Filing Flows › Atlas Energy Solutions (AESI) › Q2 2026
Atlas Energy Solutions (AESI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Atlas Energy Solutions (AESI) reported revenue of $293M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +10% from the quarter before. Operating margin was -7.7%, net loss $25.1M (8.6% of revenue).
Atlas Energy Solutions, Q2 2026: revenue $293M (+2% year over year), operating margin -7.7%, net loss $25.1M, operating cash flow −$553K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293M | +10% | +2% |
| Operating profit | −$22.5M | — | -413% |
| Net earnings | −$25.1M | — | — |
| Operating cash flow | −$553K | -103% | -101% |
What changed
Revenue was $293.2M in Q2 2026, up 2% year over year and up 10% from the previous quarter. Service was the largest line at 55% of revenue. Service added $16.3M year over year (up 11%), 362% of the total change. Product declined 18%.
Gross margin was 8.8%, down 9.2 points from Q2 2025. Operating costs exceeded revenue by $22.5M, an operating margin of -7.7%. Operating expenses grew 8% against revenue growth of 2%. The fastest-growing cost line was SG&A (+15%). The quarter ended with a net loss of $25.1M, narrower than the previous quarter's $47.3M loss. Net interest and other expense of $23.0M was the main reason.
Operating cash flow was −$553K. Non-cash charges added back $46.0M of depreciation and amortization and $8.7M of share-based compensation. Working capital and other items used $30.2M. Capital expenditures of $153.8M exceeded it, leaving free cash flow of −$154.4M.
Questions
What was Atlas Energy Solutions' revenue in the second quarter 2026?
Atlas Energy Solutions (AESI) reported revenue of $293M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +10% from the quarter before.
Was Atlas Energy Solutions profitable in the second quarter 2026?
Operating loss was $22.5M (-7.7% of revenue) and net loss $25.1M.