Filing Flows › Excelerate Energy (EE) › Q3 2026
Excelerate Energy (EE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Excelerate Energy (EE) reported revenue of $297M for the third quarter 2026 (Q3 2026), -24% from a year earlier and -10% from the quarter before. Operating margin was 31.8%, net earnings $14.2M (4.8% of revenue).
Excelerate Energy, Q3 2026: revenue $297M (-24% year over year), operating margin 31.8%, net earnings $14.2M, operating cash flow $80.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $297M | -10% | -24% |
| Operating profit | $94.6M | +17% | +8% |
| Net earnings | $14.2M | +18% | +2% |
| Operating cash flow | $80.3M | -30% | -30% |
| Free cash flow | $50.5M | — | -20% |
What changed
Revenue was $297.2M in Q3 2026, down 24% year over year and down 10% from the previous quarter. Terminal Services was the largest line at 56% of revenue. LNG Gas and Power lost $113.6M year over year (down 46%), 121% of the total change.
Operating profit was $94.6M, a 31.8% margin (up 9.5 points year over year). Total costs fell 33% while revenue fell 24%. The fastest-growing cost line was General & admin (+23%). Net earnings were $14.2M, up 2% year over year. The effective tax rate was 14.0%.
Operating cash flow was $80.3M (down 30% year over year), 134% of net income including minority interests. Non-cash charges added back $32.5M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $15.5M. Capital expenditures of $29.8M left free cash flow of $50.5M.
Questions
What was Excelerate Energy's revenue in the third quarter 2026?
Excelerate Energy (EE) reported revenue of $297M for the third quarter 2026 (Q3 2026), -24% from a year earlier and -10% from the quarter before.
Was Excelerate Energy profitable in the third quarter 2026?
Operating profit was $94.6M (31.8% of revenue) and net earnings $14.2M.
Source: Excelerate Energy 10-Q on SEC EDGAR.