From Financialpost · · 1m 10s
Firan Technology Group Q3 2026 Results
Firan Technology Group reports 75% bookings growth and 96.9% adjusted EBITDA jump in Q3 2026.
In brief
Firan Technology Group reports 75% bookings growth and 96.9% adjusted EBITDA jump in Q3 2026. Firan Technology Group Corporation achieved record bookings of $90.2 million and 96.9% higher adjusted EBITDA in Q3 2026. Originally reported by Financialpost.
Q3 2026 Financial Results
Firan Technology Group Corporation announced financial results for the third quarter of 2026.
Bookings Growth
Bookings reached $90.2 million, a 75% increase over Q3 2025 with a book-to-bill ratio of 1.41:1.
Backlog Increase
Backlog stood at $220.7 million, a 49% rise from the previous year end.
Revenue Growth
Revenue reached $64.1 million, a 34.3% increase over Q3 2025.
Adjusted EBITDA Jump
Adjusted EBITDA reached $15.1 million, a 96.9% increase from $7.7 million in Q3 2025.
Net Earnings Rise
Net earnings increased to $10.0 million, a $7.2 million rise from Q3 2025.
Free Cash Flow
Generated $7.1 million in free cash flow during Q3 2026.
Strong Balance Sheet
Maintained a strong balance sheet with net cash of $3.9 million including $8.9 million government loans.
The big picture
Firan Technology Group Corporation achieved record bookings of $90.2 million and 96.9% higher adjusted EBITDA in Q3 2026.
