)
Weighted Average Diluted Shares Outstanding		 84.68M 85.01M 84.67M 84.68M 96.83M 99.83M 116.14M 240.24M 190.98M
Weighted Average Basic & Diluted Shares Outstanding		 - - 84.67M 84.68M 85.03M 97.96M 191.11M 189.63M 191.84M

Quarterly Income Statements for DIRTT Environmental Solutions

This table shows DIRTT Environmental Solutions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -6.31 1.49 3.05 0.60 7.09 4.04 -0.66 -6.60 -3.48 -3.70 -3.27
Consolidated Net Income / (Loss)		 -6.31 0.96 3.05 0.60 7.09 4.04 -0.66 -6.60 -3.48 -3.70 -3.27
Net Income / (Loss) Continuing Operations		 -6.31 1.49 3.05 0.60 7.09 4.04 -0.66 -6.60 -3.48 -3.70 -3.27
Total Pre-Tax Income 		-6.31 1.29 3.08 0.91 7.11 4.12 -0.62 -6.50 -3.33 -3.50 -3.19
Total Operating Income		 -6.10 1.94 -0.21 1.02 1.18 2.24 -0.32 -4.34 -3.70 -2.95 -3.26
Total Gross Profit		 17 19 15 15 17 18 15 11 11 19 13
Total Revenue		 50 51 41 41 43 49 41 39 38 51 42
Operating Revenue		 50 51 41 41 43 49 41 39 38 51 42
Total Cost of Revenue		 32 32 26 26 27 31 27 28 26 32 29
Operating Cost of Revenue		 32 32 26 26 27 31 27 28 26 32 29
Total Operating Expenses		 23 17 15 14 16 15 15 15 15 22 16
Selling, General & Admin Expense		 4.67 5.65 4.57 4.39 5.83 5.11 5.48 5.74 4.43 7.96 5.44
Marketing Expense		 6.16 6.93 5.92 6.06 5.18 5.77 5.18 5.29 4.80 5.35 5.03
Research & Development Expense		 1.24 1.77 1.25 1.44 1.29 1.28 1.23 1.48 0.81 1.07 0.94
Other Operating Expenses / (Income)		 2.82 1.50 2.45 2.27 2.72 2.97 2.77 2.47 2.54 2.28 2.49
Impairment Charge		 7.95 0.76 0.53 0.00 0.00 - 0.00 0.00 0.00 2.95 0.00
Restructuring Charge		 0.32 0.15 0.14 0.20 0.60 0.17 0.21 0.17 2.59 1.95 2.37
Total Other Income / (Expense), net		 -0.21 -0.65 3.29 -0.11 5.93 1.88 -0.29 -2.16 0.37 -0.55 0.07
Interest Expense		 1.20 1.29 -1.88 0.95 -5.95 0.45 0.44 0.48 0.46 0.47 0.35
Interest & Investment Income		 0.16 0.22 0.49 0.48 0.34 0.28 0.26 0.23 0.23 0.22 0.08
Other Income / (Expense), net		 0.82 0.42 0.92 0.36 -0.36 2.06 -0.11 -1.91 0.60 -0.30 0.34
Income Tax Expense		 0.00 0.33 0.03 0.32 0.02 0.08 0.05 0.11 0.16 0.20 0.08
Basic Earnings per Share		 ($0.05) - $0.02 $0.00 $0.04 $0.02 $0.00 ($0.03) ($0.02) ($0.03) ($0.02)
Weighted Average Basic Shares Outstanding		 118.94M 116.14M 183.67M 192.03M 193.02M 190.54M 191.58M 190.54M 190.98M 190.98M 192.36M
Diluted Earnings per Share		 ($0.05) $0.01 $0.01 $0.00 $0.03 $0.03 $0.00 ($0.03) ($0.02) ($0.03) ($0.02)
Weighted Average Diluted Shares Outstanding		 118.94M 116.14M 288.48M 310.09M 241.27M 240.24M 191.58M 190.54M 190.98M 190.98M 192.36M
Weighted Average Basic & Diluted Shares Outstanding		 104.79M 191.11M 191.88M 192.97M 193.39M 189.63M 189.58M 190.33M 191.83M 191.84M 193.68M

Annual Cash Flow Statements for DIRTT Environmental Solutions

This table details how cash moves in and out of DIRTT Environmental Solutions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -6.19 -6.47 -7.31 -1.33 18 -49 11 5.03 -8.96
Net Cash From Operating Activities		 19 10 13 12 -31 -44 15 7.34 -0.19
Net Cash From Continuing Operating Activities		 19 10 13 12 -31 -44 15 7.34 -0.19
Net Income / (Loss) Continuing Operations		 -7.73 5.55 -4.40 -11 -54 -55 -15 15 -14
Consolidated Net Income / (Loss)		 -7.73 5.55 -4.40 -11 -54 -55 -15 15 -14
Depreciation Expense		 13 14 12 12 15 15 8.93 6.58 6.18
Non-Cash Adjustments To Reconcile Net Income		 2.60 8.72 0.60 8.68 7.12 1.92 5.80 -8.61 8.27
Changes in Operating Assets and Liabilities, net		 12 -18 4.91 3.40 0.83 -6.34 15 -5.39 -0.19
Net Cash From Investing Activities		 -19 -13 -15 -19 -14 -4.02 7.66 -1.90 -3.72
Net Cash From Continuing Investing Activities		 -19 -13 -15 -20 -14 -4.02 7.66 -1.90 -3.72
Purchase of Property, Plant & Equipment		 -20 -14 -16 -20 -15 -4.07 -3.04 -3.04 -3.26
Sale of Property, Plant & Equipment		 0.11 0.06 0.06 0.05 0.02 0.23 0.01 1.04 0.00
Divestitures		 - - - - 0.00 0.00 11 0.00 0.00
Other Investing Activities, net		 0.28 0.18 0.51 - 0.46 -0.18 -0.27 0.10 -0.46
Net Cash From Financing Activities		 -9.11 -3.07 -5.48 5.72 62 -0.87 -12 -0.42 -4.98
Net Cash From Continuing Financing Activities		 -9.11 -3.07 -5.48 5.72 62 -0.87 -12 -0.42 -4.98
Repayment of Debt		 -3.79 -4.61 -5.56 -0.41 -1.81 -2.47 -12 -21 -0.40
Repurchase of Common Equity		 - - - - - 0.00 0.00 -0.04 -4.39
Other Financing Activities, net		 2.41 1.54 0.08 - -0.65 -1.04 -0.03 21 -0.20
Cash Interest Paid		 0.61 0.50 0.10 0.10 1.54 4.42 3.98 2.87 1.42
Cash Income Taxes Paid		 -2.76 -3.82 -2.52 1.82 0.43 3.21 0.00 -0.75 -0.24

