Mammoth Energy Q1 revenue doubles to $22M, net income $4.7M; raises 2026 EBITDA outlook

MAMMOTH ENERGY SERVICES, INC.

2026-Q1 EPS reported $0.11 revenue$22,030,000

Revenue from continuing ops $22.0M (up 90% YoY from $11.6M); net income $4.7M ($0.10 diluted) vs net loss $2.2M in Q1 2025.
Adjusted EBITDA from continuing ops $1.9M vs ($2.3M) YoY; full-year 2026 outlook raised to positive Adjusted EBITDA.
Rental services revenue surged to $13.0M (includes $6.5M aviation APU sale); equipment rental count up 68% YoY to 389.
Ended Q1 debt-free with $125.1M cash, cash equivalents and marketable securities; began executing share repurchase program.
SG&A reduced to $3.6M from $4.1M YoY; capex $11.7M focused on aviation fleet expansion.

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