---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-005264"
form_type: "8-K"
ticker: "KLNG"
cik: "0001110607"
company_name: "Koil Energy Solutions, Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T12:58:34.100490+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Koil Energy Q2 revenue up 65% to $5.8M; net income $1.0M vs loss $0.4M YoY

## Summary
- Revenue $5.8M (+65% YoY); gross profit $2.0M (+96% YoY); net income $1.0M ($0.08 diluted EPS).
- Adjusted EBITDA $1.2M (20% margin) vs -$0.3M in Q2 2023.
- SG&A reduced to 22% of revenue from 45% YoY, driving margin expansion.
- Working capital $4.4M, shareholders' equity $7.2M ($0.59/share) at June 30, 2024.
- CEO Erik Wiik cites strong execution and expects further upside in growth journey.

## SEC filing metadata
- accession: 0001683168-24-005264
- form_type: 8-K
- ticker: KLNG
- cik: 0001110607
- company_name: Koil Energy Solutions, Inc.
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110607/000168316824005264/0001683168-24-005264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110607/000168316824005264/koil_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-005264
- JSON: https://secwatch.observer/filing/0001683168-24-005264.json
- Plain text: https://secwatch.observer/filing/0001683168-24-005264.txt

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