Stabilis Solutions Announces Preliminary Fourth Quarter 2025 Results, Provides Business Update
Rhea-AI Summary
Stabilis Solutions (Nasdaq:SLNG) reported preliminary Q4 2025 results and a strategic update on February 17, 2026. Preliminary Q4 revenue is estimated at $13.0–$13.5 million, net loss $(0.3)–(0.5) million, and adjusted EBITDA $1.4–$1.6 million.
The company announced a multi-year take-or-pay LNG supply contract with estimated two-year revenue of $200 million starting in 2027, progress toward a Galveston liquefaction and bunkering Project with expected FID by end of Q1 2026 and project capital of $350–$400 million.
Positive
- $200M multi-year take-or-pay LNG contract announced
- Preliminary Q4 adjusted EBITDA of $1.4–$1.6M
- Galveston Project has 56% offtake commitments secured
Negative
- Two multi-year contracts ended, representing 19% and 32% of 2025 revenue
- Galveston Project capital requirement of $350–$400M creates financing risk
News Market Reaction – SLNG
On the day this news was published, SLNG declined 9.91%, reflecting a notable negative market reaction. Argus tracked a trough of -6.3% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $11M from the company's valuation, bringing the market cap to $103M at that time. Trading volume was exceptionally heavy at 7.0x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: VIVK up 9.31%, NFG up 2.39%, while CGBS down 39.67% and SKYQ down 3.82%. With no peer momentum signals and SLNG’s modest 1.19% pre-news gain, trading appears stock-specific rather than a coordinated sector move.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 05 | Q3 2025 earnings | Positive | -4.0% | Profitable Q3 2025 with higher revenue and continued Galveston project progress. |
| Aug 06 | Q2 2025 earnings | Negative | -7.3% | Revenue decline and net loss despite growth in key end-markets. |
| May 07 | Q1 2025 earnings | Negative | +2.5% | Lower revenue and a net loss following prior-year profitability. |
| Feb 25 | Q4 & FY 2024 | Positive | -4.9% | Strong Q4 and full-year 2024 profitability and cash generation. |
| Nov 06 | Q3 2024 earnings | Positive | -0.9% | Strong volume growth, EBITDA improvement, and higher contracted revenue mix. |
Earnings releases have often been followed by downside moves, regardless of whether results were strong or weak, with 4 of the last 5 earnings events selling off despite mixed fundamentals.
Over the past year, Stabilis’ earnings reports have shown a mix of profitable quarters and periods of revenue decline and net losses. Events on Nov 5, 2025 and Feb 25, 2025 highlighted profitability and liquidity, yet the stock fell following those announcements. Earlier quarters like Q1 and Q2 2025 showed revenue declines and losses, with one aligned selloff and one rebound. Against this backdrop, the current preliminary Q4 2025 update and LNG contract news arrive after a pattern where earnings headlines often met with muted or negative reactions.
Historical Comparison
In the last 5 earnings-related releases, SLNG’s average next-day move was -2.91%, with most events selling off regardless of positive or negative fundamentals.
Recent earnings trace a shift from strong 2024 profitability to 2025 revenue pressure and intermittent losses, while continuing to build LNG growth platforms like the Galveston project.
Market Pulse Summary
The stock moved -9.9% in the session following this news. A negative reaction despite the announced $200 million contract could fit the company’s history of weak post-earnings trading, where prior results averaged a -2.91% move. The completion of two multi-year contracts that represented 19% and 32% of 2025 revenue may also weigh on sentiment as 2026 is framed as a transition year. Future performance will hinge on replacing this work and delivering the Galveston project on the projected $350M–$400M budget.
Key Terms
take-or-pay financial
adjusted EBITDA financial
behind-the-meter technical
final investment decision financial
Jones Act-compliant regulatory
AI-generated analysis. Not financial advice.
HOUSTON, TX / ACCESS Newswire / February 17, 2026 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced preliminary fourth quarter 2025 results and issued an update on recent strategic milestones, including the award of a historic, multi-year take-or-pay LNG supply agreement with an estimated contract value of
PRELIMINARY FOURTH QUARTER 2025 RESULTS
All listed ranges are an estimate, based on information available to management as of the date of this release, and are subject to change subject to customary closing procedures. Please see the Company's Financial Disclosure Advisory in the appendix of this release.
