---
title: "ELWT: Record growth in contracted units and recurring revenue, despite lower construction revenue"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296223014.md"
description: "Contracted units grew 33% year-over-year and 16% sequentially, reaching nearly 43,000, with recurring service revenue rising as activated and billed units surged. Revenue fell 46% year-over-year due to construction timing, but backlog and new contracts signal strong growth ahead.Original document: Elauwit Connection, Inc. [ELWT] SEC 8-K Current Report — Aug. 18 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-18T11:43:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296223014.md)
  - [en](https://longbridge.com/en/news/296223014.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296223014.md)
generator: "portal-rs"
---

# ELWT: Record growth in contracted units and recurring revenue, despite lower construction revenue

Contracted units grew 33% year-over-year and 16% sequentially, reaching nearly 43,000, with recurring service revenue rising as activated and billed units surged. Revenue fell 46% year-over-year due to construction timing, but backlog and new contracts signal strong growth ahead.

Original document: Elauwit Connection, Inc. \[ELWT\] SEC 8-K Current Report — Aug. 18 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**