Badger Infrastructure Solutions provides non-destructive excavation services, primarily using hydrovac trucks that loosen soil with pressurized water and vacuum it away. The method is used to expose underground utilities safely for construction, repair, and maintenance without traditional digging. Customers include utilities, municipalities, and contractors across North America that need precise, low-damage access to buried infrastructure.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 172.6 | — | 3.3 | — |
| Q2 2025 | 208.2 | — | 18.5 | — |
| Q4 2025 | 213.5 | — | 8.4 | — |
| Q1 2026 | 203.2 | 17.7% | 0.9 | -73.5% |
| Q2 2026 | 257.1 | 23.5% | 22.5 | 21.4% |
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