Filing Flows › Atlas Energy Solutions (AESI) › Q3 2026
Atlas Energy Solutions (AESI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Atlas Energy Solutions (AESI) reported revenue of $268M for the third quarter 2026 (Q3 2026), +3% from a year earlier and -9% from the quarter before. Operating margin was -14.9%, net loss $45.1M (16.8% of revenue).
Atlas Energy Solutions, Q3 2026: revenue $268M (+3% year over year), operating margin -14.9%, net loss $45.1M, operating cash flow $23.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $268M | -9% | +3% |
| Operating profit | −$40.0M | — | — |
| Net earnings | −$45.1M | — | — |
| Operating cash flow | $23.4M | — | -28% |
What changed
Revenue was $267.8M in Q3 2026, up 3% year over year and down 9% from the previous quarter. Service was the largest line at 53% of revenue. Rental Revenue added $12.6M year over year (up 77%), 155% of the total change. Product declined 9%.
Gross margin was 1.9%, down 7.2 points from Q3 2025. Operating costs exceeded revenue by $40.0M, an operating margin of -14.9%. Operating expenses grew 7% against revenue growth of 3%. The quarter ended with a net loss of $45.1M, wider than the previous quarter's $25.1M loss.
Operating cash flow was $23.4M (down 28% year over year). Non-cash charges added back $47.1M of depreciation and amortization and $8.8M of share-based compensation. Working capital and other items added $12.7M. Capital expenditures of $184.7M exceeded it, leaving free cash flow of −$161.3M.
Questions
What was Atlas Energy Solutions' revenue in the third quarter 2026?
Atlas Energy Solutions (AESI) reported revenue of $268M for the third quarter 2026 (Q3 2026), +3% from a year earlier and -9% from the quarter before.
Was Atlas Energy Solutions profitable in the third quarter 2026?
Operating loss was $40.0M (-14.9% of revenue) and net loss $45.1M.