Koil Energy Q1 2026 revenue $8.2M (+56% YoY); adjusted EBITDA $572K (7% of revenue)

Koil Energy Solutions, Inc.

2026-Q1 EPS reported $0.02 revenue$8,174,000

Revenue $8.2M, up 56% YoY and 13% sequentially; gross profit $2.6M (32% margin).
Adjusted EBITDA $572K (7% of revenue); SG&A $2.3M, up $611K YoY on higher headcount.
Won manufacturing contract for offshore carousel modification and subsea distribution system for Gulf of America.
Secured West Africa load-out, transit, and installation monitoring contract.
New clients from 2025 contributed ~25% of Q1 2026 revenue; growth trajectory deemed sustainable.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Koil Energy Solutions, Inc. reported the quarter ended March 31, 2025 results: revenue $8.2 million.

Period: the quarter ended March 31, 2025
Revenue: $8.2 million
Result: reported results

Exact text from the filing

today announced its first quarter 2026 results. "I’m extremely proud of the KOIL team delivering another record revenue quarter. In the first quarter, we achieved revenue of $8.2 million, representing a 56% year-over-year increase," said Erik Wiik, President and Chief Executive Officer of KOIL Energy. " This was driven by a winning sales team and an outstanding

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Source: SEC EDGAR

accession 0001683168-26-004073

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