Stabilis Solutions Q2 revenue falls 31% as marine and power contracts end

Stabilis Solutions

11/08/2026 21:40

Overview
US clean fueling provider's Q2 revenue fell 31% yr/yr after marine and power contracts ended
Q2 net loss widened, reflecting lower revenue and vessel charter expenses
Company secured new LNG power generation contract at U.S. data center, service starts Q3 2026

Outlook
Company expects second-half 2026 revenue to increase by over 50% versus first half
Stabilis expects 2027 full-year revenue to exceed $100 mln
Company sees 2026 as a transition year, with growth building into 2027

Result Drivers
CONTRACT COMPLETION - Revenue decline attributed to completion of large marine and power generation contracts in Q4 2025
VESSEL CHARTER EXPENSE - Net loss reflects $2.9 mln in vessel charter expenses for a contract that did not materialize; charter now terminated
AEROSPACE GROWTH - 71% yr/yr revenue growth from aerospace customers partly offset overall decline

Company press release: ID:nACSXl0WVa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Loss Per Share
Miss
$0.25
$0.05 (1 Analyst)
Q2 Net Loss
Miss
$4.64 mln
$900,000 (1 Analyst)
Q2 Adjusted EBITDA
Miss
$98,000
$800,000 (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 79.8% above its August 10 closing price of $5.01

Reuters Recommended Reads
Aug 10 - Verde Clean Fuels Q2 net loss narrows on cost savings
Aug 10 - OPAL Fuels Q2 adjusted EBITDA up on fuel station services growth 
Aug 10 - Lenders scrutinize US data center financing as community opposition builds

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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.)