Business Wire·Aug 11, 2026, 4:05 PM ET

ERock Reports Second Quarter 2026 Results

ERock reported a record contracted backlog of approximately $1.7 billion for Q2 2026, representing a 10x increase year-over-year.
The company secured a 470 MW equipment purchase order from Anthropic, extending production commitments through 2028.
Assembly operations began at the Hyperion facility in Houston to expand manufacturing capacity for AI infrastructure demand.
Construction commenced on a 366 MW El Paso Electric generation facility designed to support Meta's data center campus.
ERock completed its initial public offering on June 11, 2026, raising approximately $400 million in gross proceeds.
The company ended Q2 2026 with $626.6 million in unrestricted cash, zero outstanding debt, & an undrawn $250 million credit facility.
Full-year 2026 revenue guidance was set between $435 million & $465 million, while Adjusted EBITDA guidance ranges from $3 million to $9 million.
Q2 2026 total revenues were $39.9 million, compared to $68.5 million in Q2 2025, while the company reported a net loss of $67.7 million for the quarter.
Adjusted EBITDA for Q2 2026 was a loss of $13.982 million, contrasting with a profit of $3.581 million in Q2 2025.
Annualized recurring service revenue reached $23.6 million, & the installed base of power systems grew to 1,104 MW by June 30, 2026.