NPK International Cuts 2026 Revenue Outlook After Texas Rental Delays
Photo: TokenPost
NPK International Inc. reduced its 2026 revenue and adjusted EBITDA forecasts after dry Texas weather slowed rental deployments and some utility projects moved ahead without planned matting. The company now projects 2026 revenue of $300 million to $305 million and adjusted EBITDA of $90 million to $93 million. For the fourth quarter, NPK International expects rental and services revenue to increase in the mid-teens year over year. Rental utilization improved through October, rising from the low 60% range to the mid-70% range by the end of the month.
Source: TokenPost
