NYSE$AESI

AESI Holdings Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Atlas Energy Solutions reported Q1 2026 revenue of $265.6M (-11% YoY) with a net loss of $47.3M, or $(0.38) diluted EPS.

For the quarter ended March 31, 2026, Atlas Energy Solutions generated $265.6 million in total revenue versus $297.6 million a year ago as proppant and services volumes faced softer demand. The company posted an operating loss of $32.5 million and a net loss of $47.3 million, or $(0.38) per share, compared with net income of $1.2 million and $0.01 EPS in Q1 2025. Gross profit fell to $6.3 million on higher depreciation and SG&A.

  • Total revenue $265.6M; gross profit $6.3M versus $54.5M prior year.
  • Operating loss $(32.5)M; net loss $(47.3)M ($(0.38) diluted EPS).
  • Product, service, and rental revenue mix shifted with power-equipment sales.
  • Interest expense $15.8M; insurance recovery gain $3.3M in the quarter.
  • Oilfield activity and proppant pricing remain key swing factors in MD&A.

Headline financials

Total Revenue

$266M

Previous: $298M-10.8%
EPS (adj)

-$0.38

Previous: $0.01-3900.0%
Capital Expenditures

-$29.3M

Previous: -$52.4M+44.1%
Net Income

-$47.3M

Previous: $1.22M-3977.3%
Operating Income

-$32.5M

Previous: $15.3M-311.8%
Gross Profit

$6.33M

Previous: $54.5M-88.4%

Revenue & EPS history

AESI Holdings · Revenue · Quarterly

$266M

Q1 2026-10.8%vs Q1 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

The 10-Q discusses proppant demand, power-equipment utilization, and cost actions without numeric quarterly EPS or revenue guidance.

Tailwinds

  • Diversified revenue from proppant, services, and rental power equipment.
  • Insurance recovery partially offset operating costs.
  • Management focused on cost control amid cyclical downturn.

Headwinds

  • Sharp YoY decline in gross profit and swing to net loss.
  • Higher depreciation and amortization on acquired assets.
  • Commodity and completion-activity volatility weigh on volumes.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-2.7%

Avg return

Earnings day

-3.5%

Avg return

5 days after

+1.6%

Avg return

30 days after

50%

4 / 8 earnings

Positive

+8.3%

Q1 2026

Best reaction

-15.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.3%+5.4%+2.5%
Q4 2025-5.7%-12.5%+27.3%
Q3 2025-15.9%-11.9%-20.6%
Q1 2025-10.6%-10.7%-9.4%
Q3 2024+1.7%-4.3%+17.0%
Q2 2024+5.6%+7.6%+12.8%
Q1 2024+0.8%+0.4%-5.6%
Q3 2023-5.6%-1.7%-11.6%

Discussion

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