Earnings Releases·Nov 12, 2026, 4:08 PM ET

Accelevation Holdings Corp. — Third Quarter 2026 Earnings Summary

Revenue surged 65.9% year-over-year to $202.2 million for the quarter, while bookings and backlog grew 364% and 329% respectively, reaching $768.9 million and $1.7 billion.
Full-year 2026 guidance was set for revenue of $905 million to $915 million and adjusted EBITDA of $155 million to $165 million, both representing approximately 100% and 76% year-over-year growth at the midpoints.
Cash flow generation strengthened significantly with operating cash flow turning positive to $62.5 million and free cash flow at $55.0 million, contrasting with prior year outflows.
Strategic capital structure improvements include a completed IPO raising $170.6 million and a new $650 million senior secured credit agreement entered into subsequent to the quarter end.
Management maintains a confident outlook on scaling modular capabilities and delivering robust growth into 2027, despite risks related to customer concentration and supply chain disruptions.