Earnings ·
HMH Holding Inc. reported second quarter 2026 financial results on August 5, 2026
HMHHMH Holding Inc
HMH Holding Inc. reported second quarter 2026 financial results on August 5, 2026. Revenue was $170.8 million, down 16% year-over-year and flat sequentially. Net income attributable to HMH was $5.0 million, compared to $8.9 million in the prior year quarter; this figure included a one-time pre-IPO stock-based compensation expense of approximately $22.0 million. Orders totaled $205 million, up 19% year-over-year and down 6% sequentially, resulting in a book-to-bill ratio of 1.2x. Adjusted EBITDA was $33.9 million, an increase of 3% year-over-year and 13% sequentially, with an adjusted EBITDA margin of 19.8%. The company generated $17.9 million in operating cash flow and ended the quarter with $119.7 million in cash and approximately $195 million in total liquidity. HMH Holding Inc. operates in the oil and gas industry, providing engineered drilling equipment, services, and systems for offshore and onshore operations.