Tornado Infrastructure Equipment Releases Q3 2025 Financial Results

Tornado Infrastructure Equipment Ltd. has announced its Q3 2025 financial results. The company reported significant growth in its financial performance, with net income per share (diluted) doubling to $0.028. Net income rose to $4,078 thousand, marking a 104.9% increase from Q3 2024, primarily due to improved hydrovac truck sales and efficiencies at its Red Deer facility.

The company achieved a revenue increase of 39.0% compared to the previous year, reaching $42,323 thousand. This growth is attributed to increased sales from its partnership with Custom Truck, higher hydrovac truck sales, and contributions from CustomVac, which Tornado acquired for $28 million earlier in 2025. Gross profit surged 91.3% to $10,041 thousand due to enhanced operating efficiency and expanded product lines through CustomVac.

Tornado will hold a special meeting on December 2, 2025, for shareholder approval of its acquisition by The Toro Company. The deal values Tornado at approximately CAD $279.3 million.