Quarterly Cash Flow Statements for DIRTT Environmental Solutions

This table details how cash moves in and out of DIRTT Environmental Solutions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 0.59 2.66 14 0.54 -15 5.36 -0.65 -5.53 3.03 -5.80 -5.33
Net Cash From Operating Activities		 1.92 10 -2.04 1.64 1.52 6.22 3.68 -3.92 4.39 -4.34 1.21
Net Cash From Continuing Operating Activities		 1.92 10 -2.04 1.64 1.52 6.22 3.68 -3.92 4.39 -4.34 1.21
Net Income / (Loss) Continuing Operations		 -6.31 0.96 3.05 0.60 7.09 4.04 -0.66 -6.60 -3.48 -3.70 -3.27
Consolidated Net Income / (Loss)		 -6.31 0.96 3.05 0.60 7.09 4.04 -0.66 -6.60 -3.48 -3.70 -3.27
Depreciation Expense		 2.02 1.72 1.53 1.52 1.49 2.03 1.48 1.55 1.53 1.62 1.43
Non-Cash Adjustments To Reconcile Net Income		 8.66 0.34 -2.68 0.49 -4.83 -1.59 1.18 2.49 0.31 4.28 0.37
Changes in Operating Assets and Liabilities, net		 -2.45 7.12 -3.95 -0.96 -2.23 1.74 1.69 -1.36 6.03 -6.54 2.69
Net Cash From Investing Activities		 -0.66 0.57 0.28 -0.84 -0.60 -0.74 -0.73 -0.98 -0.78 -1.24 -0.73
Net Cash From Continuing Investing Activities		 -0.66 0.57 0.28 -0.84 -0.60 -0.74 -0.73 -0.98 -0.78 -1.24 -0.73
Purchase of Property, Plant & Equipment		 -0.54 -0.20 -0.79 -0.80 -0.72 -0.73 -0.78 -0.95 -0.77 -0.76 -0.71
Other Investing Activities, net		 -0.14 -0.22 0.04 -0.05 0.12 -0.02 0.05 -0.03 -0.01 -0.48 -0.02
Net Cash From Financing Activities		 -0.55 -8.19 16 -0.15 -16 -0.13 -3.61 -0.63 -0.42 -0.32 -5.70
Net Cash From Continuing Financing Activities		 -0.55 -8.19 16 -0.15 -16 -0.13 -3.61 -0.63 -0.42 -0.32 -5.70
Repayment of Debt		 -0.55 -8.19 -5.07 -0.02 -16 -0.16 -0.10 -0.09 -0.12 -0.08 -12
Repurchase of Common Equity		 - - 0.00 - - -0.04 -3.51 -3.99 -0.21 -0.18 -0.14
Issuance of Debt		 - - - - - - 0.00 - - - 6.91
Other Financing Activities, net		 - - 21 -0.13 -0.03 0.08 -0.00 3.45 -0.09 -0.05 -0.40
Cash Interest Paid		 1.04 0.90 1.01 0.67 0.85 0.34 0.36 0.35 0.37 0.35 0.40
Cash Income Taxes Paid		 -0.02 0.01 0.00 -0.41 -0.13 -0.21 -0.01 0.00 -0.00 -0.24 -0.07

Annual Balance Sheets for DIRTT Environmental Solutions

This table presents DIRTT Environmental Solutions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 176 176 183 199 144 124 118 103
Total Current Assets		 118 93 85 104 62 64 67 62
Cash & Equivalents		 53 47 46 60 11 25 29 20
Restricted Cash		 - - 0.00 3.10 3.42 0.36 0.24 0.25
Accounts Receivable		 44 25 19 18 22 16 20 23
Inventories, net		 19 18 16 18 22 17 15 16
Prepaid Expenses		 2.22 3.34 4.07 4.40 3.83 4.02 2.61 2.97
Plant, Property, & Equipment, net		 37 41 50 52 42 25 20 15
Total Noncurrent Assets		 21 41 48 44 40 36 31 25
Intangible Assets		 8.34 8.21 8.34 7.40 4.41 2.45 2.55 3.01
Other Noncurrent Operating Assets		 5.26 26 39 37 36 33 28 22
Total Liabilities & Shareholders' Equity		 176 176 183 199 144 124 118 103
Total Liabilities		 52 51 67 132 126 117 76 74
Total Current Liabilities		 48 34 31 37 36 34 30 57
Short-Term Debt		 2.50 - 0.90 3.32 3.31 0.84 0.36 23
Accounts Payable		 31 20 20 23 20 20 16 19
Current Deferred Revenue		 7.70 3.57 1.82 2.42 4.87 5.29 4.03 3.51
Other Current Liabilities		 6.82 10 8.28 8.59 7.95 7.74 8.84 11
Total Noncurrent Liabilities		 4.09 16 35 95 90 83 46 17
Long-Term Debt		 3.13 - 5.07 67 62 55 22 0.22
Other Noncurrent Operating Liabilities		 0.00 16 30 27 28 28 24 17
Total Equity & Noncontrolling Interests		 124 125 117 68 18 7.10 43 29
Total Preferred & Common Equity		 124 125 117 68 18 7.10 43 29
Total Common Equity		 124 125 117 68 18 7.10 43 29
Common Stock		 187 189 191 195 200 204 227 226
Retained Earnings		 -42 -46 -57 -111 -166 -181 -166 -181
Accumulated Other Comprehensive Income / (Loss)		 -22 -18 -17 -16 -16 -16 -19 -17

