Atlas Energy Solutions posted revenue of $293.2 million, up 10.4% from Q1, while net loss narrowed to $25.1 million.
Adjusted EBITDA (non-GAAP) rose to $49.5 million from $29.9 million in Q1, lifting the adjusted EBITDA margin to 17% from 11%.
Adjusted free cash flow (non-GAAP) climbed to $34.9 million from $5.3 million in Q1, even as operating cash flow swung to a $553,000 outflow.
Operations and shipment record
Operations set a quarterly shipment record for Last Mile of 6 million tons, with proppant product sales volumes of 6 million tons.
Private power contract progress
Completed a 26-MW bridge facility for a 120-MW behind-the-meter private power contract expected online at the end of Q1 2027; targets deployed by year-end.