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.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MAMMOTH ENERGY SERVICES, INC. reported the first quarter ended March 31, 2026 results: revenue $22.0 million, net income $4.7 million, or $0.10 per diluted share, EPS $0.10 per diluted share. Guidance raised.

Period: the first quarter ended March 31, 2026
Revenue: $22.0 million
Net income: $4.7 million, or $0.10 per diluted share
EPS: $0.10 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

is moving in the right direction and we're focused on continuing to execute.” Financial Overview for the First Quarter 2026: Total revenue from continuing operations was $22.0 million for the first quarter of 2026 compared to $11.6 million for the first quarter of 2025 and $9.5 million for the fourth quarter of 2025. Net income from continuing operations for

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Source: SEC EDGAR

accession 0001628280-26-033142

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