Stabilis Solutions Q2 2026: Revenue Slips 31% YoY, but Second-Half Growth Tops 50% and 2027 Revenue Is Guided Above $100M
SLNG sits 67% above its 52-week low of $3.21.
Summary
Stabilis Solutions posted Q2 2026 revenue of $11.9M (down 31% YoY) and a net loss of $4.6M, but guided for over 50% revenue growth in H2 2026 and expects 2027 revenue to exceed $100M, driven by new data center LNG contracts.
Key Events · Earnings and Guidance · SLNG
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Q2 Revenue Down 31% YoY
Revenue came in at $11.9 million, a decline from $17.3 million in Q2 2025, reflecting the completion of large marine and power generation contracts.
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Net Loss Widens to $4.6M
The net loss deepened to $4.6 million ($0.25 per share) from a $0.6 million loss a year ago, weighed down by $2.9 million in vessel charter termination costs.
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Strong Forward Guidance
Management projects second-half 2026 revenues will increase over 50% compared to the first half, and 2027 revenues are expected to ramp to well over $100 million, driven by new data center LNG contracts.
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New Data Center Contract Secured
A six-month LNG supply agreement was executed for commissioning of an additional U.S. data center, with service anticipated to begin in Q3 2026.
Analysis · SLNG · Energy & Transportation
A challenging second quarter saw revenue contract 31% year-over-year to $11.9 million and a net loss of $4.6 million, as large marine and power contracts rolled off. Yet the outlook turned sharply positive: management expects second-half 2026 revenue to climb more than 50% above the first half, and 2027 revenue is projected to surge well past $100 million, fueled by new LNG supply agreements for data centers. The company also reported $18.9 million in total available liquidity and $5.0 million in customer advance payments, which together provide near-term financial stability. Coming on the heels of an auditor resignation and a modified loan agreement, this upbeat guidance serves as a pivotal signal of an operational rebound.
At the time of this filing, SLNG was trading at $5.35 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $96M. The 52-week trading range was $3.21 to $6.36. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.