Excelerate Energy Q1 revenue rises to $433.4M; 2026 EBITDA outlook revised on Iraq delay
Excelerate Energy reported first quarter 2026 revenue of $433.4 million, up from $315.1 million a year earlier, but diluted EPS fell to $0.37 from $0.46 and net income slipped to $50.0 million from $52.1 million. The company revised its full-year 2026 Adjusted EBITDA guidance to $480 million to $510 million because the Iraq LNG import terminal startup is now expected in 2027 rather than the third quarter of 2026, which shareholders will weigh against the company's new Jordan deployment.
Key points
- Q1 2026 revenue $433.4 million versus $315.1 million in Q1 2025; Adjusted EBITDA $122.2 million versus $100.4 million
- Diluted EPS $0.37 versus $0.46 a year earlier; net income $50.0 million versus $52.1 million
- 2026 Adjusted EBITDA guidance now $480 million to $510 million; committed growth capital $270 million to $300 million
- Quarterly dividend of $0.08 per share payable June 4, 2026; FSRU Excelerate Acadia to deploy to Jordan under a nine-month charter
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 06, 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.