Quarterly Balance Sheets for DIRTT Environmental Solutions

This table presents DIRTT Environmental Solutions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 130 132 133 118 112 110 109 95
Total Current Assets		 68 74 77 63 63 61 61 57
Cash & Equivalents		 19 39 40 24 28 23 26 15
Restricted Cash		 2.98 0.24 0.24 0.24 0.24 0.24 0.24 0.25
Accounts Receivable		 21 16 18 21 17 18 16 25
Inventories, net		 17 16 15 15 14 16 16 15
Prepaid Expenses		 4.02 2.43 3.52 3.60 2.66 3.44 3.25 2.50
Plant, Property, & Equipment, net		 26 24 23 22 19 19 18 14
Total Noncurrent Assets		 37 35 34 34 30 30 30 24
Intangible Assets		 2.17 2.70 2.83 3.18 2.75 3.06 3.15 2.92
Other Noncurrent Operating Assets		 34 32 31 30 27 27 27 21
Total Liabilities & Shareholders' Equity		 130 132 133 118 112 110 109 95
Total Liabilities		 124 101 101 78 73 75 78 71
Total Current Liabilities		 42 27 29 29 39 41 44 49
Short-Term Debt		 8.96 0.68 0.73 0.38 12 12 12 12
Accounts Payable		 19 15 17 16 14 16 17 21
Current Deferred Revenue		 6.74 3.08 2.91 3.52 3.66 3.39 5.77 5.22
Other Current Liabilities		 7.31 8.36 8.71 8.79 8.97 9.21 8.63 11
Total Noncurrent Liabilities		 83 73 72 49 34 34 34 21
Long-Term Debt		 54 46 46 24 11 11 11 5.46
Other Noncurrent Operating Liabilities		 29 27 26 26 23 23 23 16
Total Equity & Noncontrolling Interests		 5.91 31 32 40 39 34 31 24
Total Preferred & Common Equity		 5.91 31 32 40 39 34 31 24
Total Common Equity		 5.91 31 32 40 39 34 31 24
Common Stock		 204 226 226 226 224 225 226 226
Retained Earnings		 -182 -178 -177 -170 -167 -173 -177 -184
Accumulated Other Comprehensive Income / (Loss)		 -16 -16 -17 -16 -18 -17 -17 -17

