Koil Energy Solutions, Inc. (KLNG) Earnings Call Transcripts

Koil Energy Solutions, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Koil Energy Solutions, Inc. reported record revenue of $8.2 million, a significant 56% increase year-over-year and a 13% sequential growth from Q4 2025. The company achieved a net income of $241,000, translating to $0.02 earnings per share, compared to a net loss in the same quarter last year. Management maintained a positive outlook, emphasizing ongoing growth initiatives and a strong pipeline of projects, although they noted increased expenses related to growth initiatives that may not recur in future quarters.

Reported metrics

Guidance from management

Management expressed confidence in their growth strategy and indicated that they are preparing to capitalize on future opportunities, although they cautioned about recurring expenses in the upcoming quarters.

What management said

Thank you, Ian. Yes, the activity level continue to increase. And last year, if you look at the number of quotations we responded to, we doubled that last year compared to the year prior. The beginning of this year, we are slightly ahead of the beginning of last year. So this just continues to increase. Now it comes in not steadily. So we have seen over the last month, a significant a number of quotation coming in on...

Thank you, operator, and thank you for joining our call today. We appreciate your interest in Koil Energy and look forward to the next earnings call. This concludes our call. Thank you.

What analysts pressed on

Analysts raised concerns regarding the sustainability of the increased SG&A expenses and the potential impact on future profitability. There were also questions about the competitive landscape in Brazil and how it might affect margins.

Main topics on the call

• Record Revenue Growth — Koil Energy achieved revenue of $8.2 million, marking a 56% year-over-year increase and 13% sequential growth. CEO Erik Wiik stated, "This was driven by a winning sales team and an outstanding operations crew."
• Increased EBITDA — EBITDA for the quarter was approximately $572,000, a 69% year-over-year increase, driven by higher volume. This reflects the company's operational efficiency despite increased growth-related expenses.
• Rising SG&A Expenses — Selling, general and administrative expenses rose to $2.3 million from $611,000 a year prior, primarily due to increased headcount. CFO Kurt Keller noted that these costs included "onetime charges related to the year-end...
• International Expansion — Koil Energy has established operations in Brazil and is now prequalified to deliver projects to five oil and gas companies. This expansion is seen as a significant milestone for future growth.

Read the full Koil Energy Solutions, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 22 Koil Energy Solutions, Inc. earnings call transcripts on record, spanning March 31, 2020 to August 13, 2026. Based on this history, Koil Energy Solutions, Inc. reports quarterly. The most recent call on file is dated August 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

KLNG

Exchange

OTCPK

Country

US

Sector

Energy

Industry

Energy Equipment and Services

Calls on record

22

First call

March 31, 2020

Most recent

August 13, 2026

Reporting cadence

quarterly