Stabilis Solutions (SLNG) Financials

SLNG NASDAQ

Trailing 12 months to June 30, 2026

Revenue $55.9M -19.7% YoY

Net Income -$7.9M -980.7% YoY

Free Cash Flow $8.0M +254.7% YoY

Operating Cash Flow $22.5M +119.6% YoY

Market Cap $81.5M as of Oct 28, 2026

Price / Sales 1.5x on $55.9M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.4x on $58.4M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLNG SEC filings page.

Stabilis Solutions, Inc. (SLNG) reported $55.9M in revenue over the twelve months to Jun 30, 2026, down 19.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SLNG FY2025 2026-10-24

Stabilis remains lightly leveraged, but FY2025’s weaker sales and capital spending left almost no free cash flow.

The FY2025 squeeze was not mainly a financing problem: total liabilities fell 11.5%, while debt-to-equity was 0.1x. Instead, gross margin fell 2.6 percentage points as revenue weakened and SG&A increased, so the prior year's profit did not hold.

Cash conversion is positive but capital-hungry: operating cash flow was $8.603M, while capital expenditures consumed 94.6% of it. That left free cash flow of $462K, down from $4.547M in FY2024, showing that reinvestment absorbed nearly all internally generated cash.

The balance sheet is less debt-dependent: total liabilities fell to $16.438M and long-term debt to $5.755M in FY2025. Liabilities were 19.8% of assets, down from 21.7% in FY2024. Current assets also fell 26.1%, so deleveraging came with a smaller short-term asset base.

Financial Health Signals

Financial Health Score 39/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Stabilis Solutions, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Stabilis Solutions, Inc.'s revenue declined 6.9% year-over-year, from $73.3M to $68.2M. This contraction results in a growth score of 35/100.

Leverage

Stabilis Solutions, Inc. carries a low D/E ratio of 0.09, meaning only $0.09 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Stabilis Solutions, Inc.'s current ratio of 1.30 indicates adequate short-term liquidity, earning a score of 49/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Stabilis Solutions, Inc. generated $8.6M in operating cash flow, capex of $8.1M consumed most of it, leaving $462K in free cash flow. This results in a low score of 30/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Stabilis Solutions, Inc. posts a -2.0% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 15/100. This is down from 6.9% the prior year.

Piotroski F-Score Neutral

4/9

Stabilis Solutions, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Stabilis Solutions, Inc. reported a net loss of $1.4M while generating $8.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.9M

YoY-31.2%

QoQ+14.8%

5Y CAGR-5.8%

10Y CAGR+0.4%

Stabilis Solutions, Inc. generated $11.9M in revenue in Q2 2026. This represents a decrease of 31.2% from the same quarter a year earlier. Against the prior quarter it is up 14.8%.

Net Income

-$4.6M

YoYn/m

QoQn/m

5Y CAGRn/m

Stabilis Solutions, Inc. reported a net loss of $4.6M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$4.8M

YoY+23.1%

QoQ-33.2%

5Y CAGRn/m

Stabilis Solutions, Inc. generated $4.8M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 23.1% from the same quarter a year earlier. Against the prior quarter it is down 33.2%.

Cash & Debt

$4.5M

YoY-62.9%

QoQ+47.1%

5Y CAGR+6.5%

10Y CAGR+1.4%

Stabilis Solutions, Inc. held $4.5M in cash as of Q2 2026; no long-term debt figure is on record for that period.

Shares Outstanding

19M

YoY0.0%

QoQ0.0%

Stabilis Solutions, Inc. had 19M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

19.7%

YoY-6.8pp

QoQ+16.2pp

Stabilis Solutions, Inc.'s gross margin was 19.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 6.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 16.2 percentage points.

