Calian Reports Record Results for the Third Quarter of Fiscal 2026
OTTAWA, Ontario, Aug. 13, 2026 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX:CGY), a mission critical solutions company focused on defence, space, healthcare and other strategic critical infrastructure sectors, today released its results for the third quarter ended June 30, 2026.
“Our third quarter results are a clear demonstration that our renewed and focused strategy on mission-critical solutions is delivering,” said Patrick Houston, Calian CEO. “Revenue grew 20%, including 16% organic growth, underpinned primarily by strong and sustained demand for our space and defence offerings. This top-line performance carried through to the bottom line with adjusted EBITDA 1 expanding 35%, significantly outpacing revenue growth once again.
Looking ahead, our strategy is clearly in action. With $660 million in contract signings year-to-date, a landmark 15-year extension of our UK defence contract, and a purchase agreement for Galaxy Broadband, we are deliberately sharpening our focus on core growth markets and building a stronger, more focused business,” concluded Patrick Houston.
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1 This is a non-GAAP measure. Please refer to the section “Reconciliation of non-GAAP measures to most comparable IFRS measures” at the end of this press release. 2 Highlights are compared to the three-month and nine-month periods ended June 30, 2026.
Access the full report on the Calian Financials web page. Register for the conference call on Thursday, August 13, 2026, 8:30 a.m. Eastern Time.
Revenues increased 20%, from $192 million to $230 million. This represents a record high quarterly revenue for the Company. Acquisitive growth was 4% and was generated by the acquisitions of Advanced Medical Solutions completed in May 2025 and Infield Scientific closed in October 2025. Organic growth was 16% with contributions from both the Defence & Space and Essential Industries segments.
Gross profit increased 17% to $78 million, driven by revenue growth, changes in revenue mix and contributions from acquisitions. Adjusted EBITDA 1 increased 35% to $26 million, driven by the increased revenue leading to higher margins. As a result, adjusted EBITDA 1 margin increased to 11.1%, up from 9.9% last year.
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