AleAnna Q2 net income rises to $3.8 million from $0.6 million on Longanesi sales
AleAnna reported second quarter 2026 results with revenue of $10.2 million, up from $4.0 million a year earlier, and net income of $3.8 million, compared with $0.6 million. Revenue growth came mainly from sales of its share of production from the Longanesi field, and the company ended the quarter with $32.6 million in cash. The results show a sharp year-over-year improvement in both revenue and profit for shareholders.
Key points
- Q2 2026 revenue was $10.2 million, versus $4.0 million in Q2 2025.
- Net income was $3.8 million, versus $0.6 million; basic and diluted EPS was $0.06, versus $0.01.
- Adjusted EBITDA, a non-GAAP measure, was $4.1 million, versus $0.8 million.
- Construction commenced on the Gradizza field development project during Q2 2026, which the company says is expected to be its first wholly owned and operated production asset.
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 August 13, 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.