Net Margin

-38.9%

YoY-35.4pp

QoQ+0.4pp

5Y change-32.7pp

10Y change-40.2pp

Stabilis Solutions, Inc.'s net profit margin was -38.9% in Q2 2026, showing the share of revenue converted to profit. This is down 35.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Return on Equity

-7.9%

YoY-7.0pp

QoQ-1.5pp

5Y change-6.4pp

10Y change-8.9pp

Stabilis Solutions, Inc.'s quarterly ROE was -7.9% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.5 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$2.3M

YoY+261.1%

QoQ-56.5%

5Y CAGR-16.4%

Stabilis Solutions, Inc. invested $2.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 261.1% from the same quarter a year earlier. Against the prior quarter it is down 56.5%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

SLNG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLNG quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$55.9M	$68.2M-6.9%	$73.3M+0.2%	$73.1M-26.0%	$98.8M+42.9%	$69.2M+66.5%	$41.5M-11.7%	$47.1M+26.1%	$37.3M+82.6%	$20.4M-45.9%	$37.8M-23.0%	$49.1M-14.3%	$57.3M-3.4%	$59.2M+9.6%	$54.1M+4.1%	$51.9M
Cost of Revenue	$44.3M	$50.2M-3.5%	$52.1M-5.2%	$54.9M-29.3%	$77.7M+40.7%	$55.2M	N/A	N/A	$5.7M+24.3%	$4.6M-87.6%	$36.8M-13.4%	$42.5M-18.7%	$52.3M+8.7%	$48.1M+4.6%	$45.9M+2.6%	$44.8M
Gross Profit	$11.6M	$18.0M-15.1%	$21.2M+16.6%	$18.2M-13.9%	$21.1M+51.4%	$14.0M	N/A	N/A	$1.9M+66.4%	$1.1M+13.2%	$1.0M-84.6%	$6.6M+31.9%	$5.0M-55.3%	$11.2M+37.5%	$8.1M+13.5%	$7.2M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$280K-70.9%	$962K+25.1%	$769K-4.7%	$807K+61.7%	$499K+384.5%	$103K-82.1%	$577K
SG&A Expenses	$10.4M	$13.2M+12.1%	$11.8M-8.8%	$12.9M-2.3%	$13.2M-4.4%	$13.8M+28.1%	$10.8M-5.2%	$11.4M+54.5%	$7.3M+58.0%	$4.7M-37.3%	$7.4M-9.1%	$8.2M+1.0%	$8.1M+7.7%	$7.5M-1.2%	$7.6M-8.3%	$8.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$4.5Mn/m	-$7.4Mn/m	-$2.3Mn/m	-$3.9M-223.2%	$3.2M+654.7%	$419Kn/m	-$1.7M
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$2.5Mn/m	-$6.5Mn/m	-$1.4Mn/m	-$3.2M-187.7%	$3.7M+182.4%	$1.3Mn/m	-$938K
