KOIL Energy Q2 FY26 net income rises to $652,000; revenue climbs 78% to $9.2 million
KLNG•Q2 results
- Koil Energy posted Q2 2026 revenue of $9.2 million, up 78% year over year and 13% sequentially.
- Net income climbed to $652,000, lifting basic EPS to $0.05.
- Adjusted EBITDA rose to $1.12 million, equal to 12% of revenue.
Operational update
- Service revenue more than doubled year over year, helped by investments in rental equipment and service execution.
- The company secured a major subsea umbilical handling project, added a new 3,500-metric-ton mobile offshore carousel, and arranged a $5 million lending facility.