Annual Metrics And Ratios for DIRTT Environmental Solutions

This table displays calculated financial ratios and metrics derived from DIRTT Environmental Solutions' official financial filings.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - -
Revenue Growth		 0.00% 21.25% -9.81% -30.77% -13.94% 16.65% 5.67% -4.19% -3.13%
EBITDA Growth		 0.00% 297.31% -62.55% -69.54% -1,507.72% 4.38% 97.46% 1,663.56% -149.76%
EBIT Growth		 0.00% 224.31% -142.38% -141.77% -456.79% 1.94% 80.30% 173.36% -280.97%
NOPAT Growth		 0.00% 178.65% -147.94% -767.89% -191.17% 4.67% 71.96% 135.39% -292.95%
Net Income Growth		 0.00% 171.84% -179.21% -157.01% -375.02% -2.41% 73.47% 201.28% -197.82%
EPS Growth		 0.00% 177.78% -171.43% -160.00% -323.08% 0.00% 76.36% 153.85% -214.29%
Operating Cash Flow Growth		 0.00% -48.20% 32.73% -6.54% -349.98% -41.81% 133.49% -50.45% -102.61%
Free Cash Flow Firm Growth		 0.00% 0.00% 94.73% -261.14% -203.76% 14.83% 154.87% -65.11% -156.50%
Invested Capital Growth		 0.00% 0.00% 2.75% -1.49% -2.16% -7.75% -44.92% -7.08% -11.50%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% -6.03% 0.50% -0.29% 4.90% -1.16% 1.22%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 170.70% -40.97% 22.30% 86.82% 19.52% -718.59%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 40.36% -28.90% 17.97% 41.64% 36.75% -137.51%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 12.88% -17.72% 16.59% 27.12% 10.64% -84.71%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 22.95% -28.29% 15.53% 31.99% 26.38% -115.35%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 23.53% -12.24% 27.63% -8.33% 40.00% -300.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -62.33% 334.56% -62.82% 18.73% 86.76% -34.75% -101.85%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 15.62% -220.62% 131.31% -31.95% -150.27%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 15.44% -5.06% 0.00% -17.75% -11.59% 11.44%
Profitability Metrics		 - - - - - - - - -
Gross Margin		 37.74% 38.96% 34.89% 31.07% 15.90% 16.36% 32.73% 36.93% 32.84%
EBITDA Margin		 2.51% 8.23% 3.42% 1.50% -24.60% -20.16% -0.48% 7.90% -4.06%
Operating Margin		 -2.87% 2.07% -0.99% -12.40% -41.97% -34.30% -9.10% 2.42% -6.70%
EBIT Margin		 -3.16% 3.24% -1.52% -5.32% -34.43% -28.95% -5.39% 4.13% -7.72%
Profit (Net Income) Margin		 -3.41% 2.02% -1.77% -6.59% -36.36% -31.93% -8.02% 8.47% -8.56%
Tax Burden Percent		 106.30% 62.85% 130.17% 122.88% 99.62% 100.04% 102.33% 97.06% 103.64%
Interest Burden Percent		 101.41% 99.12% 89.46% 100.73% 106.01% 110.25% 145.21% 211.36% 106.99%
Effective Tax Rate		 0.00% 37.15% 0.00% 0.00% 0.00% 0.00% 0.00% 2.94% 0.00%
Return on Invested Capital (ROIC)		 0.00% 9.45% -2.23% -19.28% -57.18% -57.33% -21.60% 11.16% -23.71%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 1.20% 3.41% -27.53% 5.99% -103.99% -28.89% 100.70% 274.98%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -0.47% -1.30% 9.92% -1.06% -70.85% -94.64% 48.29% -16.91%
Return on Equity (ROE)		 0.00% 8.99% -3.54% -9.36% -58.24% -128.18% -116.24% 59.45% -40.63%
Cash Return on Invested Capital (CROIC)		 0.00% -190.55% -4.95% -17.78% -55.00% -49.27% 36.33% 18.50% -11.51%
Operating Return on Assets (OROA)		 0.00% 5.06% -2.15% -5.09% -26.57% -29.05% -7.33% 5.94% -11.81%
Return on Assets (ROA)		 0.00% 3.16% -2.50% -6.30% -28.06% -32.04% -10.88% 12.18% -13.09%
Return on Common Equity (ROCE)		 0.00% 8.99% -3.54% -9.36% -58.24% -128.18% -116.24% 59.45% -40.63%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 4.49% -3.52% -9.70% -79.20% -305.49% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -4.55 3.58 -1.72 -15 -43 -41 -12 4.10 -7.91
NOPAT Margin		 -2.01% 1.30% -0.69% -8.68% -29.38% -24.01% -6.37% 2.35% -4.69%
Net Nonoperating Expense Percent (NNEP)		 0.00% 8.25% -5.65% 8.25% -63.17% 46.66% 7.29% -89.54% -298.69%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - -49.54% -18.33% 6.32% -15.24%
Cost of Revenue to Revenue		 62.26% 61.04% 65.11% 68.93% 84.10% 83.64% 67.27% 63.07% 67.16%
SG&A Expenses to Revenue		 12.52% 10.46% 11.16% 15.55% 20.73% 14.79% 11.90% 11.42% 13.98%
R&D to Revenue		 2.80% 1.52% 3.16% 4.73% 5.58% 4.39% 3.20% 3.02% 2.72%
Operating Expenses to Revenue		 40.61% 36.88% 35.88% 43.47% 57.86% 50.65% 41.83% 34.51% 39.53%
Earnings before Interest and Taxes (EBIT)		 -7.17 8.91 -3.78 -9.13 -51 -50 -9.82 7.20 -13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 5.69 23 8.47 2.58 -36 -35 -0.88 14 -6.85
Valuation Ratios		 - - - - - - - - -
Price to Book Value (P/BV)		 0.00 2.69 2.52 2.70 5.31 20.61 5.68 3.92 4.52
Price to Tangible Book Value (P/TBV)		 0.00 2.92 2.73 2.95 5.96 27.29 8.66 4.17 5.05
Price to Revenue (P/Rev)		 1.69 1.21 1.27 1.83 2.44 2.15 0.22 0.96 0.76
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.30 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.85% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 3.76 3.44 3.58 4.89 6.10 1.87 4.51 4.21
Enterprise Value to Revenue (EV/Rev)		 0.00 1.04 1.08 1.60 2.49 2.45 0.39 0.92 0.78
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 12.58 31.57 106.50 0.00 0.00 0.00 11.60 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 31.92 0.00 0.00 0.00 0.00 0.00 22.19 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 79.46 0.00 0.00 0.00 0.00 0.00 38.96 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 28.25 20.01 22.00 0.00 0.00 4.81 21.76 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 3.66 23.50 0.00
Leverage & Solvency		 - - - - - - - - -
Debt to Equity		 0.00 0.05 0.00 0.05 1.04 3.64 7.90 0.52 0.82
