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Recent Updates — TUSK

August 7, 2026View Source ↗

Mammoth Energy Services reported second quarter 2026 results with revenue increasing 110% year-over-year to $26.1 million and Adjusted EBITDA rising 37% sequentially to $2.6 million. The company incurred a net loss from continuing operations of $1.2 million, or $0.02 per diluted share, compared to a net income of $4.7 million in the first quarter of 2026. Management raised its full-year 2026 outlook for the second time this year, expecting revenue growth to exceed 90% and Adjusted EBITDA margins to surpass 10%. The firm completed acquisitions of Mission Construction and BERE Rentals to expand fiber infrastructure capabilities while deploying capital into aviation assets. Mammoth Energy Services operates in the oil and natural gas, aviation, and utility infrastructure industries.