<a href="https://laohu8.com/S/MRC">MRC Global</a> Reports Q3 Sales of $678 Million and Net Loss of $9 Million
MRC Global Inc. reported third quarter 2025 sales of $678.0 million, a decrease of 15.0% compared to the previous quarter. Gross profit was $125.0 million, or 18.4% of sales, down from $157.0 million, or 20.4% of sales, in the third quarter of 2024. Adjusted Gross Profit was $148.0 million, or 21.8% of sales, compared to $162.0 million, or 21.0% of sales, in the same period last year. The company reported a net loss from continuing operations of $9.0 million, compared to net income of $29.0 million in the third quarter of 2024. Adjusted net income from continuing operations was $11.0 million, down from $24.0 million last year. Adjusted EBITDA was $36.0 million, or 5.3% of sales, compared to $47.0 million, or 6.1% of sales, in the prior year. Revenue backlog stood at $571.0 million, a 4.0% increase year-on-year, with the U.S. segment backlog up 21.0%. The company noted costs related to ERP system implementation and the pending DNOW-MRC Global merger as significant business developments during the period.
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