earnings
confidence high
sentiment negative
materiality 0.80
Atlas Energy Q1 net loss $47.3M; revenue $265.5M, down 11% YoY; signs Caterpillar framework, PPA, convertible notes
Atlas Energy Solutions Inc.
2026-Q1 EPS reported
-$0.38
revenue$265,583,000
- Q1 2026 net loss $47.3M vs net income $1.2M in Q1 2025; revenue $265.5M, down 11% from $297.6M YoY; Adj. EBITDA $28.4M, down 62% from $74.3M.
- Adj. EBITDA $28.4M within prior guidance range of $26-30M; Adj. Free Cash Flow $3.8M vs $58.8M Q1 2025.
- Signed Global Framework Agreement with Caterpillar for 1.4 GW of incremental power generation through 2030.
- Completed $450M private placement of 0.50% convertible notes due 2031; net proceeds ~$386.2M.
- Targeting >550 MW power generation capacity deployed by first half 2027; evaluating ~4 GW of potential opportunities.