Long-Term Debt to Equity		 0.00 0.03 0.00 0.04 0.99 3.45 7.78 0.52 0.01
Financial Leverage		 0.00 -0.39 -0.38 -0.36 -0.18 0.68 3.28 0.48 -0.06
Leverage Ratio		 0.00 1.42 1.41 1.49 2.08 4.00 10.68 4.88 3.10
Compound Leverage Factor		 0.00 1.41 1.27 1.50 2.20 4.41 15.51 10.32 3.32
Debt to Total Capital		 0.00% 4.36% 0.00% 4.87% 51.04% 78.43% 88.77% 34.42% 45.03%
Short-Term Debt to Total Capital		 0.00% 1.94% 0.00% 0.73% 2.40% 3.96% 1.33% 0.55% 44.61%
Long-Term Debt to Total Capital		 0.00% 2.42% 0.00% 4.14% 48.64% 74.47% 87.44% 33.87% 0.42%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 95.64% 100.00% 95.13% 48.96% 21.57% 11.23% 65.58% 54.97%
Debt to EBITDA		 0.00 0.25 0.00 2.31 -1.95 -1.89 -63.69 1.62 -3.41
Net Debt to EBITDA		 0.00 -2.11 0.00 -15.46 -0.20 -1.47 -35.20 -0.52 -0.41
Long-Term Debt to EBITDA		 0.00 0.14 0.00 1.97 -1.85 -1.79 -62.73 1.60 -0.03
Debt to NOPAT		 0.00 1.57 0.00 -0.40 -1.63 -1.58 -4.84 5.45 -2.95
Net Debt to NOPAT		 0.00 -13.35 0.00 2.68 -0.17 -1.24 -2.68 -1.75 -0.35
Long-Term Debt to NOPAT		 0.00 0.87 0.00 -0.34 -1.55 -1.50 -4.77 5.36 -0.03
Altman Z-Score		 0.00 5.68 5.11 3.52 1.16 0.42 -0.34 1.41 -0.13
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - -
Current Ratio		 0.00 2.45 2.70 2.71 2.80 1.73 1.88 2.27 1.10
Quick Ratio		 0.00 2.01 2.09 2.07 2.10 0.91 1.22 1.66 0.77
Cash Flow Metrics		 - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -72 -3.80 -14 -42 -36 19 6.80 -3.84
Operating Cash Flow to CapEx		 98.23% 73.79% 85.09% 62.22% -213.78% -1,151.40% 490.44% 367.94% -5.89%
Free Cash Flow to Firm to Interest Expense		 0.00 -143.44 -29.02 -45.01 -13.32 -6.88 3.96 0.00 -2.07
Operating Cash Flow to Interest Expense		 38.86 20.01 101.98 40.93 -9.97 -8.58 3.01 0.00 -0.10
Operating Cash Flow Less CapEx to Interest Expense		 -0.70 -7.11 -17.87 -24.86 -14.63 -9.32 2.39 0.00 -1.87
Efficiency Ratios		 - - - - - - - - -
Asset Turnover		 0.00 1.56 1.41 0.96 0.77 1.00 1.36 1.44 1.53
Accounts Receivable Turnover		 0.00 6.26 7.20 7.81 8.09 8.75 9.55 9.64 7.85
Inventory Turnover		 0.00 8.99 8.91 7.05 7.21 7.07 6.30 6.94 7.35
Fixed Asset Turnover		 0.00 7.48 6.34 3.76 2.91 3.69 5.46 7.70 9.61
Accounts Payable Turnover		 0.00 5.36 6.24 5.80 5.76 6.76 6.16 6.07 6.34
Days Sales Outstanding (DSO)		 0.00 58.30 50.69 46.71 45.12 41.71 38.20 37.88 46.47
Days Inventory Outstanding (DIO)		 0.00 40.60 40.97 51.78 50.63 51.59 57.90 52.60 49.67
Days Payable Outstanding (DPO)		 0.00 68.10 58.45 62.88 63.37 54.03 59.29 60.15 57.58
Cash Conversion Cycle (CCC)		 0.00 30.80 33.21 35.61 32.38 39.27 36.81 30.33 38.56
Capital & Investment Metrics		 - - - - - - - - -
Invested Capital		 0.00 76 78 77 75 69 38 35 31
Invested Capital Turnover		 0.00 7.25 3.23 2.22 1.95 2.39 3.39 4.74 5.06
Increase / (Decrease) in Invested Capital		 0.00 76 2.09 -1.16 -1.65 -5.81 -31 -2.70 -4.07
Enterprise Value (EV)		 0.00 284 267 275 367 422 71 160 132
Market Capitalization		 382 332 315 315 360 371 40 167 129
Book Value per Share		 $0.00 $1.46 $1.48 $1.38 $0.79 $0.21 $0.07 $0.22 $0.15
Tangible Book Value per Share		 $0.00 $1.35 $1.36 $1.26 $0.71 $0.16 $0.04 $0.21 $0.13
Total Capital		 0.00 129 125 122 138 83 63 65 52
Total Debt		 0.00 5.63 0.00 5.97 71 65 56 22 23
Total Long-Term Debt		 0.00 3.13 0.00 5.07 67 62 55 22 0.22
Net Debt		 0.00 -48 -47 -40 7.23 51 31 -7.18 2.80
Capital Expenditures (CapEx)		 20 14 16 20 15 3.84 3.02 2.00 3.26
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 19 11 8.55 6.63 15 5.52 8.41 8.22
Debt-free Net Working Capital (DFNWC)		 0.00 72 59 54 70 29 31 38 29
Net Working Capital (NWC)		 0.00 70 59 53 67 26 30 38 5.64
Net Nonoperating Expense (NNE)		 3.17 -1.97 2.68 -3.59 10 14 3.00 -11 6.53
Net Nonoperating Obligations (NNO)		 0.00 -48 -47 -40 7.23 51 31 -7.18 2.80
Total Depreciation and Amortization (D&A)		 13 14 12 12 15 15 8.93 6.58 6.18
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 6.89% 4.61% 4.98% 4.49% 8.83% 3.03% 4.83% 4.87%
Debt-free Net Working Capital to Revenue		 0.00% 26.34% 23.65% 31.72% 47.45% 17.10% 16.83% 21.77% 17.06%
Net Working Capital to Revenue		 0.00% 25.43% 23.65% 31.19% 45.20% 15.18% 16.37% 21.56% 3.34%
Earnings Adjustments		 - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($0.05) ($0.13) ($0.63) ($0.63) ($0.13) $0.08 ($0.08)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 84.67M 84.68M 85.35M 87.66M 116.14M 190.54M 190.98M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.05) ($0.13) ($0.63) ($0.63) ($0.13) $0.07 ($0.08)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 84.67M 84.68M 85.35M 87.66M 116.14M 240.24K 190.98M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 ($0.05) ($0.13) ($0.63) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 84.68M 84.68M 85.03M 97.96M 191.11M 189.63M 191.84M
Normalized Net Operating Profit after Tax (NOPAT)		 -3.75 14 1.48 -15 -42 -32 -3.38 5.70 -2.40
Normalized NOPAT Margin		 -1.66% 4.98% 0.60% -8.68% -28.69% -18.53% -1.86% 3.27% -1.42%
Pre Tax Income Margin		 -3.21% 3.21% -1.36% -5.36% -36.50% -31.91% -7.83% 8.73% -8.26%
Debt Service Ratios		 - - - - - - - - -
EBIT to Interest Expense		 -14.33 17.71 -28.82 -29.92 -16.23 -9.66 -1.99 0.00 -7.04
NOPAT to Interest Expense		 -9.10 7.12 -13.10 -48.82 -13.85 -8.01 -2.35 0.00 -4.27
EBIT Less CapEx to Interest Expense		 -53.90 -9.41 -148.66 -95.71 -20.89 -10.40 -2.61 0.00 -8.80
NOPAT Less CapEx to Interest Expense		 -48.67 -20.00 -132.94 -114.61 -18.51 -8.75 -2.97 0.00 -6.03
Payout Ratios		 - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.26% -30.37%