Interest Expense	$394K	$294K-2.0%	$300K-41.1%	$509K-33.9%	$770K-14.5%	$901K+115.6%	$418K-22.2%	$537K-87.9%	$4.4M+31.2%	$3.4M	N/A	N/A	N/A	$28K-74.8%	$111K-39.3%	$183K
Income Tax	$100K	$54K-88.9%	$485K+98.8%	$244K-7.9%	$265K-45.6%	$487K+90.2%	$256K+120.7%	$116Kn/m	$0n/m	$0-100.0%	$44K-89.7%	$428Kn/m	-$334K-146.8%	$713K+0.8%	$707K-87.0%	$5.4M
Net Income	-$7.9M	-$1.4M-129.4%	$4.6M+3579.2%	$125Kn/m	-$3.2Mn/m	-$7.8Mn/m	-$6.8Mn/m	-$5.7Mn/m	-$11.0M-186.4%	$12.8Mn/m	-$7.1Mn/m	-$2.6Mn/m	-$4.7M-203.9%	$4.6M+118.4%	$2.1Mn/m	-$5.9M
EPS (Basic)	N/A	-$0.07-128.0%	$0.25+2400.0%	$0.01n/m	-$0.17n/m	-$0.45n/m	-$0.40n/m	-$0.39	-$2.42n/m	-$0.30n/m	-$0.89n/m	-$0.36n/m	-$0.62-217.0%	$0.53+103.8%	$0.26n/m	-$0.75
EPS (Diluted)	—	N/A	$0.25+2400.0%	$0.01n/m	-$0.17n/m	-$0.45n/m	-$0.40n/m	-$0.39	-$2.42n/m	-$0.30n/m	-$0.89n/m	-$0.36n/m	-$0.62-229.2%	$0.48+92.0%	$0.25n/m	-$0.75
Diluted Shares (Avg)	N/A	19M0.0%	19M+0.5%	19M+1.2%	18M+4.5%	18M+3.7%	17M	N/A	N/A	9M+2.6%	8M+0.8%	8M+0.7%	8M-13.6%	9M+14.7%	8M+5.7%	8M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$11.9M-31.2%	$10.4M-40.1%	$13.3M-23.3%	$20.3M+15.3%	$17.3M-6.9%	$17.3M-12.3%	$17.3M-4.2%	$17.6M+15.1%
Cost of Revenue	$9.6M-24.8%	$10.0M-21.7%	$10.0M-19.2%	$14.7M+16.5%	$12.7M-6.1%	$12.8M-5.4%	$12.4M+3.0%	$12.6M+4.8%
Gross Profit	$2.3M-48.8%	$367K-91.9%	$3.3M-33.5%	$5.6M+12.3%	$4.6M-9.2%	$4.5M-27.3%	$4.9M-18.4%	$5.0M+53.0%
SG&A Expenses	$2.5M-20.1%	$2.8M-43.3%	$2.3M+20.7%	$2.8M-8.3%	$3.1M-6.0%	$4.9M+42.7%	$1.9M-44.0%	$3.0M+1.1%
Interest Expense	$100Kn/m	$100K0.0%	$94Kn/m	$100K0.0%	$0-100.0%	$100K0.0%	$0	$100K0.0%
Income Tax	$149K-24.4%	$6Kn/m	-$56K-155.4%	$1Kn/m	$197K-53.6%	-$88K-207.3%	$101K+405.0%	-$123K-315.8%
Net Income	-$4.6Mn/m	-$4.1Mn/m	-$262K-112.4%	$1.1M+12.2%	-$613K-2370.4%	-$1.6M-208.8%	$2.1M+48.1%	$997Kn/m
EPS (Basic)	-$0.25n/m	-$0.22n/m	-$0.01-108.3%	$0.06+20.0%	-$0.03n/m	-$0.09-212.5%	$0.12+50.0%	$0.05n/m
EPS (Diluted)	N/A	N/A	N/A	$0.06+20.0%	-$0.03n/m	-$0.09-212.5%	$0.12+50.0%	$0.05n/m
Diluted Shares (Avg)	N/A	N/A	N/A	19M0.0%	19M0.0%	19M+0.1%	N/A	19M+0.4%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

