Filing Flows › Excelerate Energy (EE) › Q2 2026
Excelerate Energy (EE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Excelerate Energy (EE) reported revenue of $329M for the second quarter 2026 (Q2 2026), +61% from a year earlier and -24% from the quarter before. Operating margin was 24.6%, net earnings $12.1M (3.7% of revenue).
Excelerate Energy, Q2 2026: revenue $329M (+61% year over year), operating margin 24.6%, net earnings $12.1M, operating cash flow $114M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $329M | -24% | +61% |
| Operating profit | $80.9M | -1% | +86% |
| Net earnings | $12.1M | -2% | +155% |
| Operating cash flow | $114M | +90% | +31% |
What changed
Revenue was $329.3M in Q2 2026, up 61% year over year and down 24% from the previous quarter. LNG Gas and Power was the largest line at 51% of revenue. LNG Gas and Power added $113.1M year over year (up 203%), 91% of the total change.
Operating profit was $80.9M, a 24.6% margin (up 3.4 points year over year). Of the extra revenue versus Q2 2025, 30% reached operating profit, above the 21% margin then. Total costs grew 54% against revenue growth of 61%. The fastest-growing cost line was Other operating costs (+60%). Net earnings were $12.1M, up 155% year over year. The effective tax rate was -13.5%.
Operating cash flow was $114.2M (up 31% year over year), 228% of net income including minority interests. Non-cash charges added back $32.7M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $28.1M. Capital expenditures of $257.5M exceeded it, leaving free cash flow of −$143.3M.
Questions
What was Excelerate Energy's revenue in the second quarter 2026?
Excelerate Energy (EE) reported revenue of $329M for the second quarter 2026 (Q2 2026), +61% from a year earlier and -24% from the quarter before.
Was Excelerate Energy profitable in the second quarter 2026?
Operating profit was $80.9M (24.6% of revenue) and net earnings $12.1M.
Source: Excelerate Energy 10-Q on SEC EDGAR.