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ERock (EROC) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 12, 2026 · ERock (EROC) Q2 2026 earnings results →

Q2 2026 Revenue down 42% year over year to $39.9M · 170¢ of every $1 of revenue lost · operating margin -49.8%

ERock made $39.9M in Q2 2026 (-42% Y/Y): Power System Sales Revenues $26.5M, Ongoing Services Revenues $13.4M. Operating margin -49.8%, net loss $67.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.

Revenue$39.9M
Year over year-42%
Operating margin-49.8%
Net earnings−$67.7M
Operating cash flow—

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $39.9M in Q2 2026, down 42% year over year. Power System Sales Product Revenues was the largest line at 41% of revenue. Power System Sales Product Revenues lost $27.2M year over year (down 63%), 95% of the total change.

Operating costs exceeded revenue by $19.8M, an operating margin of -49.8%. Total costs fell 13% while revenue fell 42%. The fastest-growing cost line was General & admin (+73%). The quarter ended with a net loss of $67.7M. Minority interests bore $64.7M of it: to shareholders the quarter was a loss of $3.0M. Net interest and other expense of $48.2M was the main reason.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 12, 2026$39.9M-42%-49.8%−$67.7M—

Charts

ERock: profit against cash, quarter by quarterERock: profit against cash, quarter by quarterNet incomeOperating cash flow−$15.9MQ1 2025−$8.0MQ2 2025−$17.2MQ1 2026−$67.7MQ2 2026
Latest (Q2 2026): Net income −$67.7M, Operating cash flow —.
ERock in its industry: growth against margin (8 companies, SIC 3620)ERock in its industry: growth against margin (8 companies, SIC 3620)revenue growth, year over year →↑ operating marginmedian +21%median 12%BEWWDFPSPLUGEAFFCELSCIAEROC (-42%, -50%)
Electrical Industrial Apparatus; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About ERock

ERock (NYSE: EROC) is enabling energy for a new era. ERock delivers onsite utility-grade power that gets customers up and running quickly, while supporting long-term grid development. ERock’s proprietary natural gas generators help critical facilities address grid constraints, interconnection delays, and outage risks while accelerating speed-to-power for new and expanding operations. Trusted by data centers, utilities, manufacturers, healthcare systems and government organizations, ERock engineers for rapid deployment, long-duration reliability, low local emissions, and scalable performance to meet the evolving energy demands of today and tomorrow. For more information, visit www.erock.com .

In its own words, from its 8-K, filed Aug 11, 2026.

ERock against its Electrical Industrial Apparatus peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -42% against the peers' median +21%. Operating margin: -49.8% against the peers' median 12.4%.

CompanyQuarterRevenueY/YOp. margin
EROC ERockQ2 2026$39.9M-42%-49.8%
BE Bloom EnergyQ3 2026$1.2B+138%18.2%
WWD WoodwardQ3 FY26$1.1B+21%17.4%
FPS Forgent Power SolutionsQ4 FY26$462M+94%19.9%
PLUG Plug PowerQ2 2026$178M+2%-36.0%
EAF Graftech InternationalQ3 2026$140M-3%-16.2%
FCEL Fuelcell EnergyQ3 FY26$33.0M-29%-141.4%
SCIA SCI Engineered MaterialsQ3 2026$8.1M+52%12.4%

Source: ERock 10-Q on SEC EDGAR · CIK 2110029 · Electrical Industrial Apparatus

13F: who owns EROC and who is buying

Largest holders of EROC (13F)Largest holders of EROC (13F)Price T Rowe Associates$33.0MBalyasny Asset Management L.P.$30.4MCinctive Capital Management LP$28.2MEncompass Capital Advisors LLC$27.6MZimmer Partners, LP$27.4MAmeriprise Financial$26.5MMassachusetts Financial Services$25.8MAlliancebernstein L.P.$24.7MCitadel Advisors LLC$21.8MValue Aligned Research Advisors, …$19.5M

More on EROC

History

Every quarter: Q2 2026 results

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