Quarterly ResultMay 26, 2026, 08:58 AM
Uni-Fuels Q1 Revenue +64% to $83.2M; Raises FY26 Guidance
AI Summary
Uni-Fuels Holdings reported strong unaudited financial results for Q1 2026, with revenue increasing 64% year-over-year to $83.2 million and gross profit up 85% to $1.8 million. Marine fuel volumes also rose 58%. Despite strong operational performance, the company recorded a net loss of $0.38 million, primarily due to corporate communication expenses. Following this performance, Uni-Fuels raised its full-year 2026 revenue guidance to $320-$340 million, up from $310-$330 million.
Key Highlights
- Raised full-year 2026 revenue guidance to $320M-$340M from $310M-$330M.
- Q1 2026 revenue increased 64% year-over-year to $83.2 million.
- Q1 2026 gross profit increased 85% year-over-year to $1.8 million.
- Gross profit margin improved to 2.2% in Q1 2026 from 1.9% in Q1 2025.
- Marine fuel volumes increased 58% year-over-year to over 140,000MT.
- Q1 2026 net loss was $0.38 million, compared to a net income of $0.08 million in Q1 2025.
Price Impact
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