Atlas Energy Solutions Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 4, 2025
AESI$5.36-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Product revenue | $106,839 | $145,347 | $372,812 | $386,989 |
| Service revenue | 135,643 | 159,087 | 432,607 | 397,630 |
| Rental revenue | 17,131 | — | 40,461 | — |
| Total revenue | 259,613 | 304,434 | 845,880 | 784,619 |
| Cost of sales (excluding depreciation, depletion and accretion expense) | 195,230 | 225,347 | 597,197 | 534,229 |
| Depreciation, depletion and accretion expense | 40,619 | 26,069 | 118,252 | 68,271 |
| Gross profit | 23,764 | 53,018 | 130,431 | 182,119 |
| Selling, general and administrative expense (including stock-based compensation expense of $9,344, $6,289, $24,152, and $15,961, respectively) | 36,322 | 25,463 | 105,105 | 80,712 |
| Credit loss expense | 97 | — | 4,207 | 25 |
| Amortization expense of acquired intangible assets | 5,883 | 3,744 | 17,133 | 8,573 |
| Loss on disposal of assets | — | 8,574 | — | 19,672 |
| Insurance recovery (gain) | — | — | — | (10,000) |
| Operating income (loss) | (18,538) | 15,237 | 3,986 | 83,137 |
| Interest (expense), net | (15,010) | (11,193) | (41,886) | (26,629) |
| Other income (expense), net | (3) | 289 | 626 | 450 |
| Income (loss) before income taxes | (33,551) | 4,333 | (37,274) | 56,958 |
| Income tax expense (benefit) | (9,830) | 415 | (9,214) | 11,416 |
| Net income (loss) | $(23,721) | $3,918 | $(28,060) | $45,542 |
| Net income (loss) per common share | ||||
| Basic | $(0.19) | $0.04 | $(0.23) | $0.42 |
| Diluted | $(0.19) | $0.04 | $(0.23) | $0.42 |
| Weighted average common shares outstanding | ||||
| Basic | 123,737 | 109,883 | 121,899 | 107,570 |
| Diluted | 123,737 | 111,078 | 121,899 | 108,562 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.