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Atlas Energy Solutions Inc. (AESI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS EQUIPMENT & SERVICES · DATA UPDATED 2026-09-13

Atlas Energy Solutions Inc. (AESI) operates in the OIL & GAS EQUIPMENT & SERVICES industry and is headquartered in Austin, United States with about 1,511 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, AESI reported $1.1B in revenue and ($50M) in net income.

Atlas Energy Solutions Inc. produces proppants and provides logistics and distributed power solutions in the Permian Basin of West Texas and New Mexico. It operates through two segments: Sand and Logistics, and Power.

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AESI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Total Revenue$1.1B$1.1B$1.1B$614M$483M$172M$112M
Gross Profit$44M$151M$232M$314M$256M$64M$18M
Gross Margin %4.2%13.8%22.0%51.1%53.1%37.2%15.9%
Operating Income (EBIT)($93M)($16M)$114M$265M$232M$47M($1M)
Operating Margin %-8.8%-1.5%10.8%43.2%48.1%27.3%-1.1%
Net Income($118M)($50M)$60M$160M$217M$4M($34M)
Net Margin %-11.1%-4.6%5.7%26.1%45.0%2.5%-30.8%
EBITDA$111M$179M$229M$307M$263M$72M$20M
Earnings Per Share (EPS)$-0.95$-0.41$0.55$1.60$3.80$0.04$-0.08
Shares Outstanding (M)125M122M109M100M57M100M444M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AESI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$293M$266M$249M$260M$289M$298M$271M$304M
Gross Profit$17M($2M)$12M$16M$52M$55M$50M$53M
Gross Margin %5.9%-0.6%4.9%6.3%18.1%18.3%18.4%17.4%
Operating Income (EBIT)($20M)($36M)($20M)($18M)$7M$15M$31M$15M
Operating Margin %-6.8%-13.4%-8.0%-6.9%2.5%5.1%11.3%5.0%
Net Income($25M)($47M)($22M)($24M)($6M)$1M$14M$4M
Net Margin %-8.6%-17.8%-8.9%-9.1%-1.9%0.4%5.3%1.3%
EBITDA$25M$21M$35M$29M$56M$59M$66M$46M
Earnings Per Share (EPS)$-0.20$-0.38$-0.18$-0.19$-0.04$0.01$0.13$0.04
Shares Outstanding (M)125M125M124M124M124M120M111M111M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AESI Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash from Operations (CFO)$55M$117M$256M$299M$206M$21M$12M
Capital Expenditures (CapEx)$239M$148M$374M$365M$90M$19M$10M
Free Cash Flow (FCF)($184M)($31M)($118M)($66M)$116M$2M$3M
FCF Margin %-17.2%-2.8%-11.1%-10.8%24.1%1.1%2.6%
Dividends Paid$31M$92M$97M$77M$45M$10M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AESI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($1M)$19M$4M$32M$89M($7M)$71M$85M
Capital Expenditures (CapEx)$154M$29M$22M$34M$40M$52M$76M$86M
Free Cash Flow (FCF)($154M)($10M)($18M)($1M)$48M($60M)($6M)($1M)
FCF Margin %-52.7%-3.9%-7.3%-0.5%16.8%-20.1%-2.1%-0.4%
Dividends Paid$0M$0M$0M$31M$31M$30M$26M$25M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AESI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Total Assets$2.6B$2.2B$2.0B$1.3B$751M$544M$522M
Cash & Cash Equivalents$168M$41M$72M$210M$82M$40M$36M
Total Liabilities$1.4B$1.0B$936M$394M$240M$205M$190M
Total Debt (Short + Long-Term)$967M$579M$520M$174M$151M$175M$174M
Total Shareholders' Equity$1.1B$1.2B$1.0B$868M$511M$339M$332M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive AESI viewer.

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