Mammoth Energy Q2 revenue surges on rental services growth - TUSK News | RalliesMammoth Energy Q2 revenue surges on rental services growth
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TUSK• Outlook
- Mammoth expects 2026 revenue growth to exceed 90%
- Company sees 2026 Adjusted EBITDA margin exceeding 10%
Result drivers
- Aviation sales - Rental services revenue growth was mainly driven by increased aviation sales, including a $2 mln airframe and landing gear sale
- Drilling utilization - Drilling segment generated positive Adjusted EBITDA due to increased utilization and activity levels
Quarterly results
- US oilfield and infrastructure services firm's Q2 revenue grew 110% yr/yr to $26.1 mln
- Adjusted EBITDA for Q2 improved to $2.6 mln
- Company completed acquisitions expanding fiber infrastructure capabilities, raised full-yr outlook
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| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Loss Per Share | | $0.01 | |
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