Mammoth Energy projects revenue to rise more than 90% in 2026 while targeting adjusted EBITDA margins exceeding 10%.
Mammoth Energy Services Inc. (TUSK) expects revenue growth to exceed 90% in 2026, with adjusted EBITDA margins surpassing 10%. The outlook follows a strong Q2 2026 performance, marking a second consecutive quarter of positive adjusted EBITDA.
The company reported adjusted EBITDA margins of 10% in Q2 2026, outperforming internal projections. Prior quarters had shown improving trends, but this is the first sustained positive EBITDA period in recent performance.
Management attributed the growth to operational efficiencies and stronger demand in core markets. No immediate market reaction was disclosed in the earnings call summary.