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Mammoth Energy FY26 Q1 swings to profit of $4.7 million; revenue more than doubles to $22 million
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Mammoth Energy FY26 Q1 swings to profit of $4.7 million; revenue more than doubles to $22 million
  • Mammoth Energy Services posted Q1 net income from continuing operations of USD 4.7 million, or USD 0.10 per diluted share, swinging from a loss year-ago.
  • Revenue from continuing operations rose to USD 22 million, up 89.33% year over year.
  • Adjusted EBITDA from continuing operations improved to USD 1.9 million from a loss year-ago, as rental services revenue climbed to USD 13 million on a USD 10 million increase in aviation revenue that included a USD 6.5 million auxiliary power unit sale.
  • Unrestricted cash and cash equivalents ended quarter at USD 92.7 million, with USD 32.4 million of marketable securities; balance sheet remained debt-free with revolving credit facility undrawn.
  • CFO Mark Layton said the company raised its 2026 outlook, now expecting full-year Adjusted EBITDA to be positive, citing portfolio simplification, cost reductions, continued strength in aviation, and initial execution of its share repurchase program.


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. Mammoth Energy Services Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605110800PR_NEWS_USPR_____DA55103) on May 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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