--- title: "Atlas Energy Solutions | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 265.58 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285266131.md" datetime: "2026-05-05T20:51:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285266131.md) - [en](https://longbridge.com/en/news/285266131.md) - [zh-HK](https://longbridge.com/zh-HK/news/285266131.md) --- # Atlas Energy Solutions | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 265.58 M Revenue: As of FY2026 Q1, the actual value is USD 265.58 M, beating the estimate of USD 256.11 M. EPS: As of FY2026 Q1, the actual value is USD -0.38. EBIT: As of FY2026 Q1, the actual value is USD -31.99 M. #### Segment Revenue - **Total Revenue**: - Three Months Ended March 31, 2026: $265,583 thousand - Three Months Ended March 31, 2025: $297,591 thousand - **Sand & Logistics Segment Revenue**: - Three Months Ended March 31, 2026: $244,717 thousand, comprising $105,604 thousand in product revenue and $139,113 thousand in service revenue. - Three Months Ended March 31, 2025: $290,254 thousand, comprising $139,645 thousand in product revenue and $150,609 thousand in service revenue. - **Power Segment Revenue**: - Three Months Ended March 31, 2026: $20,866 thousand, comprising $3,336 thousand in product revenue and $17,530 thousand in rental revenue. - Three Months Ended March 31, 2025: $7,337 thousand, entirely from rental revenue. #### Operational Metrics - **Gross Profit (Loss)**: - Total for Three Months Ended March 31, 2026: $6,332 thousand. - Total for Three Months Ended March 31, 2025: $54,528 thousand. - Sand & Logistics for Three Months Ended March 31, 2026: - $1,413 thousand. - Sand & Logistics for Three Months Ended March 31, 2025: $50,624 thousand. - Power for Three Months Ended March 31, 2026: $7,745 thousand. - Power for Three Months Ended March 31, 2025: $3,904 thousand. - **Operating Income (Loss)**: - Three Months Ended March 31, 2026: - $32,476 thousand. - Three Months Ended March 31, 2025: $15,331 thousand. - **Net Income (Loss)**: - Three Months Ended March 31, 2026: - $47,264 thousand. - Three Months Ended March 31, 2025: $1,219 thousand. - **Cost of Sales (excluding Depreciation, Depletion and Accretion expense)**: - Total for Three Months Ended March 31, 2026: $214,025 thousand. - Total for Three Months Ended March 31, 2025: $206,063 thousand. - Sand & Logistics for Three Months Ended March 31, 2026: $206,052 thousand. - Sand & Logistics for Three Months Ended March 31, 2025: $203,719 thousand. - Power for Three Months Ended March 31, 2026: $7,973 thousand. - Power for Three Months Ended March 31, 2025: $2,344 thousand. - **Depreciation, Depletion and Accretion Expense**: - Total for Three Months Ended March 31, 2026: $45,226 thousand. - Total for Three Months Ended March 31, 2025: $37,000 thousand. - Sand & Logistics for Three Months Ended March 31, 2026: $40,078 thousand. - Sand & Logistics for Three Months Ended March 31, 2025: $35,911 thousand. - Power for Three Months Ended March 31, 2026: $5,148 thousand. - Power for Three Months Ended March 31, 2025: $1,089 thousand. - **Selling, General and Administrative Expense**: - Three Months Ended March 31, 2026: $35,746 thousand. - Three Months Ended March 31, 2025: $34,412 thousand. - **Amortization Expense of Acquired Intangible Assets**: - Three Months Ended March 31, 2026: $6,371 thousand. - Three Months Ended March 31, 2025: $4,785 thousand. - **Interest (expense), net**: - Three Months Ended March 31, 2026: - $15,784 thousand. - Three Months Ended March 31, 2025: - $12,078 thousand. - **Income Tax Expense (Benefit)**: - Three Months Ended March 31, 2026: - $510 thousand. - Three Months Ended March 31, 2025: $2,293 thousand. - **Credit Loss Expense**: - Three Months Ended March 31, 2026: $17 thousand. - Three Months Ended March 31, 2025: $0 thousand. - **Insurance Recovery (Gain)**: - Three Months Ended March 31, 2026: $3,326 thousand. - Three Months Ended March 31, 2025: $0 thousand. #### Cash Flow - **Net Cash Provided by (Used in) Operating Activities**: - Three Months Ended March 31, 2026: $18,996 thousand. - Three Months Ended March 31, 2025: - $7,450 thousand. - **Net Cash Used in Investing Activities**: - Three Months Ended March 31, 2026: - $22,613 thousand. - Three Months Ended March 31, 2025: - $228,502 thousand. - **Net Cash Provided by Financing Activities**: - Three Months Ended March 31, 2026: $2,765 thousand. - Three Months Ended March 31, 2025: $232,922 thousand. - **Net Decrease in Cash and Cash Equivalents**: - Three Months Ended March 31, 2026: - $852 thousand. - Three Months Ended March 31, 2025: - $3,030 thousand. - **Cash and Cash Equivalents, End of Period**: - March 31, 2026: $39,780 thousand. - March 31, 2025: $68,674 thousand. #### Unique Metrics and Capital Expenditures - **Total Assets**: - Sand & Logistics as of March 31, 2026: $1,966,392 thousand. - Power as of March 31, 2026: $332,186 thousand. - Total as of March 31, 2026: $2,298,578 thousand. - Sand & Logistics as of December 31, 2025: $1,946,298 thousand. - Power as of December 31, 2025: $282,130 thousand. - Total as of December 31, 2025: $2,228,428 thousand. - **Total Capital Expenditures Incurred**: - Three Months Ended March 31, 2026: $67,076 thousand, with $18,850 thousand for Sand & Logistics and $48,226 thousand for Power. - Three Months Ended March 31, 2025: $38,863 thousand, with $36,724 thousand for Sand & Logistics and $2,139 thousand for Power. - **Net Debt**: - As of March 31, 2026: $660,173 thousand. - As of March 31, 2025: $492,421 thousand. - **Maintenance Capital Expenditures (Accrual Basis)**: - Three Months Ended March 31, 2026: $24,624 thousand. - Three Months Ended March 31, 2025: $15,533 thousand. - **Adjusted EBITDA**: - Three Months Ended March 31, 2026: $28,402 thousand. - Three Months Ended March 31, 2025: $74,291 thousand. - **Adjusted Free Cash Flow**: - Three Months Ended March 31, 2026: $3,778 thousand. - Three Months Ended March 31, 2025: $58,758 thousand. #### Future Outlook and Strategy Atlas Energy Solutions Inc. anticipates increased demand for its power generation solutions due to accelerating U.S. power needs, constrained grid infrastructure, and demand growth from data centers and reshored manufacturing. The company plans to develop a power facility and provide dedicated on-site power generation capacity for a technology infrastructure provider under a five-year power purchase agreement, with full energization expected in the first half of 2027. To meet future demand, Atlas Energy Solutions Inc. has committed to purchasing approximately 1.4 GW of incremental power generation equipment from Caterpillar Inc. through 2030. ### Related Stocks - [AESI.US](https://longbridge.com/en/quote/AESI.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md)