ERock, Inc. reported financial results for the second quarter ended June 30, 2026, highlighting a record Contracted Power System Sales Backlog of approximately $1.7 billion, up tenfold year-over-year. The company executed a 470 MW equipment purchase order with Anthropic, extending production commitments into 2028, and commenced construction on a 366 MW facility for Meta via El Paso Electric. ERock initiated full-year 2026 guidance projecting revenue between $435 million and $465 million and Adjusted EBITDA between $3 million and $9 million. The company ended the quarter with $626.6 million in unrestricted cash, no debt, and an undrawn $250 million credit facility following its June IPO which raised approximately $400 million. ERock operates in the utility-grade onsite power solutions industry.

ERock, Inc. completed its initial public offering of 27,906,977 shares of Class A Common Stock at $21.50 per share, raising approximately $369.3 million in net proceeds. The company used the proceeds to purchase Class A and Class B units from ER Holdings, repay $33 million in debt and fees, and fund a cash payment to Energy Impact Fund (FT-B) LP. Additionally, the company appointed several new directors to its Board of Directors and adopted the 2026 Equity Incentive Plan and an Executive Severance Plan. ERock, Inc. is an energy-focused investment holding company.