Mammoth Energy Q2 adjusted EBITDA rises 37% sequentially to $2.6 million; revenue more than doubles year over year to $26.1 million
Reuters2026/08/07 12:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Mammoth Energy Services posted Q2 2026 revenue of $26.1 million, up 19% sequentially and more than doubled year-over-year.
- Net loss from continuing operations (GAAP) widened to $1.2 million; adjusted EBITDA from continuing operations (non-GAAP) rose 37% sequentially to $2.6 million.
- Capital expenditures climbed 276% from Q1 to $44 million, led by $41.2 million of aviation rental-services spending; total debt was $0.
- Liquidity was $77 million, including $50.9 million of cash and $26.1 million of marketable securities; pro-forma liquidity was $97 million including $20 million Puerto Rico receivables.
- FY 2026 guidance was raised to revenue growth of more than 90% versus 2025, with adjusted EBITDA margin above 10%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mammoth Energy Services Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.
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