The financials
Atlas Energy Solutions Inc. by the numbers
Atlas Energy Solutions Inc. (AESI) reported revenue of $266M in Q1 2026 (quarter ended March 31, 2026), down 11% from the same quarter a year earlier. That came with a gross margin of 2.4% and net loss of $47M. For the full year FY2025, revenue was $1.10B (+3.7% year on year) and net income −$50M. Its largest product in 2026-Q2 was Service at $163M, 86% of the disclosed total, just ahead of Rental at 14%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $266M | $298M | −11% |
| Gross profit | $6.3M | $55M | −88% |
| Operating income | −$32M | $15M | to a loss |
| Net income | −$47M | $1.2M | to a loss |
| Diluted EPS | −$0.38 | $0.01 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Service | $163M | 86% |
| Rental | $27M | 14% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $189.6M (+20%)
Rental grew +72% year on yearShortfall -100% year on year
Segment Latestquarter on quarteryear on year
- Service$162.7M$162.7MQoQ +17%year on year +11%+17%+11%
- Rental$27.0M$27.0MQoQ +54%year on year +72%+54%+72%
- Shortfall$0.00$0.00QoQ -100%year on year -100%-100%-100%
Oil & Gas Equipment & Services
Ranks #23 of 27 by Smart Score