Solaris Q2 FY26 net income rises to $25.23 million; revenue climbs 12% vs Q1 to $219.4 million
Reuters2026/08/05 20:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Solaris Oilfield Infrastructure posted second-quarter revenue of $219 million, up 12% sequentially, as adjusted EBITDA climbed 30% to about $108 million.
- Net income was $25 million; diluted Class A EPS was $0.26.
- Solaris raised third-quarter adjusted EBITDA guidance to $90 million-$105 million, setting fourth-quarter guidance at $100 million-$120 million.
- Contract expansions are expected to add more than $100 million of annual adjusted EBITDA, including a turnkey ~660 MW power plant deal with tenor extended to up to 18 years.
- Solaris closed $2 billion of growth financing, bought power-generation services provider GESA, and invested in SMR nuclear technology company Deployable Energy.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solaris Oilfield Infrastructure Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051605BIZWIRE_USPR_____20260805_BW236964) on August 05, 2026, and is solely responsible for the information contained therein.
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