ERock, Inc. (EROC) SEC Filings & Earnings Calls
EquiReason read 4 ERock, Inc. SEC filings in the last 12 months. Latest: 10-Q on 2026-08-12 — ERock reported Q2 2026 results: revenue declined 41.7% YoY due to lumpy product sales, but backlog surged to $1.7B driven by data center demand; all debt retired..
Source: SEC EDGAR filings · read by EquiReason
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last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
12 Aug 202610-QERock reported Q2 2026 results: revenue declined 41.7% YoY due to lumpy product sales, but backlog surged to $1.7B driven by data center demand; all debt retired.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q2-2026 | $40M | -42% y/y |
| Net loss · Q2-2026 | $-68M | +748% y/y |
| Adjusted EBITDA · Q2-2026 | $-14M | -490% y/y |
| Gross margin · Q2-2026 | 18.6% | |
| Adjusted Gross Margin · Q2-2026 | 22.2% | |
| Contracted Power System Sales Backlog · 2026-06-30 | $1.70B | |
| Annualized Recurring Service Revenue · 2026-06-30 | $24M | +18% y/y |
| Power system sales product revenues · Q2-2026 | $16M | -63% y/y |
| Ongoing services revenues · Q2-2026 | $13M | +21% y/y |
Guidance
Expect to execute on $1.7B backlog over approximately two years; expect revenues to grow faster than costs, leading to improved margins
Management expects to execute on $1.7B backlog over two years, with revenue growth and margin improvement driven by operational efficiencies.
Risks flagged
Revenue volatility from lumpy product sales
“the comparable prior-year period benefited from a large delivery of generators out of inventory that had been manufactured over multiple quarters, resulting in the company recognizing significant revenues.” · word for word
Execution risk on Hyperion facility ramp
“delays or higher than anticipated startup costs at our Hyperion facility, any of which could adversely affect the margin improvement we currently anticipate.” · word for word
Customer concentration
“reliance on a limited number of customers and the loss of, or adverse developments affecting, major customers” · word for word
Supply chain and tariff risks
“the impact of tariffs, trade restrictions and other cost pressures” · word for word
11 Aug 20268-K · 2.02Record backlog $1.7B (10x YoY), 470 MW Anthropic order, IPO proceeds $400M, strong liquidity $626.6M cash, no debt, FY2026 guidance introduced: revenue $435-465M, Adj EBITDA $3-9M.earningsopen
Figures in the filing · each found in the filing text
| Contracted Power System Sales Backlog · Q2-2026 | $1.70B | +750% y/y |
| Total revenues · Q2-2026 | $40M | -42% y/y |
| Gross Margin · Q2-2026 | 18.6% | |
| Adjusted EBITDA · Q2-2026 | $-14M | -490% y/y |
| Net Loss · Q2-2026 | $-68M | +748% y/y |
| Installed Base (MW) · Q2-2026 | 1,104 | +13% y/y |
| Annualized Recurring Service Revenue · Q2-2026 | $24M | +18% y/y |
| Cash and cash equivalents · Q2-2026 | $627M |
Guidance
FY2026 revenue $435-465M; FY2026 Adjusted EBITDA $3-9M
First-time FY2026 guidance implies ~2.5x YoY revenue growth at midpoint, driven by record backlog and AI infrastructure demand.
Risks flagged
Negative adjusted EBITDA and net loss in Q2 2026, though expected as company scales.
“Adjusted EBITDA $(13,982) and Net Loss $(67,719) for Q2 2026.”
Revenue declined 42% YoY in Q2 2026, but guided strong H2 growth.
“Total revenues $39.9M vs $68.5M in Q2 2025.”
ERock, Inc. — questions
- What did ERock, Inc. file recently?
- 4 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-12 — ERock reported Q2 2026 results: revenue declined 41.7% YoY due to lumpy product sales, but backlog surged to $1.7B driven by data center demand; all debt retired.
Every figure on this page comes from ERock, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.