Quarterly Metrics And Ratios for DIRTT Environmental Solutions

This table displays calculated financial ratios and metrics derived from DIRTT Environmental Solutions' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 104,444,936.00 104,789,358.00 104,789,358.00 191,880,226.00 192,967,643.00 193,392,884.00 189,629,164.00 189,576,796.00 190,329,208.00 - 191,836,460.00
DEI Adjusted Shares Outstanding		 104,444,936.00 104,789,358.00 104,789,358.00 191,880,226.00 192,967,643.00 193,392,884.00 189,629,164.00 189,576,796.00 190,329,208.00 - 191,836,460.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.06 0.01 0.03 0.00 0.04 0.02 0.00 -0.03 -0.02 - -0.02
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 5.97% 20.05% 11.28% -7.94% -12.44% -4.01% 1.10% -5.53% -13.05% 4.16% 2.75%
EBITDA Growth		 -160.72% 335.94% 129.72% -50.57% 170.79% 55.19% -53.43% -262.45% -167.71% -125.84% -243.21%
EBIT Growth		 3.83% 150.79% 106.96% -58.78% 115.54% 82.03% -160.96% -554.88% -477.56% -175.69% -573.96%
NOPAT Growth		 56.39% 148.76% 97.11% 129.15% 127.55% 52.41% -10.07% -556.84% -320.08% -194.01% -913.66%
Net Income Growth		 6.18% 116.17% 126.63% -72.98% 212.36% 322.83% -121.71% -1,207.72% -149.13% -191.65% -395.16%
EPS Growth		 37.50% -50.00% 110.00% -100.00% 160.00% 200.00% -100.00% 0.00% -166.67% -200.00% 0.00%
Operating Cash Flow Growth		 117.99% 211.91% -106.78% -56.26% -20.69% -38.60% 280.32% -338.71% 188.44% -169.82% -67.24%
Free Cash Flow Firm Growth		 -173.12% 1,037.80% 193.69% -5.67% 114.75% -84.95% -72.64% -93.90% 25.16% -58.96% -41.06%
Invested Capital Growth		 0.00% -44.92% -35.85% -28.50% -13.57% -7.08% -15.72% -10.38% -29.78% -11.50% -17.55%
Revenue Q/Q Growth		 10.69% 2.82% -19.80% 0.87% 5.28% 12.71% -15.53% -5.75% -3.10% 35.01% -16.67%
EBITDA Q/Q Growth		 -155.64% 225.10% -44.91% 28.90% -20.31% 174.25% -83.47% -549.62% 66.79% -4.67% 8.38%
EBIT Q/Q Growth		 -258.30% 144.71% -69.82% 92.98% -40.32% 423.66% -110.11% -1,340.09% 50.46% -4.97% 10.00%
NOPAT Q/Q Growth		 -87.22% 133.74% -114.22% 424.59% 76.95% 86.63% -110.27% -1,247.21% 14.75% 20.28% -10.72%
Net Income Q/Q Growth		 -386.08% 115.13% 218.85% -80.43% 1,089.77% -43.05% -116.37% -898.79% 47.23% -6.23% 11.56%
EPS Q/Q Growth		 -600.00% 120.00% 0.00% -100.00% 0.00% 0.00% -100.00% 0.00% 33.33% -50.00% 33.33%
Operating Cash Flow Q/Q Growth		 -48.91% 428.09% -120.16% 180.42% -7.36% 308.80% -40.79% -206.46% 211.93% -198.95% 127.79%
Free Cash Flow Firm Q/Q Growth		 -396.67% 164.26% -33.62% -25.45% -53.62% -34.41% 20.65% -83.38% 851.64% -78.50% 73.28%
Invested Capital Q/Q Growth		 -14.39% -17.75% 2.30% -0.73% 3.49% -11.59% -7.22% 5.56% -18.92% 11.44% -13.56%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 34.45% 37.77% 35.86% 37.32% 38.76% 35.87% 35.21% 27.79% 30.40% 36.57% 30.64%
EBITDA Margin		 -6.58% 8.00% 5.50% 7.03% 5.32% 12.94% 2.53% -12.08% -4.14% -3.21% -3.53%
Operating Margin		 -12.31% 3.81% -0.51% 2.47% 2.72% 4.58% -0.78% -11.15% -9.80% -5.79% -7.69%
EBIT Margin		 -10.65% 4.63% 1.74% 3.33% 1.89% 8.78% -1.05% -16.06% -8.21% -6.38% -6.89%
Profit (Net Income) Margin		 -12.74% 1.88% 7.45% 1.45% 16.35% 8.26% -1.60% -16.96% -9.24% -7.27% -7.71%
Tax Burden Percent		 100.00% 74.20% 98.93% 65.42% 99.68% 98.13% 107.31% 101.63% 104.72% 105.68% 102.51%
Interest Burden Percent		 119.62% 54.56% 432.30% 66.30% 867.56% 95.83% 141.94% 103.94% 107.46% 107.75% 109.16%
Effective Tax Rate		 0.00% 25.80% 1.07% 34.58% 0.32% 1.87% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -64.50% 9.59% -1.87% 6.34% 11.07% 21.29% -2.66% -36.67% -33.59% -20.50% -30.54%
ROIC Less NNEP Spread (ROIC-NNEP)		 -74.61% 8.41% 8.79% 6.06% 40.30% 36.76% -73.77% -138.57% 20.38% 54.35% 22.85%
Return on Net Nonoperating Assets (RNNOA)		 -510.14% 27.55% 13.81% 6.82% 35.52% 17.63% -1.28% -14.61% -0.95% -3.34% -1.33%
Return on Equity (ROE)		 -574.64% 37.14% 11.94% 13.17% 46.59% 38.92% -3.94% -51.28% -34.54% -23.85% -31.87%
Cash Return on Invested Capital (CROIC)		 -268.63% 36.33% 49.06% 28.19% 23.14% 18.50% 28.05% 7.77% 22.42% -11.51% -14.04%
Operating Return on Assets (OROA)		 -14.17% 6.29% 2.39% 4.39% 2.68% 12.62% -1.51% -22.81% -12.04% -9.77% -11.32%
Return on Assets (ROA)		 -16.95% 2.55% 10.23% 1.90% 23.20% 11.87% -2.29% -24.10% -13.55% -11.12% -12.66%
Return on Common Equity (ROCE)		 -574.64% 37.14% 11.94% 13.17% 46.59% 38.92% -3.94% -51.28% -34.54% -23.85% -31.87%
Return on Equity Simple (ROE_SIMPLE)		 -362.74% 0.00% -0.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -4.27 1.44 -0.20 0.66 1.18 2.20 -0.23 -3.04 -2.59 -2.06 -2.28
NOPAT Margin		 -8.62% 2.83% -0.50% 1.61% 2.71% 4.49% -0.55% -7.80% -6.86% -4.05% -5.38%
Net Nonoperating Expense Percent (NNEP)		 10.10% 1.18% -10.66% 0.28% -29.23% -15.47% 71.12% 101.90% -53.97% -74.85% -53.39%
Return On Investment Capital (ROIC_SIMPLE)		 - 2.28% -0.26% 0.85% 1.84% 3.38% -0.37% -5.23% -4.75% -3.98% -5.40%
Cost of Revenue to Revenue		 65.55% 62.23% 64.14% 62.68% 61.24% 64.13% 64.79% 72.21% 69.60% 63.43% 69.36%
SG&A Expenses to Revenue		 9.43% 11.10% 11.18% 10.66% 13.45% 10.46% 13.27% 14.76% 11.74% 15.63% 12.81%
R&D to Revenue		 2.50% 3.47% 3.06% 3.49% 2.98% 2.62% 2.97% 3.80% 2.13% 2.11% 2.22%
Operating Expenses to Revenue		 46.76% 32.92% 36.37% 34.85% 36.04% 31.30% 35.99% 38.94% 40.21% 42.36% 38.33%
Earnings before Interest and Taxes (EBIT)		 -5.28 2.36 0.71 1.37 0.82 4.29 -0.43 -6.25 -3.10 -3.25 -2.93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -3.26 4.08 2.25 2.90 2.31 6.33 1.05 -4.70 -1.56 -1.64 -1.50
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 7.00 5.68 4.54 4.27 3.15 3.92 3.48 3.33 3.49 4.52 4.60
Price to Tangible Book Value (P/TBV)		 11.05 8.66 4.96 4.69 3.42 4.17 3.74 3.66 3.87 5.05 5.23
Price to Revenue (P/Rev)		 0.24 0.22 0.77 0.75 0.71 0.96 0.78 0.67 0.66 0.76 0.66
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 10.30 11.30 12.33 29.72 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 9.71% 8.85% 8.11% 3.36% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.76 1.87 3.85 3.70 3.14 4.51 3.96 3.32 3.79 4.21 4.25
Enterprise Value to Revenue (EV/Rev)		 0.47 0.39 0.81 0.78 0.71 0.92 0.74 0.67 0.64 0.78 0.68
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 16.82 24.03 10.92 11.60 10.34 23.13 96.07 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 133.05 0.00 23.91 22.19 21.48 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 55.93 0.00 33.95 38.96 32.95 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 10.31 4.81 10.90 12.29 11.18 21.76 9.95 15.34 10.26 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 3.66 6.13 10.94 12.60 23.50 12.90 40.38 13.93 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 10.63 7.90 1.49 1.46 0.60 0.52 0.57 0.68 0.73 0.82 0.73
