• Koil Energy Solutions posted Q1 2026 revenue of USD 8.2 million, up 56% from a year earlier, as fixed-price contract activity increased and service projects added incremental contributions.
• Net income turned to USD 241,000, with operating income of USD 273,000.
• Gross profit rose to USD 2.6 million, with gross margin edging up 1 percentage point to 32%.
• SG&A climbed to USD 2.34 million on higher headcount, while adjusted EBITDA increased to USD 572,000.
• During the quarter, Koil won a manufacturing contract to modify a large offshore carousel, secured a subsea distribution system contract for a deepwater Gulf of America project, and landed offshore installation monitoring work in West Africa.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Koil Energy Solitions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605150730PRIMZONEFULLFEED9721065) on May 15, 2026, and is solely responsible for the information contained therein.