| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 329.27 | 24.0% | 61.0% |
| Total Income | 329.27 | 24.0% | 61.0% |
| Expenditure | 248.37 | 29.3% | 54.1% |
| PBT | 56.01 | 5.8% | 112.6% |
| Net Profit | 12.08 | 1.9% | 155.4% |
| OPM | 24.57% | 5.66pp | 3.36pp |
| NPM | 3.67% | 0.83pp | 1.36pp |
| EPS | 0.38 | 0.0% | 153.3% |
Excelerate Energy Reports Strong Second Quarter 2026 Results
06 Aug 2026 · 6 Aug, 2:07 am
Summary
Excelerate Energy reported strong financial and operational results for the second quarter ended June 30, 2026, with Net Income of $50.1 million and Adjusted EBITDA of $120.1 million. Net Income and Adjusted EBITDA increased year-over-year, primarily due to a full quarter contribution from the Jamaica platform and the absence of prior year acquisition-related expenses. The company also announced a 13% increase in its quarterly cash dividend to $0.09 per share and raised its full-year 2026 Adjusted EBITDA guidance to a range of $490 million to $515 million.
Key Highlights
- 1
Excelerate Energy reported Net Income of $50.1 million for the second quarter ended June 30, 2026.
- 2
Adjusted EBITDA for the second quarter was $120.1 million.
- 3
The company declared a quarterly cash dividend of $0.09 per share, an approximately 13 percent increase from the prior quarter.
- 4
A definitive agreement was executed in June 2026 with Sociedad Portuaria Puerto Bahia to redeploy the FSRU Express to a new LNG import terminal in Colombia for seven years.
- 5
Excelerate entered into a definitive agreement in July 2026 to acquire the LNG carrier Methane Patricia Camila for its first FSRU conversion project, expected to be available in early 2028.
- 6
The company raised and narrowed its full-year 2026 Adjusted EBITDA guidance range to between $490 million and $515 million.
Management Comments
Steven Kobos
Excelerate delivered strong financial and operational results in the second quarter, reflecting the earnings power of our contracted infrastructure portfolio and the strength of our global business. We continued to demonstrate our ability to adapt to changing market conditions while advancing our strategic priorities. That approach is reflected in the progress we've made this year. We are creating value from the assets we operate today while laying the groundwork for future growth, which includes continuing to progress our integrated Iraq LNG import terminal and advancing our first FSRU conversion. These actions are intended to expand our global footprint and provide us with a visible, sequenced pathway to long-term growth. We remain committed to our strategy to drive meaningful value creation for our shareholders.
Informational and educational content only. Not investment advice.