Long-Term Debt to Equity		 9.12 7.78 1.47 1.44 0.59 0.52 0.27 0.32 0.34 0.01 0.22
Financial Leverage		 6.84 3.28 1.57 1.13 0.88 0.48 0.02 0.11 -0.05 -0.06 -0.06
Leverage Ratio		 22.05 10.68 6.99 6.35 5.41 4.88 3.45 3.66 3.18 3.10 3.25
Compound Leverage Factor		 26.37 5.83 30.22 4.21 46.96 4.68 4.90 3.80 3.42 3.34 3.55
Debt to Total Capital		 91.40% 88.77% 59.83% 59.35% 37.41% 34.42% 36.30% 40.57% 42.22% 45.03% 42.26%
Short-Term Debt to Total Capital		 13.03% 1.33% 0.86% 0.92% 0.59% 0.55% 19.08% 21.34% 22.40% 44.61% 29.36%
Long-Term Debt to Total Capital		 78.37% 87.44% 58.97% 58.42% 36.82% 33.87% 17.23% 19.22% 19.83% 0.42% 12.89%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 8.60% 11.23% 40.17% 40.65% 62.59% 65.58% 63.70% 59.43% 57.78% 54.97% 57.74%
Debt to EBITDA		 -9.40 -63.69 5.25 7.82 2.07 1.62 1.78 4.73 20.77 -3.41 -1.90
Net Debt to EBITDA		 -6.05 -35.20 0.85 1.14 0.00 -0.52 -0.50 0.04 -3.04 -0.41 -0.28
Long-Term Debt to EBITDA		 -8.06 -62.73 5.17 7.69 2.04 1.60 0.84 2.24 9.75 -0.03 -0.58
Debt to NOPAT		 -3.95 -4.84 17.44 -19.87 6.45 5.45 5.66 -20.17 -5.37 -2.95 -1.79
Net Debt to NOPAT		 -2.54 -2.68 2.82 -2.90 0.01 -1.75 -1.61 -0.17 0.79 -0.35 -0.27
Long-Term Debt to NOPAT		 -3.39 -4.77 17.19 -19.56 6.35 5.36 2.69 -9.56 -2.52 -0.03 -0.55
Altman Z-Score		 -0.32 -0.02 0.81 0.78 0.81 1.33 0.84 0.31 0.21 0.19 0.02
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.62 1.88 2.68 2.64 2.18 2.27 1.61 1.48 1.39 1.10 1.16
Quick Ratio		 0.98 1.22 2.01 1.99 1.54 1.66 1.17 1.01 0.95 0.77 0.80
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -51 33 22 16 7.46 4.89 5.90 0.98 9.34 2.01 3.48
Operating Cash Flow to CapEx		 368.33% 5,016.83% 0.00% 207.71% 211.68% 858.21% 474.13% -411.11% 567.92% -573.09% 170.00%
Free Cash Flow to Firm to Interest Expense		 -42.31 25.19 0.00 17.03 0.00 10.78 13.30 2.05 20.44 4.25 9.94
Operating Cash Flow to Interest Expense		 1.60 7.85 0.00 1.74 0.00 13.70 8.30 -8.21 9.61 -9.18 3.45
Operating Cash Flow Less CapEx to Interest Expense		 1.17 7.69 0.00 0.90 0.00 12.11 6.55 -10.20 7.91 -10.79 1.42
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.33 1.36 1.37 1.32 1.42 1.44 1.43 1.42 1.47 1.53 1.64
Accounts Receivable Turnover		 8.12 9.55 11.94 10.55 8.34 9.64 10.55 9.43 9.08 7.85 8.21
Inventory Turnover		 7.00 6.30 6.58 6.77 6.87 6.94 7.33 7.34 7.32 7.35 7.90
Fixed Asset Turnover		 6.59 5.46 5.85 5.98 7.36 7.70 8.12 8.32 8.43 9.61 10.17
Accounts Payable Turnover		 6.48 6.16 7.54 6.48 6.29 6.07 7.41 6.89 6.67 6.34 6.54
Days Sales Outstanding (DSO)		 44.97 38.20 30.58 34.60 43.75 37.88 34.60 38.69 40.19 46.47 44.45
Days Inventory Outstanding (DIO)		 52.16 57.90 55.47 53.91 53.15 52.60 49.79 49.74 49.86 49.67 46.21
Days Payable Outstanding (DPO)		 56.35 59.29 48.44 56.37 58.02 60.15 49.29 52.95 54.76 57.58 55.78
Cash Conversion Cycle (CCC)		 40.79 36.81 37.61 32.14 38.88 30.33 35.10 35.48 35.29 38.56 34.89
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 46 38 39 39 40 35 33 35 28 31 27
Invested Capital Turnover		 7.49 3.39 3.73 3.93 4.08 4.74 4.87 4.70 4.89 5.06 5.67
Increase / (Decrease) in Invested Capital		 46 -31 -22 -15 -6.29 -2.70 -6.13 -4.02 -12 -4.07 -5.77
Enterprise Value (EV)		 82 71 150 143 126 160 130 115 106 132 115
Market Capitalization		 41 40 143 136 126 167 136 115 110 129 113
Book Value per Share		 $0.06 $0.07 $0.17 $0.17 $0.21 $0.22 $0.21 $0.18 $0.17 $0.15 $0.13
Tangible Book Value per Share		 $0.04 $0.04 $0.16 $0.15 $0.19 $0.21 $0.19 $0.17 $0.15 $0.13 $0.11
Total Capital		 69 63 78 78 64 65 62 58 54 52 42
Total Debt		 63 56 47 47 24 22 22 24 23 23 18
Total Long-Term Debt		 54 55 46 46 24 22 11 11 11 0.22 5.46
Net Debt		 40 31 7.57 6.80 0.05 -7.18 -6.35 0.20 -3.36 2.80 2.64
Capital Expenditures (CapEx)		 0.52 0.20 -0.24 0.79 0.72 0.73 0.78 0.95 0.77 0.76 0.71
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 12 5.52 7.56 8.54 11 8.41 6.90 8.78 3.21 8.22 4.93
Debt-free Net Working Capital (DFNWC)		 35 31 47 48 35 38 36 32 30 29 20
Net Working Capital (NWC)		 26 30 46 48 34 38 24 20 17 5.64 7.74
Net Nonoperating Expense (NNE)		 2.04 0.49 -3.25 0.07 -5.91 -1.84 0.44 3.57 0.90 1.64 0.99
Net Nonoperating Obligations (NNO)		 40 31 7.57 6.80 0.05 -7.18 -6.35 0.20 -3.36 2.80 2.64
Total Depreciation and Amortization (D&A)		 2.02 1.72 1.53 1.52 1.49 2.03 1.48 1.55 1.53 1.62 1.43
Debt-free, Cash-free Net Working Capital to Revenue		 7.07% 3.03% 4.06% 4.68% 6.04% 4.83% 3.95% 5.09% 1.92% 4.87% 2.90%
Debt-free Net Working Capital to Revenue		 20.01% 16.83% 25.15% 26.47% 19.57% 21.77% 20.36% 18.62% 17.73% 17.06% 11.87%
Net Working Capital to Revenue		 14.84% 16.37% 24.78% 26.07% 19.36% 21.56% 13.64% 11.44% 10.42% 3.34% 4.56%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.06) $0.00 $0.02 $0.00 $0.04 $0.02 $0.00 ($0.03) ($0.02) ($0.03) ($0.02)
Adjusted Weighted Average Basic Shares Outstanding		 104.45M 116.14M 183.67M 192.03M 193.02M 190.54M 191.58M 190.54M 190.98M 190.98M 192.36M
Adjusted Diluted Earnings per Share		 ($0.06) $0.01 $0.01 $0.00 $0.03 $0.03 $0.00 ($0.03) ($0.02) ($0.03) ($0.02)
Adjusted Weighted Average Diluted Shares Outstanding		 104.45M 116.14M 288.48M 310.09M 241.27M 240.24M 191.58M 190.54M 190.98M 190.98M 192.36M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 104.79M 191.11M 191.88M 192.97M 193.39M 189.63M 189.58M 190.33M 191.83M 191.84M 193.68M
Normalized Net Operating Profit after Tax (NOPAT)		 1.52 2.12 0.46 0.80 1.78 2.36 -0.08 -2.91 -0.77 1.37 -0.63
Normalized NOPAT Margin		 3.07% 4.16% 1.12% 1.93% 4.10% 4.83% -0.19% -7.49% -2.05% 2.68% -1.48%
Pre Tax Income Margin		 -12.74% 2.53% 7.54% 2.21% 16.40% 8.42% -1.49% -16.69% -8.82% -6.88% -7.53%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -4.41 1.83 0.00 1.45 0.00 9.46 -0.98 -13.08 -6.77 -6.87 -8.36
NOPAT to Interest Expense		 -3.57 1.12 0.00 0.70 0.00 4.84 -0.51 -6.35 -5.66 -4.36 -6.53
EBIT Less CapEx to Interest Expense		 -4.85 1.67 0.00 0.62 0.00 7.86 -2.73 -15.07 -8.47 -8.47 -10.39
NOPAT Less CapEx to Interest Expense		 -4.00 0.96 0.00 -0.13 0.00 3.24 -2.26 -8.35 -7.36 -5.97 -8.56
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.26% 32.10% 104.29% -63.24% -30.37% -5.94%