SLNG Balance Sheet

SLNG quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$83.1M-2.9%	$85.6M+5.3%	$81.3M-15.8%	$96.6M+10.6%	$87.3M+8.7%	$80.3M-11.1%	$90.3M+20.9%	$74.7M-7.5%	$80.8M+128.3%	$35.4M-8.3%	$38.6M-10.8%	$43.3M-5.6%	$45.8M+17.6%	$39.0M+7.6%	$36.2M
Current Assets	$12.9M-26.1%	$17.5M+16.7%	$15.0M-53.5%	$32.2M+107.4%	$15.5M+43.7%	$10.8M-21.2%	$13.7M+74.7%	$7.8M+23.8%	$6.3M-60.9%	$16.2M-16.1%	$19.3M-12.0%	$21.9M-17.5%	$26.6M+19.0%	$22.3M0.0%	$22.3M
Cash & Equivalents	$7.5M-17.0%	$9.0M+67.2%	$5.4M-53.1%	$11.5M+1158.4%	$910K-49.8%	$1.8M-54.4%	$4.0M+219.1%	$1.2M-16.3%	$1.5M+128.7%	$651K-91.9%	$8.0M+125.0%	$3.5M-14.4%	$4.1M-7.3%	$4.5M+19.4%	$3.7M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$507K0.0%	$507Kn/m	$0n/m	$0n/m	$0n/m	$0
Inventory	$342K-0.9%	$345K+104.1%	$169K-17.6%	$205K-20.5%	$258K+14.2%	$226K+8.1%	$209K+97.2%	$106K+39.5%	$76K-93.6%	$1.2M-10.9%	$1.3M-52.1%	$2.8M-13.0%	$3.2M-43.3%	$5.6M+13.6%	$4.9M
Accounts Receivable	$3.1M-49.8%	$6.2M-19.5%	$7.8M-52.5%	$16.3M+73.7%	$9.4M+58.7%	$5.9M-0.4%	$5.9M+36.4%	$4.4M+14.7%	$3.8M-43.4%	$6.7M-2.0%	$6.9M-42.3%	$11.9M+13.5%	$10.5M+7.5%	$9.7M-13.8%	$11.3M
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M-3.1%	$4.5M0.0%	$4.5Mn/m	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$16.4M-11.5%	$18.6M-4.7%	$19.5M-46.9%	$36.7M+39.7%	$26.3M+43.7%	$18.3M-18.7%	$22.5M+2.0%	$22.0M-66.5%	$65.8M+230.9%	$19.9M+24.9%	$15.9M-10.0%	$17.7M+13.7%	$15.6M+12.9%	$13.8M-26.3%	$18.7M
Current Liabilities	$10.0M-14.4%	$11.6M-0.8%	$11.7M-57.4%	$27.5M+76.2%	$15.6M+9.8%	$14.2M-5.8%	$15.1M+24.9%	$12.1M+14.4%	$10.6M-18.0%	$12.9M+54.4%	$8.4M-21.1%	$10.6M-6.4%	$11.3M+11.9%	$10.1M-9.0%	$11.1M
Non-Current Liabilities	$6.5M-6.7%	$6.9M-10.5%	$7.8M-15.4%	$9.2M-13.8%	$10.7M+162.7%	$4.1M-45.0%	$7.4M-25.8%	$9.9M-82.0%	$55.2M+690.7%	$7.0M-7.7%	$7.6M+6.4%	$7.1M+67.3%	$4.3M+15.5%	$3.7M-51.6%	$7.6M
