--- title: "AleAnna | 10-Q: FY2026 Q1 Revenue: USD 9.344 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286500519.md" datetime: "2026-05-15T03:09:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286500519.md) - [en](https://longbridge.com/en/news/286500519.md) - [zh-HK](https://longbridge.com/zh-HK/news/286500519.md) --- # AleAnna | 10-Q: FY2026 Q1 Revenue: USD 9.344 M Revenue: As of FY2026 Q1, the actual value is USD 9.344 M. EPS: As of FY2026 Q1, the actual value is USD 0.05. EBIT: As of FY2026 Q1, the actual value is USD 3.557 M. #### Segment Revenue - **Total Revenues**: AleAnna, Inc. generated $9,343,517 in total revenues for the three months ended March 31, 2026, marking a 1350% increase from $644,600 in the same period of 2025, primarily driven by sustained production at the Longanesi field. - **Conventional Segment**: Revenues were $8,921,637 for the three months ended March 31, 2026, compared to $0 for the same period in 2025, mainly from natural gas sales from the Longanesi field. - **Renewable Segment**: Revenues were $421,880 for the three months ended March 31, 2026, compared to $644,600 for the same period in 2025, primarily from electricity sales at two renewable natural gas assets. #### Operational Metrics - **Net Income Attributable to Class A Common Stockholders**: AleAnna, Inc. reported a net income of $2,073,869 for the three months ended March 31, 2026, a significant improvement from a net loss of - $2,006,139 in the prior-year period. - **Operating Income**: The company achieved an operating income of $3,697,081 for the three months ended March 31, 2026, compared to an operating loss of - $3,625,251 in the same period of 2025. - **Cost of Revenues**: - **Total**: Increased by $712,600 (85%) to $1,550,995 for the three months ended March 31, 2026, from $838,395 in the prior-year period, due to increased production costs from the Longanesi field. - **Conventional Segment**: Cost of revenues was $1,085,446 for the three months ended March 31, 2026, compared to $0 in 2025. - **Renewable Segment**: Cost of revenues was $465,549 for the three months ended March 31, 2026, compared to $838,395 in 2025. - **Lease Operating Expense**: - **Total**: Total lease operating expense was $1,315,104 for the three months ended March 31, 2026, with no expense in the prior-year period, due to the lease of a temporary facility for the Longanesi field. - **Conventional Segment**: Lease operating expense was $1,315,104 for the three months ended March 31, 2026. - **Renewable Segment**: Lease operating expense was $0 for both periods. - **General and Administrative (G&A) Expenses**: - **Total**: Decreased by $1,109,272 (33%) to $2,215,573 for the three months ended March 31, 2026, from $3,324,845 in 2025, primarily due to reductions in legal, audit, and consulting fees. - **Conventional Segment G&A**: $899,340 for the three months ended March 31, 2026, compared to $686,781 in 2025. - **Renewable Segment G&A**: $437,036 for the three months ended March 31, 2026, compared to $1,014,503 in 2025. - **Depreciation and Depletion**: - **Total**: Increased by $1,105,346 (1512%) to $1,178,452 for the three months ended March 31, 2026, from $73,106 in 2025, as the Longanesi field had not commenced production as of March 31, 2025. - **Conventional Segment**: Depreciation and depletion was $1,084,234 for the three months ended March 31, 2026, compared to $0 in 2025. - **Renewable Segment**: Depreciation and depletion was $94,218 for the three months ended March 31, 2026, compared to $73,106 in 2025. - **Accretion and Remeasurement of Asset Retirement Obligation**: Resulted in a - $613,688 impact for the three months ended March 31, 2026, a decrease from $33,505 in the prior-year period, due to a favorable income statement impact from a downward remeasurement based on revised technical assessments. - **Segment Operating Income (Loss)**: - **Conventional Segment**: Operating income was $5,151,201 for the three months ended March 31, 2026, compared to - $720,286 in 2025. - **Renewable Segment**: Operating loss was - $574,923 for the three months ended March 31, 2026, compared to - $1,281,404 in 2025. #### EBITDA and Adjusted EBITDA (Non-GAAP) - **Total EBITDA**: $4,875,533 for the three months ended March 31, 2026, compared to - $3,552,145 in 2025. - **Total Adjusted EBITDA**: $4,279,640 for the three months ended March 31, 2026, compared to - $3,552,145 in 2025. - **Segment EBITDA**: - **Conventional Segment**: EBITDA was $6,235,435 for the three months ended March 31, 2026, compared to - $720,286 in 2025. - **Renewable Segment**: EBITDA was - $480,705 for the three months ended March 31, 2026, compared to - $1,208,298 in 2025. #### Segment Assets - **Conventional Segment Assets**: Totaled $70,328,095 as of March 31, 2026, compared to $46,270,570 as of March 31, 2025. - **Renewable Segment Assets**: Totaled $13,837,672 as of March 31, 2026, compared to $15,805,979 as of March 31, 2025. #### Cash Flow - **Net Cash Provided by (Used in) Operating Activities**: $2,899,458 for the three months ended March 31, 2026, an increase of $4.8 million compared to - $1,859,544 in the same period of 2025. - **Net Cash Used in Investing Activities**: - $2,969,305 for the three months ended March 31, 2026, compared to - $1,219,315 in the same period of 2025, primarily reflecting continued development of the Longanesi wells. - **Net Cash Provided by (Used in) Financing Activities**: - $347,223 for the three months ended March 31, 2026, reflecting tax payments related to net share settlements of PSUs, compared to $276,253 in the same period of 2025 from warrant exercises. #### Unique Metrics - **Contingent Consideration Liability**: Total liability was $27.6 million as of March 31, 2026, and $28.2 million as of December 31, 2025, with short-term portions of $11.3 million and $11.6 million, respectively, and long-term portions of $16.3 million and $16.7 million, respectively. - **Value-Added Tax (VAT) Refund Receivable**: Amounted to $10.4 million as of March 31, 2026, compared to $9.6 million as of December 31, 2025. #### Future Outlook and Strategy AleAnna, Inc. anticipates sustained profitability and expects existing cash and projected cash flows to cover operating expenses and support growth for at least the next 12 months. The company plans to construct a permanent processing facility for the Longanesi field throughout 2026 and early 2027, with potential future production from its Gradizza and Trava fields. For its Renewable segment, AleAnna, Inc. intends to upgrade its biomethane to electricity conversion assets to refine biomethane into renewable natural gas for sale. ### Related Stocks - [ANNA.US](https://longbridge.com/en/quote/ANNA.US.md) ## Related News & Research - [AleAnna, Inc. 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