Mammoth Energy Q2 revenue surges on rental services growth

Mammoth Energy Services

07/08/2026 13:13

Overview
US oilfield and infrastructure services firm's Q2 revenue grew 110% yr/yr to $26.1 mln
Adjusted EBITDA for Q2 improved to $2.6 mln
Company completed acquisitions expanding fiber infrastructure capabilities, raised full-yr outlook

Outlook
Mammoth expects 2026 revenue growth to exceed 90%
Company sees 2026 Adjusted EBITDA margin exceeding 10%

Result Drivers
AVIATION SALES - Rental services revenue growth was mainly driven by increased aviation sales, including a $2 mln airframe and landing gear sale
DRILLING UTILIZATION - Drilling segment generated positive Adjusted EBITDA due to increased utilization and activity levels

Company press release: ID:nPnc2YT6la

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Loss Per Share
 
$0.01
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)