Long-Term Debt	$5.8M-16.0%	$6.8M-11.6%	$7.7M-10.4%	$8.7M+13.7%	$7.6M+1015.5%	$682Kn/m	$0-100.0%	$6.6M+39.8%	$4.7M-17.5%	$5.7M+2.8%	$5.5M+38.6%	$4.0M	N/A	N/A	N/A
Total Equity	$66.7M-0.5%	$67.0M+8.4%	$61.8M+3.2%	$59.9M-2.0%	$61.1M-1.6%	$62.0M-8.6%	$67.8M+32.1%	$51.3M+409.2%	$10.1M-9.3%	$11.1M-39.4%	$18.3M-13.8%	$21.3M-18.3%	$26.0M+24.0%	$21.0M+19.8%	$17.5M
Retained Earnings	-$37.0Mn/m	-$35.6Mn/m	-$40.2Mn/m	-$40.4Mn/m	-$37.2Mn/m	-$29.4Mn/m	-$22.6Mn/m	-$16.9Mn/m	-$2.9Mn/m	-$638K-109.4%	$6.8M-30.3%	$9.7M-34.3%	$14.8M+39.8%	$10.6M+24.5%	$8.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$99.4M+19.4%	$115.2M+38.6%	$83.1M-2.9%	$87.1M-2.5%	$83.2M+0.8%	$83.1M+3.0%	$85.6M+5.3%	$89.3M+10.2%
Current Assets	$23.9M+34.1%	$19.6M+26.7%	$12.9M-26.1%	$19.4M-5.2%	$17.8M-5.6%	$15.4M-0.3%	$17.5M+16.7%	$20.4M+40.5%
Cash & Equivalents	$4.5M-62.9%	$3.1M-65.8%	$7.5M-17.0%	$10.3M-16.8%	$12.2M+6.4%	$9.0M+8.7%	$9.0M+67.2%	$12.4M+152.2%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Inventory	$360K+100.0%	$295K+29.4%	$342K-0.9%	$244K+11.9%	$180K+16.1%	$228K+66.4%	$345K+104.1%	$218K+70.3%
Accounts Receivable	$3.4M-23.6%	$4.0M-15.2%	$3.1M-49.8%	$6.9M+19.7%	$4.4M-25.9%	$4.7M-16.5%	$6.2M-19.5%	$5.8M-6.0%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%
Total Liabilities	$40.9M+130.4%	$52.2M+204.1%	$16.4M-11.5%	$20.4M-14.8%	$17.8M-6.0%	$17.1M-1.8%	$18.6M-4.7%	$24.0M+11.5%
Current Liabilities	$15.0M+32.4%	$21.0M+102.5%	$10.0M-14.4%	$13.6M-17.5%	$11.3M-1.5%	$10.4M+3.4%	$11.6M-0.8%	$16.5M+23.2%
Non-Current Liabilities	$25.9M+303.4%	$31.2M+359.0%	$6.5M-6.7%	$6.8M-8.9%	$6.4M-13.0%	$6.8M-8.8%	$6.9M-10.5%	$7.5M-7.8%
Long-Term Debt	N/A	N/A	$5.8M-16.0%	$6.0M-14.9%	$6.3M-14.1%	$6.6M-11.1%	$6.8M-11.6%	$7.1M-11.7%
Total Equity	$58.4M-10.8%	$63.0M-4.4%	$66.7M-0.5%	$66.7M+2.1%	$65.5M+2.8%	$65.9M+4.3%	$67.0M+8.4%	$65.4M+9.7%
Retained Earnings	-$45.7Mn/m	-$41.1Mn/m	-$37.0Mn/m	-$36.7Mn/m	-$37.9Mn/m	-$37.2Mn/m	-$35.6Mn/m	-$37.8Mn/m

