Stabilis Solutions, Inc. (SLNG) Form 10-Q — Aug 11, 2026
Stabilis Solutions reported second quarter 2026 revenue of $11.9 million, down 31% from $17.3 million a year ago, with the net loss widening to $4.6 million ($0.25 per share) from $0.6 million ($0.03 per share) after two multi-year contracts representing roughly half of 2025 revenue concluded in late 2025. The forward outlook is supported by a multi-year take-or-pay contract, awarded in February 2026, to supply LNG for behind-the-meter data center power generation with estimated revenue of approximately $200 million from Q1 2027 through Q1 2029; Stabilis has received $20 million of $25 million in advance payments and signed a second data center fueling contract on July 9, 2026.
Key figures
- Revenue
- 11916000
- Total Debt
- 8200000
- Revenue Yoy
- -31.2% (Q2 2026 vs Q2 2025)
- Total Assets
- 99352000
- Cash Position
- 4535000
- Shares Outstanding
- 18596301
- Shelf Capacity
- 100000000
- Restricted Cash
- 14317000
- Deferred Revenue
- 20000000
- Six Month Revenue
- 22295000
- Six Month Revenue Yoy
- -35.7%
- Atm Public Float Limit
- 10200000
- Ameristate Interest Rate
- 9.25% at June 30, 2026 (prime + 2.5%)
- Galveston Capex Estimate
- $350 million to $400 million
- Data Center Advances Total
- 25000000
- Galveston Offtake Secured
- approximately 16%
- Garibaldi Deferred Rent Q3
- 1100000
- Open Purchase Orders Capex
- 7000000
- Ameristate Loan Outstanding
- 7600000
- Galveston Capitalized Costs
- 9400000
- Garibaldi Cancellation Loss
- 1300000
- Data Center Advances Received
- 20000000
- Operating Cash Flow Six Months
- 19486000
- Garibaldi Time Charter Expense Q2
- 2851000
- Galveston Capacity Gallons Per Day
- 350000
- Revolver Cash Collateral Requirement
- 5000000
- Data Center Contract Estimated Revenue
- 200000000
Price after filing
Close on the filing date to close N calendar days later (from $4.69). Historical, not a forecast.
AI analysis
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