KOIL Energy Q2 FY26 net income rises to $652,000; revenue climbs 78% to $9.2 million

Reuters2026/08/13 12:45

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Koil Energy posted Q2 2026 revenue of USD 9.2 million, up 78% year over year, rising 13% sequentially.
Net income climbed to USD 652,000, lifting basic EPS to USD 0.05.
Adjusted EBITDA rose to USD 1.12 million, equal to 12% of revenue.
Service revenue more than doubled year over year, helped by investments in rental equipment and service execution.
Secured a major subsea umbilical handling project, added a new 3,500-metric-ton mobile offshore carousel, arranged a USD 5 million lending facility.

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. Koil Energy Solitions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130845PRIMZONEFULLFEED9809203) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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KOIL Energy Q2 FY26 net income rises to $652,000; revenue climbs 78% to $9.2 million

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