Stabilis Solutions Q1 revenue falls

Stabilis Solutions

06/05/2026 22:40

Overview

U.S. clean fueling provider's Q1 revenue fell 40% yr/yr after large contract completions

Company posted wider net loss and negative adjusted EBITDA for Q1

Secured $200 mln LNG supply contract for U.S. data center, starting Q1 2027

Outlook

Company expects results to significantly improve in second half of 2026

Stabilis expects new data center contracts to commence in Q2 2026

Company preparing for ramp-up of large data center contract in early 2027

Result Drivers

CONTRACT COMPLETIONS - Revenue decline primarily due to completion of contracts in marine and power generation sectors

VESSEL CHARTER EXPENSES - Net loss reflects $1.5 mln in vessel charter expenses for a marine vessel being subchartered

AEROSPACE GROWTH - Aerospace revenues grew 31% yr/yr, partially offsetting declines in other sectors

Company press release: ID:nACSNZpR9a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
Miss
-$0.22
-$0.02 (1 Analyst)
Q1 Net Income
Miss
-$4.1 mln
-$500,000 (1 Analyst)
Q1 Adjusted EBITDA
Miss
-$672,000
$1.40 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Stabilis Solutions Inc is $9.00, about 119.5% above its May 5 closing price of $4.10

The stock recently traded at 60 times the next 12-month earnings vs. a P/E of 278 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)