Tekna reported third-quarter 2026 revenue of CAD 13.4 million ($9.37m), up 61% from CAD 8.3m ($5.8m) a year earlier. The Quebec-based metal powder supplier also posted record EBITDA of CAD 1.9m ($1.33m).
| Metric | Q3 2026 |
|---|---|
| Revenue | CAD 13.4m ($9.37m) |
| Revenue growth YoY | 61% |
| EBITDA | CAD 1.9m ($1.33m) |
| Order intake | CAD 10.6m ($7.41m), up 2x YoY |
| Backlog | CAD 25.5m ($17.84m), up from CAD 18.2m |
| Contribution margin | 50.7%, down from 57.6% |
CEO Claude Jean credited “positive momentum in Materials, strong performance in Systems and improving margins.” The company attributed growth to sustained powder demand from aerospace, defense and medical customers, plus project execution in its Systems business.
Order intake doubled year over year, and backlog rose to CAD 25.5m from CAD 18.2m, which Tekna said gives it revenue visibility into 2027. The company also reported shorter delivery schedules and larger customer orders, and pointed to reshoring and localized manufacturing as tailwinds for demand. It maintained a target of double-digit annual revenue growth through 2030.
Contribution margin fell more than 6 points, to 50.7% from 57.6%, which Tekna attributed mainly to a larger share of lower-margin Materials sales plus unspecified non-recurring items. Jean said the company’s “ongoing site consolidation and the simplification of entities in Asia are creating a leaner cost base and a simpler operating structure, strengthening Tekna’s foundation for long-term value creation.”