ERock Reports Third Quarter 2026 Results

ERock, Inc. (EROC) reported that a 10% owner, Walter Thomas McAndrew, Jr., holds 6.37 million Class B shares directly and 16.63 million indirectly via McAndrew Holdings. Class B units are exchangeable for Class A shares, with voting rights but no economic value.

Erock shares rose 23% after reporting a 1,000% jump in order backlog. Bank of America said a $1.7 billion pipeline is driven by Anthropic’s agreement to buy 470 MW of power from Erock. BofA raised its price target to $19 from $16 and reiterated buy, citing additional data-center contract potential.

Erock Inc. (NYSE:EROC) shares rose about 23% to $13.82 after the company said its long-term deal with Anthropic boosted backlog toward $2 billion. Erock reported a 470 MW Anthropic equipment order, $1.7 billion contracted backlog, and production commitments into 2028. The article also cites Q2 net loss of $67.7 million and revenue of $39.88 million.

ERock, Inc. (NYSE: ERK) shares rose about 24% after its Q2 2026 results. The company reported revenue of $39.9 million, up 26% sequentially, and a record contracted backlog of about $1.7 billion, roughly 10x year over year. ERock cited AI data center demand and said it has a sold-out production schedule, while adjusted EBITDA was negative $14 million.

ERock, Inc. (EROC) filed an SEC Form 8-K — Results of Operations and Financial Condition. ERock Reports Second Quarter 2026 Results Record Backlog Reaches Approximately $1.7 billion, Up 10x Year-Over-Year 470 MW Anthropic Order Extends Production Commitments Into 2028 HOUSTON - August 11, 2026 - ERock, Inc. (NYSE: EROC) ("ERock" or the "Company"), a leading provider o

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