---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053224"
form_type: "8-K"
ticker: "AESI"
cik: "0001984060"
company_name: "Atlas Energy Solutions Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:29:19.948825+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Atlas Energy Q1 net income $26.8M on sales $192.7M; declares $0.22 dividend

## Summary
- Total sales $192.7M, up 26% YoY from $153.4M; net income $26.8M (14% margin) vs $62.9M a year ago.
- Adjusted EBITDA $75.5M (39% margin), down from $84.0M (55% margin) in Q1 2023.
- Quarterly dividend increased to $0.22 per share ($0.16 fixed + $0.06 variable), payable May 23, 2024.
- Dune Express construction remains on-time and on-budget.
- Adjusted Free Cash Flow $71.1M (37% margin).

## SEC filing metadata
- accession: 0000950170-24-053224
- form_type: 8-K
- ticker: AESI
- cik: 0001984060
- company_name: Atlas Energy Solutions Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1984060/000095017024053224/0000950170-24-053224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1984060/000095017024053224/aesi-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053224
- JSON: https://secwatch.observer/filing/0000950170-24-053224.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053224.txt

## Key facts
- Earnings Releases
  Atlas Energy Solutions Inc. reported March 31, 2024 results: revenue $192.7 million, net income $26.8 million.
  - Period: March 31, 2024
  - Revenue: $192.7 million
  - Net income: $26.8 million
  - Result: reported results
  source text: Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights • Total sales of $192.7 million • Net income of $26.8 million (14% Net Income Margin) • Adjusted EBITDA of $75.5 million (39% Adjusted EBITDA Margin) (1) • Net cash provided by operating activities of $39.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/1984060/000095017024053224/0000950170-24-053224-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.