Stabilis Solutions Reports Q3 2026 Profitability and Growth in Data Center and Aerospace Segments
Stabilis Solutions (SLNG) reported third-quarter 2026 revenue of $14.8 million, marking a 25% sequential increase from the previous quarter despite a 27% year-over-year decline caused by the completion of major prior contracts. The company returned to net profitability with $0.2 million in net income, up from a significant loss in Q2 2026, aided by higher revenues and the termination of vessel charter costs. The company is pivoting toward high-growth sectors, specifically data centers and aerospace. Data center revenue rose to 17% of the total mix this quarter, supported by a massive $200 million multiyear contract scheduled for Q1 2027. Additionally, aerospace revenue grew 49% year-over-year. While the Galveston LNG project remains a long-term goal, management noted that final investment decisions depend on securing further financing and offtake agreements.
Tickers: $SPCX
Topics: Aerospace growth Data center contracts Net income improvement Revenue decline
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