Filing Flows › Solaris Energy Infrastructure (SEI) › Q2 2026
Solaris Energy Infrastructure (SEI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Solaris Energy Infrastructure (SEI) reported revenue of $219M for the second quarter 2026 (Q2 2026), +47% from a year earlier and +12% from the quarter before. Operating margin was 25.8%, net earnings $20.5M (9.3% of revenue).
Solaris Energy Infrastructure, Q2 2026: revenue $219M (+47% year over year), operating margin 25.8%, net earnings $20.5M, operating cash flow $186M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $219M | +12% | +47% |
| Operating profit | $56.5M | +12% | +59% |
| Net earnings | $20.5M | -4% | +71% |
| Operating cash flow | $186M | +136% | +671% |
What changed
Revenue was $219.4M in Q2 2026, up 47% year over year and up 12% from the previous quarter. Solaris Power Solutions was the largest line at 72% of revenue. Solaris Power Solutions added $82.7M year over year (up 109%), 118% of the total change. Solaris Logistics Solutions declined 17%.
Operating profit was $56.5M, a 25.8% margin (up 1.9 points year over year). Of the extra revenue versus Q2 2025, 30% reached operating profit, above the 24% margin then. Total costs grew 43% against revenue growth of 47%. The fastest-growing cost line was SG&A (+101%). Net earnings were $20.5M, up 71% year over year. The effective tax rate was 16.5%.
Operating cash flow was $186.5M (up 671% year over year), 739% of net income including minority interests. Non-cash charges added back $39.5M of depreciation and amortization and $11.8M of share-based compensation. Working capital and other items added $110.0M. Capital expenditures of $491.8M exceeded it, leaving free cash flow of −$305.4M.
Questions
What was Solaris Energy Infrastructure's revenue in the second quarter 2026?
Solaris Energy Infrastructure (SEI) reported revenue of $219M for the second quarter 2026 (Q2 2026), +47% from a year earlier and +12% from the quarter before.
Was Solaris Energy Infrastructure profitable in the second quarter 2026?
Operating profit was $56.5M (25.8% of revenue) and net earnings $20.5M.