Solaris Energy posts record Q3 revenue, signs 900 MW contract and lifts guidance
Solaris Energy Infrastructure reported third‑quarter 2026 revenue of $341 million and net income of $39 million, both up about 55‑56% sequentially. The company signed a 15‑year power agreement for roughly 900 MW on October 29, 2026, bringing total long‑term contracted capacity to 3.2 GW. It also raised its adjusted EBITDA guidance for Q4 2026 to $165‑185 million and for Q1 2027 to $220‑260 million, and announced a $0.12 per‑share dividend.
Why it matters
The higher guidance signals stronger near‑term earnings momentum, which could support the stock price and attract investors seeking growth. The new long‑term contract expands secured revenue streams and improves visibility for future cash flows.
Key facts
- 1Revenue of approximately $341 million, up 55% sequentially from Q2 2026. sec.gov
- 2Net income of $39 million, up 56% sequentially from Q2 2026. sec.gov
- 3Adjusted EBITDA of approximately $136 million, up 26% sequentially from Q2 2026. sec.gov
- 4Signed a 15‑year power contract for approximately 900 MW on October 29, 2026. sec.gov
- 5Total capacity under long‑term contracts now 3.2 GW. sec.gov
- 6Completed a $1.5 billion senior unsecured notes offering and secured $1.25 billion of bank commitments. sec.gov
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.