Bird Construction stock falls 2.41 percent despite Q2 growth
Published on 09/25/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bird Construction stock stood at CAD 79.81 on the Toronto Stock Exchange on September 24, 2026, down CAD 1.97 or 2.41 percent from the previous close. The move came against a second-quarter operating picture in which revenue rose 22.6 percent year over year to CAD 1.04 billion, according to Motley Fool.
Q2 revenue clears CAD 1 billion
Bird's Q2 2026 revenue marked its first quarter above CAD 1 billion. The CAD 1.04 billion result also exceeded the FactSet estimate of CAD 957.5 million, a CAD 82.5 million difference, according to MarketScreener. The comparison matters because it combines growth with a result above the published market estimate.
Adjusted earnings per share increased 40 percent to CAD 0.70 in Q2 2026, while adjusted EBITDA margin improved to 7.1 percent from 6.5 percent a year earlier. That 0.6 percentage point margin expansion gives the revenue increase greater operating weight than sales growth alone.
Backlog reaches CAD 6.1 billion
Contracted backlog reached a record CAD 6.1 billion at the end of Q2 2026, up 30.6 percent from Q2 2025. Pending backlog added CAD 2.2 billion, with new awards exceeding converted projects, according to Motley Fool.
The order pipeline therefore remains the central counterweight to the September 24 price decline. Bird's investor materials list CAD 5.1 billion of contracted backlog and CAD 6.0 billion of pending backlog at December 31, 2025, showing how quickly the Q2 2026 contracted figure moved beyond the prior year-end base, according to Bird Construction.
Stock stays below yearly high
At CAD 79.81 on September 24, 2026, Bird Construction remained CAD 5.05, or 5.95 percent, below its 52-week high of CAD 84.86. The 52-week low was CAD 23.56, placing the latest quote CAD 56.25 above that level and keeping the share price near the upper end of its annual range.
Bird Construction stock facts
- Company: Bird Construction Inc.
- Ticker: BDT
- Trading venue: Toronto Stock Exchange
- Price (as of September 24, 2026): CAD 79.81
- Market capitalization: CAD 4,421,737,213 (as of September 24, 2026)
- 52-week range: CAD 23.56-84.86 (as of September 24, 2026)
- Sector / Industry: Industrials / Engineering and Construction
