Jun 2026 (Q2 FY26) — Aug 6, 2026
Excelerate Energy Q2 FY26 — Strong Financials and Strategic Growth Initiatives
Read the full callExcelerate Energy (EE) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Excelerate Energy earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 329 | +61.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 24.6 | +3.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. |
Guidance
What management said, and what became of it
19 of 24 judged targets kept · 43 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Acadia Jordan operating commencement | Commence operations in Jordan by mid-2026 | Mar 2026 | Operations began in July | Achieved |
| Full-year adjusted EBITDA | $515 million to $545 million | Dec 2025 | For the full year, adjusted EBITDA is now expected to range between $490 million and $515 million. | Revised Up |
| Acadia Jordan annual EBITDA contribution | Roughly $20 million of adjusted EBITDA in 2026 | Mar 2026 | the deployment is expected to contribute approximately 20 million of EBITDA this year. | On Track |
5 of Excelerate Energy, Inc.'s 67 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 64 more targets are in the full ledger.
Claimed
- Adjusted EBITDA of $120 million, up 12% year-over-year.
- Acadia FSRU deployed to Jordan ahead of schedule, contributing $20 million EBITDA in 2026.
- FSRU Express recontracted for 7 years in Colombia, increasing annual EBITDA contribution by 35%.
- Quarterly cash dividend increased by 13% to $0.09 per share.
- Net leverage reduced to 1.9x, well below target range.
Qualified
- Iraq project operations commencement delayed to Q2 2027 due to Middle East conflict, though project costs pulled forward to 2026.
- FSRU Exquisite dry dock deferred to 2027, impacting maintenance capex guidance.
- FSRU conversion capex increased from previous estimates due to vessel selection, though returns are expected to be maintained.
Price
$32.64 −1.69% · −$0.56
Performance +19.5% 1Y
1Y: $27.32 on 17 Oct 2025 → $32.64. High $42.89 (25 Feb 2026), low $25.24 (27 Oct 2025).
- Previous close
- $33.2
- 52-week range
- $25.24 – $42.89
- One year
- +16.95%
Overview
- Symbol
- EE
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
19 of 24 judged targets kept · 43 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Acadia Jordan operating commencement | Commence operations in Jordan by mid-2026 | Mar 2026 | Operations began in July | Achieved |
| Full-year adjusted EBITDA | $515 million to $545 million | Dec 2025 | For the full year, adjusted EBITDA is now expected to range between $490 million and $515 million. | Revised Up |
| Acadia Jordan annual EBITDA contribution | Roughly $20 million of adjusted EBITDA in 2026 | Mar 2026 | the deployment is expected to contribute approximately 20 million of EBITDA this year. | On Track |
Claimed
- Adjusted EBITDA of $120 million, up 12% year-over-year.
- Acadia FSRU deployed to Jordan ahead of schedule, contributing $20 million EBITDA in 2026.
- FSRU Express recontracted for 7 years in Colombia, increasing annual EBITDA contribution by 35%.
- Quarterly cash dividend increased by 13% to $0.09 per share.
- Net leverage reduced to 1.9x, well below target range.
Qualified
- Iraq project operations commencement delayed to Q2 2027 due to Middle East conflict, though project costs pulled forward to 2026.
- FSRU Exquisite dry dock deferred to 2027, impacting maintenance capex guidance.
- FSRU conversion capex increased from previous estimates due to vessel selection, though returns are expected to be maintained.
