Recent Updates — GOW

GOWell Energy Technology reported unaudited first-half 2026 financial results for its principal operating subsidiary, GOWell Technology Limited. Total revenue increased 43% year-over-year to $33.8 million from $23.6 million in the prior period, driven by a $9.0 million rise in equipment sales and $1.2 million in service revenue. Operating profit surged 135% to $9.1 million, while net profit grew 38% to $3.7 million. Adjusted EBITDA rose 79% to $14.1 million. The company reaffirmed its full-year 2026 revenue guidance of $60 million to $68 million and adjusted EBITDA guidance of $25 million to $29 million. GOWell Energy Technology provides innovative well-logging technologies and distributed sensing solutions for the global energy sector.