Quarterly ResultMay 7, 2026, 06:08 AM
Stabilis Solutions Q1 Revenue $10.4M; Net Loss ($4.1M)
AI Summary
Stabilis Solutions reported Q1 2026 revenues of $10.4 million, a 40.2% decrease year-over-year, and a net loss of ($4.1) million. Adjusted EBITDA was ($0.7) million. Despite the soft quarter, the company secured a $200 million LNG supply contract for a data center, commencing Q1 2027, and generated $12.4 million in cash flow from operations, including $15.0 million in advance payments. Management anticipates significant improvement in the second half of 2026.
Key Highlights
- Secured a $200 million, 2-year LNG supply contract for a U.S. data center, commencing Q1 2027.
- Q1 2026 revenues decreased 40.2% year-over-year to $10.4 million.
- Reported a net loss of ($4.1) million, or ($0.22) per diluted share, for Q1 2026.
- Adjusted EBITDA for Q1 2026 was ($0.7) million, down from $2.1 million in Q1 2025.
- Cash flow from operations was $12.4 million, including $15.0 million in customer advance payments.
- Aerospace revenues grew 31% year-over-year in Q1 2026.
- Ended Q1 2026 with $13.7 million in cash (including restricted).
- Progress maintained on the proposed Galveston LNG facility and Jones Act bunker barge.