Shares of Solaris Energy Infrastructure, Inc. (NYSE: SEI) rose about 6% on Tuesday after the company updated its near-term earnings outlook and released a first-quarter 2027 projection.
The company raised its Adjusted EBITDA guidance for both the third and fourth quarters of 2026, citing stronger-than-anticipated contributions from its core power services unit along with improved performance from businesses it acquired recently.
For the third quarter of 2026, Solaris now anticipates Adjusted EBITDA in a range of $110 million to $130 million. That replaces the firm's earlier guidance of $90 million to $105 million and represents a 23% increase at the midpoint of the range.
Guidance for the fourth quarter of 2026 was also increased, with a new range of $145 million to $180 million. The prior fourth-quarter outlook was $100 million to $120 million, yielding a 48% rise at the midpoint versus the previous estimate.
In addition to the revised 2026 quarterly outlooks, Solaris initiated guidance for the first quarter of 2027, projecting Adjusted EBITDA between $200 million and $240 million.
Context and implications
The company attributed the upward revisions to stronger contributions from its core power services business and to better-than-expected results from recently acquired entities. These specific operational drivers were identified by the firm as the reasons behind the improved near-term profitability outlook.
Investors responded to the guidance update with a roughly 6% increase in the company’s share price on the day of the announcement.
What the company disclosed
- Updated Adjusted EBITDA guidance for Q3 2026: $110 million to $130 million (previously $90 million to $105 million) - a 23% increase at the midpoint.
- Updated Adjusted EBITDA guidance for Q4 2026: $145 million to $180 million (previously $100 million to $120 million) - a 48% increase at the midpoint.
- Initial Adjusted EBITDA guidance for Q1 2027: $200 million to $240 million.
This article presents the company's published guidance figures and the market reaction. It does not add forecasts or additional financial metrics beyond those the company provided.