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Elevate Service Group Reports Record Q2-2026 Revenue of $20.5 Million as Operating Platform Continues to Scale

$SERVPress releaseAug 31, 2026, 6:10 PM ETRead the release

Elevate Service Group reported Q2-2026 revenue of $20.5 million, a 170% increase from the prior quarter, driven by the integration of three strategic acquisitions completed during the period. Pro forma revenue for the quarter reached $24.6 million, with gross profit of $6.9 million representing a 33.8% margin, while Adjusted EBITDA came in at $1.9 million.

Key figures

Revenue
$20.5 million
Gross margin
33.8%
Gross profit
$6.9 million
Operating loss
$0.9 million
Adjusted ebitda
$1.9 million
Pro forma revenue
$24.6 million
Adjusted ebitda margin
9.3%
Equity offering proceeds
$10.0 million
Credit facility announced
$25.0 million

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