Quarterly ResultAug 5, 2026, 04:24 PM
Solaris Energy Q2 Revenue $219M, Adj. EBITDA $108M; Raises Guidance
AI Summary
Solaris Energy Infrastructure, Inc. announced strong second quarter 2026 financial results, with revenue increasing 12% sequentially to $219 million and Adjusted EBITDA rising 30% sequentially to $108 million. The company raised its Q3 2026 Adjusted EBITDA guidance and established Q4 guidance, reflecting continued business momentum. Key strategic initiatives included expanding three long-term contracts, securing $2 billion in growth financing, acquiring Global Energy Services Alliance, Inc., and investing in Deployable Energy, an SMR nuclear technology company. The board also approved a Q3 2026 dividend of $0.12 per share.
Key Highlights
- Q2 2026 Revenue was $219 million, a 12% sequential increase.
- Q2 2026 Net Income was $25 million, or $0.26 per diluted Class A common share.
- Q2 2026 Adjusted EBITDA reached $108 million, up 30% sequentially.
- Raised Q3 2026 Adjusted EBITDA guidance to $90-105 million from $80-95 million.
- Expanded three long-term contracts, adding over $100 million in expected annual Adjusted EBITDA.
- Strengthened balance sheet with $2 billion in growth financing, including a $1.3 billion notes offering.
- Acquired Global Energy Services Alliance, Inc. (GESA) to enhance project execution and services.
- Declared a Q3 2026 dividend of $0.12 per share, payable September 25, 2026.
Price Impact
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