The full ledger
Open Excelerate Energy, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 67 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 7, 2026
Excelerate Energy Q1 FY26 — Iraq Project Delay Offset by Jordan Charter and Strong Operational Performance
Read the full callDec 2025 (Q4 FY25) — Feb 26, 2026
Excelerate Energy Q4 FY25 — Record Adjusted EBITDA and Strong 2026 Outlook
Read the full callEvery analysed call
Excelerate Energy earnings calls (EE)
Financials
What the filings say
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 193 | 275 | 315 | 205 | 391 | 318 | 433 | 329 |
| Operating profit | 60 | 60 | 66 | 43 | 87 | 70 | 82 | 81 |
| Operating margin | 30.9% | 21.9% | 20.9% | 21.2% | 22.3% | 22.2% | 18.9% | 24.6% |
| Profit before tax | 52 | 52 | 58 | 26 | 63 | 47 | 59 | 56 |
| Tax rate | 11.9% | 10.9% | 10.4% | 21.2% | 12.6% | 17.6% | 15.9% | −10.6% |
| EPS ($ per share) | 0.36 | — | 0.48 | 0.15 | 0.44 | — | 0.38 | 0.38 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Reserves | — | 0 | 12 | 40 | 72 | 103 |
| Total liabilities | — | 1,497 | 1,170 | 1,051 | 995 | 1,902 |
| Fixed assets | — | 1,433 | 1,456 | 1,650 | 1,623 | 2,132 |
| Total assets | — | 2,501 | 2,867 | 2,860 | 2,883 | 4,131 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | 109 | 142 | 225 | 232 | 244 | 461 |
| Cash from investing | -41 | -36 | -119 | -309 | -113 | -1,182 |
| Cash from financing | -31 | -124 | 341 | 111 | -149 | 723 |
| Net cash flow | — | -19 | 447 | 34 | -18 | 2 |
| Capital expenditure | -41 | -36 | -119 | -313 | -113 | -163 |
| Free cash flow | 68 | 106 | 106 | -81 | 131 | 298 |
EE revenue by segment
| Segment | Q2 FY2024 | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| LNG Gas and Power | — | — | — | — | 27% | 63% | 63% | 51% | +202.9% |
| Terminal Services | — | — | — | — | 73% | 37% | 37% | 49% | +7.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
EE operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Capital expenditures Maintenance | $8MFor the first quarter, maintenance CapEx was $8 million and committed growth capital was $17 million.Source: earnings call transcript | $14MFor the second quarter, maintenance capex spend was $14 million and committed growth capital spend was $241 million, inclusive of the final payment for the Acadia, which was paid in April.Source: earnings call transcript | +75% |
| Capital expenditures Committed growth | $17MFor the first quarter, maintenance CapEx was $8 million and committed growth capital was $17 million.Source: earnings call transcript | $241MFor the second quarter, maintenance capex spend was $14 million and committed growth capital spend was $241 million, inclusive of the final payment for the Acadia, which was paid in April.Source: earnings call transcript | +1317.6% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- North America 35%
- Asia Pacific 25% ↓ 12 pt
- Latin America 16% ↓ 11 pt
- Middle East 14% ↓ 6 pt
- Europe 9% ↓ 6 pt
- Other -2% ↓ 2 pt
As EE cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
33 filings between Nov 1, 2025 and Mar 31, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$204.9K
1 sale by 1 insider
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 15
- Award — granted as compensation
- 17
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Simpson Oliver | — | $204.9K | Mar 20, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Mar 31, 2026 | Armstrong Dana A See Remarks | Tax withheld | 1,972 | $65.7K |
| Mar 31, 2026 | Bent Michael Anthony See Remarks | Tax withheld | 576 | $19.2K |
| Mar 31, 2026 | Broussard Amy Thompson See Remarks | Tax withheld | 699 | $23.3K |
| Mar 31, 2026 | Newman Hood Alisa See Remarks | Tax withheld | 1,256 | $41.8K |
