ERock (NYSE: EROC) appointed Jason Altobelli as Chief Revenue Officer, effective immediately, to lead its commercial strategy and sales teams.
Altobelli joins from Google Cloud, where he served as Global Head of Energy and Infrastructure Partnerships. He brings more than 15 years of experience across AI, energy and industrial technology. His responsibilities cover ERock’s utility, federal and data center businesses, including aligning sales with project execution and delivery.
Altobelli will succeed Chief Commercial Officer Allan Schurr, who will retire effective February 1, 2027. Schurr will continue with ERock in an advisory role following retirement.
ERock (NYSE: EROC) will release its third-quarter 2026 financial results before market open on November 12, 2026.
A conference call will follow at 8:30 a.m. Eastern Time, featuring CEO John Carrington, CFO Ian Blakely and President Corey Amthor. A listen-only webcast and subsequent archive will be available on the company’s investor relations website.
ERock (EROC) signed a multi-year agreement with HD Construction Equipment to supply engine long blocks for its RockBlock generators.
The agreement covers 2027 through 2028 and supports increased production for data centers, utilities and other critical infrastructure customers. Engine long blocks are the core assemblies of ERock’s natural gas generators. ERock said securing these long-lead components supports scheduled deliveries as it ramps assembly capacity, with production commitments extending into early 2028.
Its $1.7 billion contracted backlog as of June 30, 2026 extends production requirements into 2028. HD Construction Equipment is a Hyundai subsidiary.
ERock (NYSE: EROC) reported Q2 2026 results featuring a record contracted power system sales backlog of approximately $1.7 billion, about 10x year-over-year, driven mainly by AI data center demand. The company executed a 470 MW equipment purchase order with Anthropic, extending production commitments into 2028, and began assembly operations at its Hyperion manufacturing facility in Houston.
Q2 2026 total revenues were $39.9 million (vs. $68.5 million in Q2 2025), with gross margin of 18.6% and Adjusted Gross Margin of 22.2%. Adjusted EBITDA was a loss of $14.0 million, and net loss was $67.7 million, including a $48.8 million loss on debt extinguishment. Annualized recurring service revenue reached $23.6 million and installed base grew to 1,104 MW.
ERock completed an IPO of about 27.9 million Class A shares on June 11, 2026, raising roughly $400 million in gross proceeds. As of June 30, 2026, the company held $626.6 million in unrestricted cash, had no outstanding debt, and an undrawn $250 million credit facility. For full-year 2026, ERock guides revenue of $435–$465 million and Adjusted EBITDA of $3–$9 million, implying about 2.5x year-over-year revenue growth at the midpoint.
ERock (NYSE: EROC) will release its second quarter 2026 financial results for the period ended June 30, 2026 after market close on Tuesday, August 11, 2026. Management will host a conference call on Wednesday, August 12, 2026 at 8:30AM ET / 7:30AM CT, accessible via webcast and dial-in.
Summary not available.