AleAnna | 8-K: FY2026 Q1 Revenue: USD 9.344 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 9.344 M.
EBIT: As of FY2026 Q1, the actual value is USD 3.557 M.
AleAnna, Inc. issued a press release regarding its financial results for the quarter ended March 31, 2026 .
Revenue
- AleAnna, Inc. recognized $8.9 million of revenue from sales of its share of production from the Longanesi field during the first quarter of 2026 .
- Total Revenues for the three months ended March 31, 2026, were $9,343,517, compared to $644,600 for the same period in 2025 .
Net Income
- Net income for the first quarter of 2026 was $3,399,521, a significant improvement from a net loss of - $3,339,370 for the first quarter of 2025 .
- Net income attributable to Class A Common stockholders or holders of Common Member Units was $2,073,869 for Q1 2026, compared to a net loss of - $2,006,139 for Q1 2025 .
Adjusted EBITDA
- Adjusted EBITDA for the first quarter of 2026 was $4,279,640, compared to - $3,552,145 for the first quarter of 2025 .
EBITDA
- EBITDA for Q1 2026 was $4,875,533, compared to - $3,552,145 for Q1 2025 .
Operating Income (Loss)
- Operating income for the first quarter of 2026 was $3,697,081, a substantial increase from an operating loss of - $3,625,251 for the first quarter of 2025 .
Operating Expenses
- Total operating expenses were $5,646,436 for Q1 2026, up from $4,269,851 for Q1 2025 .
- Cost of revenues: $1,550,995 in Q1 2026 vs. $838,395 in Q1 2025 .
- Lease operating expense: $1,315,104 in Q1 2026 vs. $0 in Q1 2025 .
- General and administrative: $2,215,573 in Q1 2026 vs. $3,324,845 in Q1 2025 .
- Depreciation and depletion: $1,178,452 in Q1 2026 vs. $73,106 in Q1 2025 .
- Accretion and remeasurement of asset retirement obligation: - $613,688 in Q1 2026 vs. $33,505 in Q1 2025 .
Cash Position
- AleAnna, Inc. closed the first quarter of 2026 with a cash and cash equivalents balance of $31,124,907, compared to $31,826,830 as of December 31, 2025 .
- Operating cash flow and free cash flow were not explicitly provided in the reference .
Unique Operational Metrics
- Total Proved Reserves increased by 47% at year-end 2025 compared to year-end 2024, after adjusting for 2025 production volumes .
- Year-end Total Proved Reserves increased 37% at Longanesi and 75% at Gradizza .
- Proved Developed Producing reserves were recognized for the first time at Longanesi, and Total Proved Reserves were recognized at Trava for the first time .
Outlook / Guidance
Management believes AleAnna, Inc. is currently on track to exceed its expectations for the performance of the Longanesi field and plans to issue a statement soon regarding expected increases to its undeveloped Prospective Resource . The company aims to deliver sustainable value creation for shareholders through its solid balance sheet, positive cash flow, and growing asset base .