Financials Breakdown Chart

Key Financial Trends

DIRTT Environmental Solutions (NASDAQ: DRTT) showed a sharp deterioration in profitability in Q1 2026 compared with the stronger performance seen in late 2024 and early 2025. Revenue fell sequentially, the company stayed in the red, and cash declined as debt repayment and ongoing operating losses outweighed operating cash generation.

  • Q1 2026 operating cash flow turned positive at $1.2 million, a meaningful improvement versus the $4.3 million outflow in Q4 2025.
  • Gross profit in Q1 2026 was $13.0 million on $42.4 million of revenue, indicating the core business is still generating a healthy gross margin.
  • The company ended Q1 2026 with $15.0 million in cash and equivalents, which provides near-term liquidity support.
  • Current assets of $57.2 million exceeded current liabilities of $49.5 million, suggesting manageable short-term coverage at quarter-end.
  • Compared with Q1 2025, revenue in Q1 2026 increased modestly from $41.3 million to $42.4 million, showing some top-line stability year over year.
  • Q1 2026 net loss was $3.3 million, which is smaller than the $3.7 million loss in Q4 2025 and far better than the $6.6 million loss in Q2 2025.
  • The company spent $710,000 on property, plant and equipment in Q1 2026, indicating continued investment in the business but at a modest level.
  • Quarter-end debt remained significant at $17.9 million combined short-term and long-term debt, so leverage is still a key factor to watch.
  • Operating expenses remain elevated, with SG&A, marketing, R&D, and restructuring charges still consuming most of gross profit.
  • Revenue fell sequentially from $50.9 million in Q4 2025 to $42.4 million in Q1 2026, a noticeable slowdown.
  • Q1 2026 operating income was a loss of $3.3 million, showing the company is still not producing operating profitability.
  • Financing cash flow was a large outflow of $5.7 million, driven mainly by $12.1 million of debt repayment.
  • Cash and equivalents dropped from $26.1 million in Q3 2025 to $15.0 million in Q1 2026, reflecting ongoing cash pressure.
  • Return to profitability remains inconsistent: after a profitable $4.0 million Q4 2024, the company has posted losses in most recent quarters.

Bottom line: DIRTT’s Q1 2026 results show some improvement in operating cash flow and still-reasonable liquidity, but the overall trend remains challenging. Revenue slipped sequentially, losses continued, and heavy debt repayment reduced cash. For retail investors, the key question is whether the company can sustain gross profit while bringing operating expenses and debt levels down enough to restore durable profitability.

07/17/26 06:57 AM ETAI Generated. May Contain Errors.

DIRTT Environmental Solutions Financials - Frequently Asked Questions

According to the most recent income statement we have on file, DIRTT Environmental Solutions' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

DIRTT Environmental Solutions' net income appears to be on an upward trend, with a most recent value of -$14.45 million in 2025, rising from -$7.73 million in 2017. The previous period was $14.77 million in 2024.

DIRTT Environmental Solutions' total operating income in 2025 was -$11.31 million, based on the following breakdown:
  • Total Gross Profit: $55.45 million
  • Total Operating Expenses: $66.75 million

Over the last 8 years, DIRTT Environmental Solutions' total revenue changed from $226.54 million in 2017 to $168.86 million in 2025, a change of -25.5%.

DIRTT Environmental Solutions' total liabilities were at $73.97 million at the end of 2025, a 2.2% decrease from 2024, and a 41.2% increase since 2018.

In the past 7 years, DIRTT Environmental Solutions' cash and equivalents has ranged from $10.82 million in 2022 to $60.31 million in 2021, and is currently $20.33 million as of their latest financial filing in 2025.

Over the last 8 years, DIRTT Environmental Solutions' book value per share changed from 0.00 in 2017 to 0.15 in 2025, a change of 14.9%.


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Financial statements for NASDAQ:DRTT last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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