| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 113.68 | 25.1% | 23.9% |
| Total Income | 113.68 | 25.1% | 23.9% |
| Expenditure | 162.89 | 11.8% | 43.2% |
| PBT | 30.22 | 36.1% | 0.4% |
| Net Profit | 20.49 | 4.4% | 71.3% |
| OPM | 49.71% | 5.93pp | 25.89pp |
| NPM | 18.02% | 5.57pp | 10.01pp |
| EPS | — |
Solaris Energy Infrastructure Announces Q2 2026 Results, Expansion, and Raises Guidance
06 Aug 2026 · 6 Aug, 1:53 am
Summary
Solaris Energy Infrastructure announced its second quarter 2026 results, reporting revenue of approximately $219 million, up 12% sequentially. The company's Adjusted EBITDA increased by 30% sequentially to $108 million. Key strategic initiatives included expanding long-term contracts, acquiring GESA, and investing in SMR technology. Management expressed confidence in executing their strategy and meeting market demand, leading to raised guidance for the remainder of 2026.
Key Highlights
- 1
Solaris Energy Infrastructure reported revenue of approximately $219 million for the second quarter of 2026, a 12% increase sequentially from the first quarter.
- 2
Net income for Q2 2026 was $25 million, with adjusted pro forma net income at $37 million, or $0.39 per fully diluted share.
- 3
Adjusted EBITDA for the second quarter of 2026 was approximately $108 million, marking a 30% sequential increase from the first quarter.
- 4
The company expanded three long-term contracts, adding over $100 million in expected annual Adjusted EBITDA.
- 5
Solaris strengthened its balance sheet by securing $2 billion in growth financing, including a $1.3 billion senior notes offering and a new $650 million credit facility.
- 6
The company acquired Global Energy Services Alliance, Inc. (GESA) to enhance project execution capacity and aftermarket services.
- 7
Solaris raised its third quarter 2026 Adjusted EBITDA guidance to $90-105 million and established fourth quarter guidance at $100-120 million.
Management Comments
Bill Zartler
We are executing, expanding our contracted scope and continuing to build Solaris into a proven power and infrastructure business well positioned to serve our customers. Our accomplishments and activities this quarter, from expanding the scope of our turnkey power plants and bringing GESA's service and aftermarket capabilities in-house, to taking an early equity position in a small modular reactor technology company, reflect our strategy to grow our offerings and capabilities to deliver valuable solutions to our customers.
Amanda Brock
Not only are our existing customers expanding the scope of their contracts with us, but in addition, we continue to see strong market demand for our services. We are very focused on organic and inorganic growth designed to reinforce our track record of on-time and successful execution with the ability to deliver services across the full cycle of power infrastructure solutions. We are excited about the opportunities we see in the market for our expanded services.
Informational and educational content only. Not investment advice.