earnings
confidence high
sentiment neutral
materiality 0.70
Vivakor Q1 revenue $19.5M, net loss improves to $4.6M; Houston facility to open Q3 2026
Vivakor, Inc.
- Q1 2026 revenue $19.5M, down 48% YoY from $37.3M, reflecting divestiture of non-core operations.
- Gross margin improved to 29.4% (vs 12.7% YoY); gross profit up 20% to $5.7M.
- Net loss attributable to Vivakor improved to $4.6M from $7.5M in prior-year period.
- Entered joint venture with Monarch R&P for Houston Remediation Processing Center; commercial ops expected Q3 2026.
- Converted $103,100.78 of lender notes into 355,979 shares; issued without restrictive legend.