SLNG Cash Flow Statement

SLNG quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$22.5M	$8.6M-37.2%	$13.7M+104.0%	$6.7M-54.3%	$14.7M+242.0%	$4.3M+221.6%	$1.3M-67.5%	$4.1Mn/m	-$425Kn/m	-$3.7Mn/m	-$6.6M-378.8%	$2.4Mn/m	-$2.2M-796.8%	$317K-62.5%	$845K-19.7%	$1.1M
Depreciation & Amortization	N/A	$7.3M+2.8%	$7.1M-9.3%	$7.9M-9.1%	$8.7M-2.6%	$8.9M-1.6%	$9.0M-2.5%	$9.3M+5.1%	$8.8M+26.2%	$7.0M+697.3%	$877K-1.9%	$894K+30.7%	$684K+37.3%	$498K-43.2%	$877K+13.6%	$772K
Stock-Based Compensation	N/A	$447K-61.7%	$1.2M-44.0%	$2.1M-11.3%	$2.3M-27.4%	$3.2M+510.0%	$530Kn/m	$0-100.0%	$609K+63.3%	$373K-33.7%	$563K-3.8%	$585K-26.2%	$793K-6.7%	$850K+160.7%	$326K+12.0%	$291K
Capital Expenditures	$14.6M	$8.1M-11.0%	$9.1M-10.8%	$10.3M+160.7%	$3.9M-48.4%	$7.6M+892.8%	$768K-63.7%	$2.1M+154.0%	$833K+2503.1%	$32K-95.6%	$725K+23.3%	$588K-87.9%	$4.9M+112.8%	$2.3M+57.5%	$1.5M+173.0%	$533K
Free Cash Flow	$8.0M	$462K-89.8%	$4.5Mn/m	-$3.5M-132.9%	$10.8Mn/m	-$3.3M-685.9%	$568K-71.5%	$2.0Mn/m	-$1.3Mn/m	-$3.7Mn/m	-$7.3M-511.7%	$1.8Mn/m	-$7.1Mn/m	-$2.0Mn/m	-$610K-217.5%	$519K
Investing Cash Flow	-$14.4M	-$7.7Mn/m	-$8.1Mn/m	-$8.9Mn/m	-$1.9Mn/m	-$7.5Mn/m	-$256Kn/m	-$3.2M-4800.0%	$69K-95.3%	$1.5M	N/A	$796Kn/m	-$2.0Mn/m	-$193Kn/m	-$220K-143.8%	$502K
Financing Cash Flow	-$1.6M	-$2.4Mn/m	-$1.9Mn/m	-$3.9Mn/m	-$2.3M-174.8%	$3.0Mn/m	-$3.2M-265.1%	$1.9M+1601.8%	$114K-96.3%	$3.0M	N/A	$1.4M-49.9%	$2.8Mn/m	-$453K-539.8%	$103K-87.6%	$831K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$49K-7.5%	$53K-25.4%	$71K+1.4%	$70K-85.5%	$484K+229.3%	$147K+59.8%	$92K	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$7.1M+56.6%	$12.4M+1111.4%	$669K-69.2%	$2.4M-6.3%	$4.5M-10.4%	$1.0M-73.9%	$2.2M+63.0%	$2.6M+72.9%
Depreciation & Amortization	$1.8M-4.5%	$1.8M-4.4%	$1.8M-1.4%	$1.8M+3.7%	$1.9M+5.2%	$1.9M+3.7%	$1.8M-3.7%	$1.8M-11.3%
Stock-Based Compensation	N/A	$0-100.0%	N/A	$0-100.0%	$0-100.0%	$447K+16.7%	N/A	$300K-40.0%
Capital Expenditures	$2.3M+261.1%	$5.3M+981.7%	$3.1M-43.7%	$3.9M+195.5%	$635K-53.9%	$487K-44.2%	$5.6M+339.8%	$1.3M-65.2%
Free Cash Flow	$4.8M+23.1%	$7.1M+1228.8%	-$2.5Mn/m	-$1.5M-219.3%	$3.9M+6.0%	$538K-82.4%	-$3.4M-5606.5%	$1.2Mn/m
Investing Cash Flow	-$2.3Mn/m	-$5.3Mn/m	-$2.9Mn/m	-$3.9Mn/m	-$635Kn/m	-$276Kn/m	-$4.9M-6961.1%	-$1.2Mn/m
Financing Cash Flow	$355Kn/m	-$889Kn/m	-$603Kn/m	-$433Kn/m	-$680Kn/m	-$730Kn/m	-$625Kn/m	-$405Kn/m

