Solaris Energy Q1 revenue rises 9% to $196 million; raises Q2 EBITDA guidance
Solaris Energy Infrastructure reported first quarter 2026 revenue of approximately $196 million, up 9% from the fourth quarter of 2025, and net income of $32 million, or $0.32 per diluted Class A share, compared with a net loss of $3.5 million in the prior quarter. The company raised its second quarter 2026 Adjusted EBITDA guidance to $83 million to $93 million and signed a third long-term power contract covering over 600 MW.
Key points
- Q1 2026 revenue of approximately $196 million, up 9% sequentially; Adjusted EBITDA of approximately $84 million, up 22% sequentially
- Net income of $32 million and $0.32 per diluted Class A share; adjusted pro forma EPS of $0.44
- Q2 2026 Adjusted EBITDA guidance raised to $83 million to $93 million from $76 million to $84 million; Q3 2026 guidance set at $80 million to $95 million
- Third long-term power contract signed April 24, 2026, for over 600 MW with a 10-year term; quarterly dividend of $0.12 per share payable June 12, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 April 27, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.