Filing Flows › Atlas Energy Solutions (AESI) › Q2 2025
Atlas Energy Solutions (AESI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Atlas Energy Solutions (AESI) reported revenue of $289M for the second quarter 2025 (Q2 2025), +0.4% from a year earlier and -3% from the quarter before. Operating margin was 2.5%, net loss $5.6M (1.9% of revenue).
Atlas Energy Solutions, Q2 2025: revenue $289M (+0.4% year over year), operating margin 2.5%, net loss $5.6M, operating cash flow $88.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $289M | -3% | +0.4% |
| Operating profit | $7.2M | -53% | — |
| Net earnings | −$5.6M | -556% | — |
| Operating cash flow | $88.6M | — | +46% |
| Free cash flow | $48.4M | — | — |
What changed
Revenue was $288.7M in Q2 2025, roughly flat year over year and down 3% from the previous quarter. Service was the largest line at 51% of revenue. Service declined 8%.
Gross margin was 18.1%, down 2.9 points from a year earlier. Operating profit was $7.2M, a 2.5% margin (down 7.3 points year over year). Operating profit fell $21.0M even though revenue rose $1.2M versus a year earlier, so costs grew faster than sales. Operating expenses grew 40% against flat revenue. The fastest-growing cost line was Other operating costs (+117%). The quarter ended with a net loss of $5.6M, after a profit of $1.2M the previous quarter. Net interest and other expense of $14.4M was the main reason.
Operating cash flow was $88.6M (up 46% year over year). Non-cash charges added back $40.6M of depreciation and amortization and $8.3M of share-based compensation. Working capital and other items added $45.3M. Capital expenditures of $40.3M left free cash flow of $48.4M.
Questions
What was Atlas Energy Solutions' revenue in the second quarter 2025?
Atlas Energy Solutions (AESI) reported revenue of $289M for the second quarter 2025 (Q2 2025), +0.4% from a year earlier and -3% from the quarter before.
Was Atlas Energy Solutions profitable in the second quarter 2025?
Operating profit was $7.2M (2.5% of revenue) and net loss $5.6M.