Filing Flows › Excelerate Energy (EE) › Q2 2026 › vs Q2 2025
Excelerate Energy (EE) Q2 2026 vs Q2 2025 (year over year)
Excelerate Energy's revenue rose $125M (+61%) from $205M in Q2 2025 to $329M in Q2 2026. The biggest changes: LNG Gas and Power +$113M (+203%); Terminal Services +$11.6M (+8%). Operating margin 24.6% against 21.2% (+3.4 pts).
Excelerate Energy, Q2 2026: revenue $329M (+61% year over year), operating margin 24.6%, net earnings $12.1M, operating cash flow $114M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.6% | 21.2% | +3.4 pts |
| Net margin | 3.7% | 2.3% | +1.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| LNG Gas and Power | $169M | $55.7M | $113M | +203% |
| Terminal Services | $160M | $149M | $11.6M | +8% |
| Revenue | $329M | $205M | $125M | +61% |
| Operating profit | $80.9M | $43.4M | $37.5M | +86% |
| Costs & expenses | $248M | $161M | $87.2M | +54% |
| Pre-tax earnings | $44.1M | $26.3M | $17.8M | +68% |
| Other expense, net | $36.8M | $17.0M | $19.7M | +116% |
| General & admin | $24.3M | $21.5M | $2.7M | +13% |
| Other operating costs | $224M | $140M | $84.5M | +60% |
| Income tax benefit | $5.9M | −$5.6M | $11.5M | — |
| Net earnings | $12.1M | $4.7M | $7.3M | +155% |
| Minority interests | $38.0M | $16.0M | $22.0M | +137% |
| Depreciation & amortization | $32.7M | $25.5M | $7.2M | +28% |
| Share-based compensation | $3.3M | $3.2M | $137K | +4% |
| Working capital & other | $66.1M | $53.7M | $12.4M | +23% |
| Operating cash flow | $114M | $87.1M | $27.1M | +31% |
| Capital expenditures | $258M | $33.3M | $224M | +674% |
| Negative free cash flow (OCF − capex) | $143M | −$53.9M | $197M | — |
Questions
How much did Excelerate Energy's revenue grow year over year in Q2 2026?
Excelerate Energy's revenue rose $125M (+61%) from $205M in Q2 2025 to $329M in Q2 2026.
What drove Excelerate Energy's revenue change in Q2 2026?
LNG Gas and Power +$113M (+203%); Terminal Services +$11.6M (+8%).