Stabilis Solutions Q2 revenue falls 31% to $11.9 million; net loss widens to $4.6 million
Stabilis Solutions reported second-quarter 2026 revenue of $11.9 million, down 31.2% from a year earlier, and a net loss of $4.6 million, or $0.25 per diluted share, compared with a $0.6 million loss a year earlier. The loss reflects lower revenue and a $2.9 million vessel charter expense tied to a charter terminated late in the quarter. Management expects second-half 2026 revenue to rise more than 50% from the first half and 2027 revenue to exceed $100 million, but those are company expectations, not results.
Key points
- Q2 2026 revenue was $11.9 million, down 31.2% year over year, mainly due to large marine and power generation contracts completed in Q4 2025
- Net loss was $4.6 million ($0.25 per diluted share) versus $0.6 million ($0.03 per share) in Q2 2025; a $2.9 million vessel charter expense was a factor
- Adjusted EBITDA was $0.1 million, compared with $1.5 million a year earlier; operating cash flow was $7.1 million, including $5.0 million of customer advance payments
- Management expects second-half 2026 revenue to increase by over 50% versus the first half and a new data center LNG contract to begin service in Q3 2026
The filing
Written by AI on Nov 9, 2026, 8:29 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 11, 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.