Filing Flows › Stabilis Solutions (SLNG) › Q2 2025
Stabilis Solutions (SLNG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Stabilis Solutions (SLNG) reported revenue of $17.3M for the second quarter 2025 (Q2 2025), -7% from a year earlier and -0.2% from the quarter before. Operating margin was -2.7%, net loss $613K (3.5% of revenue).
Stabilis Solutions, Q2 2025: revenue $17.3M (-7% year over year), operating margin -2.7%, net loss $613K, operating cash flow $4.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.3M | -0.2% | -7% |
| Operating profit | −$466K | — | — |
| Net earnings | −$613K | — | — |
| Operating cash flow | $4.5M | +340% | -10% |
| Free cash flow | $3.9M | +621% | +6% |
What changed
Revenue was $17.3M in Q2 2025, down 7% year over year and roughly flat from the previous quarter. Natural Gas, Gathering, Transportation, Marketing and Processing was the largest line at 85% of revenue. Service lost $524K year over year (down 31%), 41% of the total change.
Operating costs exceeded revenue by $466K, an operating margin of -2.7%. Total costs fell 4% while revenue fell 7%. The fastest-growing cost line was Other operating costs (+19%). The quarter ended with a net loss of $613K, narrower than the previous quarter's $1.6M loss.
Operating cash flow was $4.5M (down 10% year over year). Non-cash charges added back $1.9M of depreciation and amortization. Working capital and other items added $3.3M. Capital expenditures of $635K left free cash flow of $3.9M.
Questions
What was Stabilis Solutions' revenue in the second quarter 2025?
Stabilis Solutions (SLNG) reported revenue of $17.3M for the second quarter 2025 (Q2 2025), -7% from a year earlier and -0.2% from the quarter before.
Was Stabilis Solutions profitable in the second quarter 2025?
Operating loss was $466K (-2.7% of revenue) and net loss $613K.
Source: Stabilis Solutions 10-Q on SEC EDGAR.