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SLNG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLNG quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	26.4%-2.6pp	29.0%+4.1pp	24.9%+3.5pp	21.4%+1.2pp	20.2%	N/A	N/A	5.1%-0.5pp	5.6%+2.9pp	2.7%-10.7pp	13.4%+4.7pp	8.7%-10.1pp	18.9%+3.8pp	15.0%+1.2pp	13.8%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-22.1%-2.6pp	-19.5%-14.7pp	-4.8%+2.0pp	-6.8%-12.1pp	5.3%+4.6pp	0.8%+4.1pp	-3.3%
Net Margin	-2.0%-8.3pp	6.3%+6.1pp	0.2%+3.4pp	-3.2%+8.0pp	-11.3%+5.0pp	-16.3%-4.1pp	-12.1%+17.4pp	-29.6%-92.1pp	62.5%+81.2pp	-18.7%-13.4pp	-5.3%+3.0pp	-8.3%-15.9pp	7.7%+3.8pp	3.9%+15.2pp	-11.3%
Return on Equity	-2.0%-8.9pp	6.9%+6.7pp	0.2%+5.5pp	-5.3%+7.5pp	-12.8%-1.9pp	-10.9%-2.5pp	-8.4%+13.1pp	-21.5%-148.3pp	126.8%+190.3pp	-63.5%-49.4pp	-14.1%+8.1pp	-22.2%-39.7pp	17.5%+7.6pp	9.9%+43.5pp	-33.6%
Return on Assets	-1.6%-7.0pp	5.4%+5.2pp	0.1%+3.5pp	-3.3%+5.6pp	-8.9%-0.5pp	-8.4%-2.1pp	-6.3%+8.4pp	-14.8%-30.6pp	15.8%+35.8pp	-20.0%-13.2pp	-6.7%+4.2pp	-10.9%-20.9pp	9.9%+4.6pp	5.3%+21.6pp	-16.3%
Current Ratio	1.30-0.2x	1.50+0.2x	1.28+0.1x	1.17+0.2x	0.99+0.2x	0.76-0.1x	0.91+0.3x	0.650.0x	0.60-0.7x	1.26-1.1x	2.31+0.2x	2.07-0.3x	2.35+0.1x	2.21+0.2x	2.01
Debt-to-Equity	0.090.0x	0.100.0x	0.130.0x	0.140.0x	0.12+0.1x	0.010.0x	0.00-0.1x	0.13-0.3x	0.470.0x	0.51+0.2x	0.30+0.1x	0.19	N/A	N/A	N/A
Liabilities-to-Equity	0.250.0x	0.280.0x	0.32-0.3x	0.61+0.2x	0.43+0.1x	0.290.0x	0.33-0.1x	0.43-6.1x	6.53+4.7x	1.79+0.9x	0.870.0x	0.83+0.2x	0.60-0.1x	0.66-0.4x	1.07
Asset Turnover	0.820.0x	0.860.0x	0.90-0.1x	1.02+0.2x	0.79+0.3x	0.520.0x	0.520.0x	0.50+0.2x	0.25-0.8x	1.07-0.2x	1.27-0.1x	1.320.0x	1.29-0.1x	1.390.0x	1.43
FCF Margin	0.7%-5.5pp	6.2%+11.0pp	-4.8%-15.7pp	10.9%+15.7pp	-4.8%-6.2pp	1.4%-2.9pp	4.2%+7.6pp	-3.4%+14.8pp	-18.2%+1.2pp	-19.4%-23.0pp	3.6%+16.0pp	-12.4%-9.0pp	-3.3%-2.2pp	-1.1%-2.1pp	1.0%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	19.7%-6.8pp	3.5%-22.7pp	24.7%-3.8pp	27.6%-0.7pp	26.5%-0.6pp	26.2%-5.4pp	28.5%-5.0pp	28.3%+7.0pp
Net Margin	-38.9%-35.4pp	-39.3%-30.0pp	-2.0%-14.1pp	5.5%-0.1pp	-3.5%-3.7pp	-9.2%-16.7pp	12.2%+4.3pp	5.7%+7.0pp
Return on Equity	-7.9%-7.0pp	-6.5%-4.0pp	-0.4%-3.5pp	1.7%+0.1pp	-0.9%-1.0pp	-2.4%-4.7pp	3.1%+0.8pp	1.5%+1.9pp
Return on Assets	-4.7%-3.9pp	-3.5%-1.6pp	-0.3%-2.8pp	1.3%+0.2pp	-0.7%-0.8pp	-1.9%-3.7pp	2.5%+0.7pp	1.1%+1.4pp
Current Ratio	1.590.0x	0.93-0.6x	1.30-0.2x	1.42+0.2x	1.57-0.1x	1.49-0.1x	1.50+0.2x	1.24+0.2x
Debt-to-Equity	N/A	N/A	0.090.0x	0.090.0x	0.100.0x	0.100.0x	0.100.0x	0.110.0x
Liabilities-to-Equity	0.70+0.4x	0.83+0.6x	0.250.0x	0.31-0.1x	0.270.0x	0.260.0x	0.280.0x	0.370.0x
Asset Turnover	0.12-0.1x	0.09-0.1x	0.160.0x	0.230.0x	0.210.0x	0.210.0x	0.200.0x	0.200.0x
FCF Margin	40.1%+17.7pp	68.9%+65.8pp	-18.6%+1.1pp	-7.3%-14.3pp	22.4%+2.7pp	3.1%-12.4pp	-19.7%-20.1pp	7.0%+22.0pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Stabilis Solutions, Inc. SLNG	FY2025	$68.2M	-$1.4M	-2.0%	$81.5M	39/100
Vivakor, Inc. VIVK	FY2025	$104.4M	-$110.2M	N/A	$1.1M	28/100
Sky Quarry Inc. SKYQ	FY2025	N/A	-$12.2M	N/A	$19.1M	—
Diversified Energy Company DEC	FY2025	$1.8B	$341.1M	18.6%	$1.0B	39/100
National Fuel Gas Co. NFG	FY2025	$2.3B	$518.5M	22.8%	$7.6B	47/100