Revenues of between
$13.0 million and$13.5 million Net loss of between (
$0.3) million and ($0.5) million Adjusted EBITDA of between
$1.4 million and$1.6 million
Stabilis was recently awarded a multi-year take-or-pay contract to supply LNG for a U.S. behind-the-meter power generation application for a world-leading provider of remote and temporary power generation and energy services. LNG deliveries are expected to commence during the first quarter of 2027 and continue through the first quarter of 2029. Stabilis anticipates total revenue under the initial two-year term of the contract of approximately
GALVESTON LNG LIQUEFACTION AND BUNKERING PROJECT
Stabilis continues to advance its proposed Galveston liquefaction facility and Jones Act-compliant LNG bunkering vessel ("the Project") toward an expected Final Investment Decision ("FID") by the end of the first quarter 2026. Stabilis has secured customer commitments for approximately
CONCLUSION OF MULTI-YEAR LNG SUPPLY CONTRACTS
During the fourth quarter, two multi-year customer contracts concluded in accordance with their terms. The completed contracts were for temporary remote power in Louisiana, and the Company's truck-to-vessel LNG marine bunkering services in Galveston, Texas. The marine customer elected not to extend the agreement due to the unavailability of suitable Jones Act-compliant LNG bunker vessels during the contemplated extension period. The two contracts accounted for approximately
The Company is engaged in late-stage discussions for new customer opportunities and expects to redeploy assets and personnel to support replacement work during 2026.
MANAGEMENT COMMENTARY
"Following the conclusion of customer contracts within our marine bunkering and power generation markets, we anticipate 2026 will be a transitional year for our organization as we prepare to support new, long-term customer agreements, while continuing to advance toward FID under our Galveston LNG project," said Casey Crenshaw, Executive Chairman and Interim President & Chief Executive Officer.
"The recently awarded multi-year contract for LNG for behind the meter power will be transformational for the Company," continued Crenshaw. "On an annualized basis, we expect this contract will represent approximately
"Looking ahead, 2027 is shaping up to be a historic year for Stabilis," concluded Crenshaw. "Given current contract commitments, customer indications of interest, and preliminary expectations for our Galveston LNG facility to be on-stream by year-end 2027, we're building steady momentum toward a positive inflection in our business, one guided by a continued focus on disciplined execution, financial conservatism, and a returns-driven approach toward capital allocation."
FOURTH QUARTER AND FULL YEAR 2025 CONFERENCE CALL AND WEBCAST DATE
Today the Company announced that it will issue fourth quarter and full year 2025 results after the U.S. markets close on Wednesday, March 4, 2026. A conference call will be held on Thursday, March 5, 2026, at 9:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session.
A webcast of the conference call will be available in the Investor Relations section of the Company's corporate website at https://investors.stabilis-solutions.com/events. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.
To participate in the live teleconference:
Domestic Live: 800-245-3047
International Live: 203-518-9765
Conference ID: SLNGQ425
To listen to a replay of the teleconference, which will be available through March 12, 2026:
Domestic Live: 800-839-4197
International Live: 402-220-2987
ABOUT STABILIS SOLUTIONS
Stabilis Solutions (Nasdaq:SLNG) is a leading provider of clean energy production, storage, and delivery solutions to multiple end markets. To learn more, visit www.stabilis-solutions.com.
FINANCIAL DISCLOSURE ADVISORY
The Company has not yet completed its reporting process for the fourth quarter and fiscal year-ended December 31, 2025. The preliminary results presented herein are based on its reasonable estimates and the information available to it at this time and, because of their preliminary nature, in certain cases, the Company has provided ranges, rather than specific amounts. As such, the Company's actual results may materially vary from the preliminary results presented herein and will not be finalized until the Company reports its final results for fourth quarter of fiscal year 2025 after the completion of its normal quarter end accounting procedures and the execution of its internal controls over financial reporting. In addition, any statements regarding the Company's estimated financial performance for the fourth quarter and fiscal year 2025 do not present all information necessary for an understanding of the Company's financial condition and results of operations as of and for the quarterly and annual period ended December 31, 2025.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "can," "believes," "feels," "anticipates," "expects," "could," "will," "plan," "may," "should," "predicts," "potential," "outlook" and similar expressions are intended to identify such forward-looking statements.
Such forward-looking statements relate to future events or future performance, but reflect our current beliefs, based on information currently available. Most of these factors are outside our control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, unexpected costs, availability of financing, ability to achieve the conditions precedent to the bunkering agreement, ability to achieve additional offtake necessary for FID, construction delays or cost overruns, regulatory or other legal impediments, and general economic conditions.
The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in the Risk Factors in Item 1A of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 25, 2025 which is available on the SEC's website at www.sec.gov or on the Investors section of our website at www.stabilis-solutions.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
Stabilis does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
CORPORATE CONTACT
Andrew Puhala
Chief Financial Officer
ir@stabilis-solutions.com
SOURCE: Stabilis Solutions
View the original press release on ACCESS Newswire
FAQ
What did Stabilis (SLNG) report for preliminary Q4 2025 revenue and profit?
What is the size and timing of the $200 million SLNG contract for data center power?
How will the Galveston LNG project affect Stabilis (SLNG) funding needs?
What revenue impact does Stabilis expect from the new data center contract on an annualized basis?
Why did Stabilis (SLNG) see a revenue decline in parts of 2025?