| Mar 31, 2026 | Simpson Oliver See Remarks | Tax withheld | 546 | $18.2K |
| Mar 20, 2026 | Simpson Oliver See Remarks | Sale 10b5-1 plan | 6,000 | $204.9K |
| Mar 5, 2026 | Byers Deborah L Director | Award | 3,639 | $0 |
| Mar 5, 2026 | Biswal Nisha Director | Award | 3,639 | $0 |
| Mar 5, 2026 | HANRAHAN PAUL T Director | Award | 3,639 | $0 |
| Mar 5, 2026 | Kobos Steven M President and CEO | Award | 51,976 | $0 |
| Mar 5, 2026 | Armstrong Dana A See Remarks | Tax withheld | 5,408 | $208.1K |
| Mar 5, 2026 | Armstrong Dana A See Remarks | Award | 16,710 | $0 |
| Mar 5, 2026 | Bent Michael Anthony See Remarks | Tax withheld | 1,782 | $68.6K |
| Mar 5, 2026 | Bent Michael Anthony See Remarks | Award | 5,783 | $0 |
| Mar 5, 2026 | Broussard Amy Thompson See Remarks | Tax withheld | 1,791 | $68.9K |
| Mar 5, 2026 | Broussard Amy Thompson See Remarks | Award | 7,277 | $0 |
| Mar 5, 2026 | Liner David A. See Remarks | Tax withheld | 1,922 | $74.0K |
| Mar 5, 2026 | Liner David A. See Remarks | Award | 15,593 | $0 |
| Mar 5, 2026 | Newman Hood Alisa See Remarks | Tax withheld | 3,469 | $133.5K |
| Mar 5, 2026 | Newman Hood Alisa See Remarks | Award | 10,850 | $0 |
| Mar 5, 2026 | Simpson Oliver See Remarks | Tax withheld | 4,657 | $179.2K |
| Mar 5, 2026 | Simpson Oliver See Remarks | Award | 15,073 | $0 |
| Feb 18, 2026 | Broussard Amy Thompson See Remarks | Award | 7,410 | $0 |
| Feb 18, 2026 | Broussard Amy Thompson See Remarks | Tax withheld | 2,545 | $106.3K |
| Feb 18, 2026 | Armstrong Dana A See Remarks | Award | 17,198 | $0 |
| Feb 18, 2026 | Armstrong Dana A See Remarks | Tax withheld | 6,354 | $265.5K |
| Feb 18, 2026 | Simpson Oliver See Remarks | Award | 1,672 | $0 |
| Feb 18, 2026 | Simpson Oliver See Remarks | Tax withheld | 714 | $29.8K |
| Feb 18, 2026 | Bent Michael Anthony See Remarks | Award | 5,293 | $0 |
| Feb 18, 2026 | Bent Michael Anthony See Remarks | Tax withheld | 2,135 | $89.2K |
| Feb 18, 2026 | Newman Hood Alisa See Remarks | Award | 8,599 | $0 |
| Feb 18, 2026 | Newman Hood Alisa See Remarks | Tax withheld | 3,820 | $159.6K |
| Nov 1, 2025 | Simpson Oliver See Remarks | Tax withheld | 678 | $17.6K |
| Mar 31, 2025 | Armstrong Dana A See Remarks | Tax withheld | 1,219 | $34.1K |
| Mar 31, 2025 | Newman Hood Alisa See Remarks | Tax withheld | 854 | $23.9K |
| Mar 31, 2025 | Broussard Amy Thompson See Remarks | Tax withheld | 525 | $14.7K |
| Mar 31, 2025 | Bent Michael Anthony See Remarks | Tax withheld | 375 | $10.5K |
| Mar 31, 2025 | Simpson Oliver See Remarks | Tax withheld | 355 | $9.9K |
| Mar 5, 2025 | Kobos Steven M President and CEO | Award | 53,483 | $0 |
| Mar 5, 2025 | Newman Hood Alisa See Remarks | Tax withheld | 1,759 | $53.0K |
| Mar 5, 2025 | Newman Hood Alisa See Remarks | Award | 9,967 | $0 |
| Mar 5, 2025 | Simpson Oliver See Remarks | Tax withheld | 2,136 | $64.4K |
| Mar 5, 2025 | Simpson Oliver See Remarks | Award | 12,438 | $0 |
| Mar 5, 2025 | Armstrong Dana A See Remarks | Tax withheld | 2,246 | $67.7K |
| Mar 5, 2025 | Armstrong Dana A See Remarks | Award | 18,773 | $0 |
| Mar 5, 2025 | Bent Michael Anthony See Remarks | Tax withheld | 840 | $25.3K |
| Mar 5, 2025 | Bent Michael Anthony See Remarks | Award | 5,804 | $0 |
| Mar 5, 2025 | Broussard Amy Thompson See Remarks | Tax withheld | 1,035 | $31.2K |
| Mar 5, 2025 | Broussard Amy Thompson See Remarks | Award | 6,103 | $0 |
| Mar 5, 2025 | Byers Deborah L Director | Award | 4,146 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Excelerate Energy, Inc.
Free account. Everything above stays public.
Write why you follow Excelerate Energy, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading