Mammoth Energy Services, Inc. (TUSK) Earnings Call Transcripts
Mammoth Energy Services, Inc.'s Latest Earnings Call - Q1 FY2026
Mammoth Energy Services reported a significant turnaround in Q1 2026, with revenue reaching $22 million, a 90% increase year-over-year and 133% sequentially. The company achieved its first positive adjusted EBITDA of $1.9 million in eight quarters, signaling a pivotal shift in performance. Management raised 2026 guidance, expecting full-year revenue growth of over 60% and adjusted EBITDA positivity, a year ahead of previous expectations. This performance was driven by strong results in the Rental segment, particularly in aviation, and disciplined cost management.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $22 million (beat) |
| Adjusted EBITDA | $1.9 million (beat) |
| Net Income | $4.7 million (beat) |
| SG&A Expenses | $3.6 million (beat) |
| Rental Segment Revenue | $13 million (beat) |
| Accommodations Segment Revenue | $3.5 million (beat) |
Guidance from management
Management raised guidance for 2026, now expecting full-year revenue growth of over 60% and adjusted EBITDA positivity, a year ahead of previous expectations.
What management said
Thank you again for joining us today. The first quarter of 2026 was the quarter where the strategy began to show up clearly in the numbers. positive EBITDA, strong revenue growth, disciplined capital allocation and continued progress cutting costs. We look forward to updating you next quarter.
What analysts pressed on
Analysts did not express concerns during the Q&A session as there were no questions. However, potential areas of concern could include margin improvement in the Sand segment and scaling infrastructure.
Main topics on the call
- Revenue Growth — Revenue for Q1 2026 was $22 million, up 90% year-over-year and 133% sequentially. This growth was primarily driven by the Rental segment, with significant contributions from aviation assets. "Revenue was $22 million, up ...
- Positive EBITDA — Mammoth reported its first positive adjusted EBITDA of $1.9 million in eight quarters, marking a significant turnaround from previous losses. "Adjusted EBITDA was positive $1.9 million, our first positive EBITDA quarter ...
- Cost Management — SG&A expenses decreased significantly, with a 37% sequential reduction, contributing to improved profitability. "SG&A of $3.6 million, a 37% decrease sequentially."
- Segment Performance — The Rental segment saw a 294% sequential increase in revenue, driven by aviation assets. Drilling and Sand segments also showed improvement, though margins in Sand remain below expectations. "Rental segment revenue was $...
Read the full Mammoth Energy Services, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Mammoth Energy Services, Inc.
Mammoth Energy Services, Inc. (TUSK) is a publicly listed company in the Energy Equipment and Services industry, within the Energy sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 27 calls on record spanning February 27, 2020 to August 7, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 27 Mammoth Energy Services, Inc. earnings call transcripts on record, spanning February 27, 2020 to August 7, 2026. Based on this history, Mammoth Energy Services, Inc. reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- TUSK
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Energy
- Industry
- Energy Equipment and Services
- Calls on record
- 27
- First call
- February 27, 2020
- Most recent
- August 7, 2026
- Reporting cadence
- quarterly