secwatch.observer — SEC 8-K summary
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Issuer:     Koil Energy Solutions, Inc. (KLNG)
CIK:        0001110607
Form:       8-K
Filed at:   2026-05-18T21:03:40+00:00
Accession:  0001683168-26-004073
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110607/000168316826004073/0001683168-26-004073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110607/000168316826004073/koil_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-004073

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer