Solaris revenue +46.9% to $219.4M, net income +71.4% to $20.5M on AI data center expansion

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~2 min read

Key Changes

• high

  Expanded Hatchbo contract to 660 MW turnkey power plant (from 530 MW) with 18-year tenor, including balance of plant, batteries, and energy management for AI workloads; deployments start Q1 2027.

  MD&A: Hatchbo contract expansion verify on EDGAR →
• high

  Signed new 640 MW contract with affiliate of investment-grade global tech company for AI data center power, expanded in July to include energy storage and natural gas management; deployments begin late 2026.

  MD&A: New 640 MW data center contract verify on EDGAR →
• high

  Issued $1.3B of 6.375% Senior Notes due 2031 and entered up to $650M revolving credit facility, using proceeds to retire $463.9M of acquisition debt and fund growth capex; liquidity now ~$1.4B ($824M cash + $575M revolver availability).

  MD&A: Debt refinancing verify on EDGAR →