Erock

Q2 FY2026 EarningsQ2 FY26 results beat consensus across the top line with revenue of $39.9M vs. $20.5M expected, while the GAAP EPS loss of $0.06 was significantly narrower than the $0.27 loss anticipated. Outperformance was primarily driven by the Ongoing Services segment, which grew 20.8% YoY to $13.4M. Despite a 41.7% YoY total revenue decline due to the timing of power system deliveries, a record backlog of $1.7B (+750% YoY) and the upcoming Hyperion facility launch provide strong visibility into FY27 growth.