Where Stabilis Solutions, Inc. Ranks

Frequently Asked Questions

What is Stabilis Solutions, Inc.'s annual revenue?

Stabilis Solutions, Inc. (SLNG) reported $68.2M in total revenue for fiscal year 2025. This represents a -6.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Stabilis Solutions, Inc.'s revenue growing?

Stabilis Solutions, Inc. (SLNG) revenue declined by 6.9% year-over-year, from $73.3M to $68.2M in fiscal year 2025.

Is Stabilis Solutions, Inc. profitable?

No, Stabilis Solutions, Inc. (SLNG) reported a net loss of $7.9M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $1.4M, with a net profit margin of -2.0%.

How much debt does Stabilis Solutions, Inc. have?

As of fiscal year 2025, Stabilis Solutions, Inc. (SLNG) had $7.5M in cash and equivalents against $5.8M in long-term debt.

What is Stabilis Solutions, Inc.'s gross margin?

Stabilis Solutions, Inc. (SLNG) had a gross margin of 26.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Stabilis Solutions, Inc.'s net profit margin?

Stabilis Solutions, Inc. (SLNG) had a net profit margin of -2.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Stabilis Solutions, Inc.'s return on equity (ROE)?

Stabilis Solutions, Inc. (SLNG) has a return on equity of -2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Stabilis Solutions, Inc.'s free cash flow?

Stabilis Solutions, Inc. (SLNG) generated $462K in free cash flow during fiscal year 2025. This represents a -89.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Stabilis Solutions, Inc.'s operating cash flow?

Stabilis Solutions, Inc. (SLNG) generated $8.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Stabilis Solutions, Inc.'s total assets?

Stabilis Solutions, Inc. (SLNG) had $83.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Stabilis Solutions, Inc.'s capital expenditures?

Stabilis Solutions, Inc. (SLNG) invested $8.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Stabilis Solutions, Inc. have outstanding?

Stabilis Solutions, Inc. (SLNG) had 19M shares outstanding as of fiscal year 2025.

What is Stabilis Solutions, Inc.'s current ratio?

Stabilis Solutions, Inc. (SLNG) had a current ratio of 1.30 as of fiscal year 2025, which is considered adequate.

What is Stabilis Solutions, Inc.'s debt-to-equity ratio?

Stabilis Solutions, Inc. (SLNG) had a debt-to-equity ratio of 0.09 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Stabilis Solutions, Inc.'s liabilities-to-equity ratio?

Stabilis Solutions, Inc. (SLNG) had a liabilities-to-equity ratio of 0.25 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Stabilis Solutions, Inc.'s return on assets (ROA)?

Stabilis Solutions, Inc. (SLNG) had a return on assets of -1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Stabilis Solutions, Inc.'s P/E ratio?

Stabilis Solutions, Inc. (SLNG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $81.5M as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Stabilis Solutions, Inc.'s price-to-sales ratio?

Stabilis Solutions, Inc. (SLNG) trades at 1.5x sales, its market capitalization divided by $55.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $81.5M as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Stabilis Solutions, Inc.'s Piotroski F-Score?

Stabilis Solutions, Inc. (SLNG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Stabilis Solutions, Inc.'s earnings high quality?

Stabilis Solutions, Inc. (SLNG) reported a net loss of $1.4M while generating $8.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Stabilis Solutions, Inc.?

Stabilis Solutions, Inc. (SLNG) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.