earnings
confidence high
sentiment positive
materiality 0.80
Mammoth Energy Q2 revenue +110% to $26.1M; raises FY outlook
MAMMOTH ENERGY SERVICES, INC.
- Revenue $26.1M, up 110% YoY; Adjusted EBITDA $2.6M vs -$3.5M YoY.
- Net loss from continuing ops $1.2M ($0.02/sh) vs -$36.5M (-$0.76/sh) YoY.
- Raised FY2026 outlook: revenue growth >90%, EBITDA margin >10% (second raise).
- Completed acquisitions of Mission Construction and BERE Rentals for fiber infrastructure.
- Cash, cash equivalents and marketable securities $77.0M at June 30; credit facility undrawn.