AleAnna swings to $3.4 million Q1 2026 net income on $9.3 million revenue
AleAnna reported first quarter 2026 results, with revenue of $9.3 million, up from $644,600 a year earlier, and net income of $3.4 million, compared with a net loss of $3.3 million in the first quarter of 2025. The company said this is its fourth consecutive quarter of positive Adjusted EBITDA and net income, and it reported $31.1 million in cash at March 31, 2026. The results reflect sales from its share of production at the Longanesi field, which the company said ramped up during 2025.
Key points
- Revenue was $9,343,517 for the quarter ended March 31, 2026, versus $644,600 for the same quarter of 2025.
- Net income was $3,399,521, compared with a net loss of $3,339,370 a year earlier.
- Adjusted EBITDA, a non-GAAP measure, was $4,279,640, compared with a loss of $3,552,145 in the prior-year quarter.
- Cash and cash equivalents were $31,124,907 as of March 31, 2026, versus $31,826,830 at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.