ERock Revenue Nearly Quadruples to $152.8M in Q3, Posts $8.9M Net Income

what happened

The company posted $152.8 million in revenue for the third quarter of 2026, almost four times the $39.9 million booked in the second quarter, according to a TradingView summary of its SEC filing. Gross profit came in at $34.9 million, a 22.9% margin, and Adjusted EBITDA reached $12.6 million. Net income was $8.9 million, though only $1.8 million of it belonged to ERock shareholders, after a net loss of $67.7 million in Q2. Management credited record output and deliveries of generators along with higher installation activity.

Construction started on schedule at the 366 MW El Paso Electric generation facility that serves Meta's data center campus, with completion expected in mid-2027. Power system bookings after quarter-end set a new backlog record, which management said gives visibility into revenue and margins through 2028. The annual outlook for revenue and Adjusted EBITDA was kept unchanged.

why it matters

For markets, the story is a swing from losses to profit at a company tied to power demand from data centers. The record backlog and unchanged annual outlook give investors a read on production volumes into 2028, but one strong quarter following a weak prior period does not yet make a trend, so the next reports will show whether the pace holds.

market impact

ERock shares: revenue rebound and record backlog are a positive signal for the company

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