)
Evolution PowerX (E) investor relations material
Evolution PowerX Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record second quarter revenue, marking four consecutive quarters of growth in both revenue and adjusted EBITDA.
Activity levels in 2026 outpaced the prior year, driven by strong Alberta market growth and deployment of Canada’s first drilling operation powered by synchronized natural gas/fuel gas turbine generators.
Expanded natural gas turbine fleet with the addition of a 3.2-megawatt unit to meet increasing customer demand and project scale.
Financial highlights
Three-month revenue rose 36% year-over-year to $8.8 million; adjusted EBITDA up 164% to $2.1 million.
Six-month revenue increased 24% year-over-year to $20.8 million; adjusted EBITDA up 45% to $7.5 million.
Gross margin for the quarter was $3.0 million, up from $1.6 million year-over-year; six-month gross margin reached $9.1 million, up from $6.8 million.
Outlook and guidance
The new 3.2-megawatt SPG4 turbine generator is expected to be commercially available for customer projects in Q4 2026.
Management anticipates continued expansion of the natural gas turbine fleet to address broader power market opportunities.
- Strong growth, exclusive technology, and high cash flow drive expansion in natural gas power.E
Investor presentation - Q1 2026 delivered double-digit revenue and EBITDA growth, with strategic investments fueling expansion.E
Q1 2026 - Q4 revenue and EBITDA surged, but full-year margins and net income declined amid strategic expansion.E
Q4 2025 - Q3 2025 revenue rose 35% year-over-year, with net income turning positive amid strong demand.E
Q3 2025 - Revenue declined 16% year-over-year, but strategic acquisitions and financing support future growth.E
Q1 2025 - Revenue and margins declined in Q2 2025, but strategic moves set up growth for the second half.E
Q2 2025 - Flex Canada acquisition accelerates growth and diversification into power solutions.E
Status Update - Rapid growth and high margins driven by exclusive low-emission electrification solutions.E
Investor Presentation - Exclusive low-emission power solutions drive strong growth and profitability.E
Investor Update
Next Evolution PowerX earnings date
Next Evolution PowerX earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage