Earnings Releases·Nov 4, 2026, 5:17 PM ET

Solaris Energy Infrastructure — Third Quarter 2026 Earnings Summary

Third quarter 2026 revenue rose 55% sequentially to $341 million, with net income increasing 56% to $39 million ($0.42 per share) and adjusted EBITDA up 26% to $136 million.
Management raised full-year and next-year outlooks, increasing Q4 2026 adjusted EBITDA guidance to $165-185 million and Q1 2027 guidance to $220-260 million, while projecting 2027 EBITDA to more than double 2026 levels.
The company secured a new 15-year power contract for 900 MW and an additional 200 MW for 2027 deployment, bringing total capacity under long-term contracts with investment-grade counterparties to 3.2 GW.
Capital structure strengthened with $1.25 billion in new senior notes and $200 million in bank commitments, though debt attributable to Solaris rose to $2.398 billion and capital expenditures reached $547.2 million.
The Board declared a Q4 2026 dividend of $0.12 per share, marking the 33rd consecutive dividend, while total cash and cash equivalents grew to $497.976 million.