NFI Group reported a net profit of $17.4 million for the second quarter of 2026. This result marks a turnaround from the $160.8 million loss recorded in the same period last year. Revenue for the quarter reached approximately $1.03 billion. This figure represents an 18.6% increase over the previous year.
Vehicle deliveries grew by 14.5% during the period. The aftermarket parts and service segment achieved a record-setting performance. Management cited improving operational performance for the quarterly gains.
NFI raised its full-year 2026 adjusted EBITDA guidance to between $385 million and $415 million. The new range reflects a 15% to 24% increase over 2025 levels. The company currently maintains a $12.5 billion order backlog. Robust cash generation improved liquidity to $520 million. NFI also reduced its leverage during the quarter.