Atlas Energy Solutions Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 1.095B, using the latest reported figures. The previous period, 2024, was about USD 1.056B.

Watchlist

Latest quarter

Revenue

268 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating margin

-14.94%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: -39996000 USD Source
  • Revenue: 267778000 USD Source

Operating cash flow

23.4 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 41849000 USD Source
  • Operating Cash Flow: 18443000 USD Source

Free cash flow

-161 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 41849000 USD Source
  • Operating Cash Flow: 18443000 USD Source
  • Capital Expenditure: 367769000 USD Source
  • Capital Expenditure: 183105000 USD Source
Cash and cash equivalents
Not available
Long-term debt including current maturities
986 million USD Derived
Exact inputs and evidence

985512000 USD

Calculated as noncurrent long-term debt plus its current portion.

  • Current portion of long-term debt: 44743000 USD Source
  • Long-term debt: 940769000 USD Source
Shares outstanding
125 million shares Source
Exact value

125008936 shares

Reported share-count change

1.07% · 1.32 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 123691077 shares · 2025-09-30· Source
  • 125008936 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.08 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Revenue: 1095310000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 845880000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 265583000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 293178000 USD · 2026-04-01 – 2026-06-30 Source
  • Revenue: 267778000 USD · 2026-07-01 – 2026-09-30 Source

Net income

-140 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Net income: -50304000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -28060000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -47264000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -72360000 USD · 2026-01-01 – 2026-06-30 Source
  • Net income: -47264000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -117475000 USD · 2026-01-01 – 2026-09-30 Source
  • Net income: -72360000 USD · 2026-01-01 – 2026-06-30 Source

Operating cash flow

45.6 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 117346000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 113639000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 18996000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 18443000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 18996000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 41849000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 18443000 USD · 2026-01-01 – 2026-06-30 Source

Capital expenditure

390 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Capital expenditure: 148271000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 126463000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 29275000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 183105000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 29275000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 367769000 USD · 2026-01-01 – 2026-09-30 Source
  • Capital expenditure: 183105000 USD · 2026-01-01 – 2026-06-30 Source

Free cash flow

-344 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 117346000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 113639000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 18996000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 18443000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 18996000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 41849000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 18443000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 148271000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 126463000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 29275000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 183105000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 29275000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 367769000 USD · 2026-01-01 – 2026-09-30 Source
  • Capital expenditure: 183105000 USD · 2026-01-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-11-03.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2025-12-31
  • Operating income: 5 of 11 periods available· newest 2025-12-31
  • Net income: 5 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 5 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2025-12-31
  • Total assets: 4 of 11 periods available· newest 2025-12-31
  • Total liabilities: 4 of 11 periods available· newest 2025-12-31
  • Current assets: 4 of 11 periods available· newest 2025-12-31
  • Current liabilities: 4 of 11 periods available· newest 2025-12-31
  • cash and cash equivalents: No compatible figures in this window
  • Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 4 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.7%

    Prior period

    USD 1.06 billion

    –

    Current period

    USD 1.1 billion

    –

    Exact inputs and evidence

    1095310000 − 1055957000 = 39353000 USD

    1055957000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1095310000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -183.9%

    Prior period

    USD 59.94 million

    –

    Current period

    −USD 50.3 million

    –

    Exact inputs and evidence

    -50304000 − 59944000 = -110248000 USD

    59944000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -50304000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -54.2%

    Prior period

    USD 256.46 million

    –

    Current period

    USD 117.35 million

    –

    Exact inputs and evidence

    117346000 − 256460000 = -139114000 USD

    256460000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    117346000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Capital expenditure

    -60.4%

    Prior period

    USD 373.98 million

    –

    Current period

    USD 148.27 million

    –

    Exact inputs and evidence

    148271000 − 373983000 = -225712000 USD

    373983000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    148271000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 1.1 billion 100% of revenue
  • Operating costs Derived USD 1.11 billion 101% of revenue
  • Operating income −USD 10.91 million −1% of revenue
  • Tax, interest and other Derived USD 39.39 million 3.6% of revenue
  • Net income −USD 50.3 million −4.6% of revenue

Cash

  • Operating cash flow USD 117.35 million 11% of revenue
  • Capital expenditure USD 148.27 million 14% of revenue
  • Free cash flow Derived −USD 30.93 million −2.8% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 25%73%
  • 2022 45%52%
  • 2023 17%26%57%
  • 2024 89%
  • 2025 Operating loss: operating costs were 101% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2021-01-01 – 2021-12-31172404000 125408000 Derived 46996000 42738000 Derived 4258000 1985000 Derived
Source
2022 2022-01-01 – 2022-12-31482724000 250733000 Derived 231991000 14985000 Derived 217006000 116420000 Derived
Source
2023 2023-01-01 – 2023-12-31613960000 348830000 Derived 265130000 159701000 Derived 105429000 -66459000 Derived
Source
2024 2024-01-01 – 2024-12-311055957000 942081000 Derived 113876000 53932000 Derived 59944000 -117523000 Derived
Source
2025 2025-01-01 – 2025-12-311095310000 1106220000 Derived -10910000 39394000 Derived -50304000 -30925000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.1B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.2B887.2M591.5M295.7M0.020212022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Revenue172404000
2022Revenue482724000
2023Revenue613960000
2024Revenue1055957000
2025Revenue1095310000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.194%146%97%49%0%20212022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year180%
2023Year over year27.2%
2024Year over year72%
2025Year over year3.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -1% 2025
Net margin -4.6% 2025
Free cash flow margin -2.8% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.53%36%18%1%-16%20212022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin27.3%
2022Operating margin48.1%
2023Operating margin43.2%
2024Operating margin10.8%
2025Operating margin-1%
2021Net margin2.5%
2022Net margin45%
2023Net margin17.2%
2024Net margin5.7%
2025Net margin-4.6%
2021Free cash flow margin1.2%
2022Free cash flow margin24.1%
2023Free cash flow margin-10.8%
2024Free cash flow margin-11.1%
2025Free cash flow margin-2.8%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 117.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.322.9M242.2M161.5M80.7M0.020212022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Operating cash flow21356000
2022Operating cash flow206012000
2023Operating cash flow299027000
2024Operating cash flow256460000
2025Operating cash flow117346000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -30.9M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.135.1M67.3M-551.5K-68.4M-136.2M20212022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Free cash flow1985000
2022Free cash flow116420000
2023Free cash flow-66459000
2024Free cash flow-117523000
2025Free cash flow-30925000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

45.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.51%38%26%13%0%2021-12-312022202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021-12-31Liabilities / assetsNot reportedNo source recorded
2022Liabilities / assets31.9%
2023Liabilities / assets31.2%
2024Liabilities / assets47.5%
2025Liabilities / assets45.7%

Current assets to current liabilities

Current assets divided by current liabilities.

1.46× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.72×2.79×1.86×0.93×0.00×2021-12-312022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022Current assets / current liabilities2.02×
2023Current assets / current liabilities3.44×
2024Current assets / current liabilities1.19×
2025Current assets / current liabilities1.46×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2021-01-01 – 2021-12-31
USD 4.26 million
Exact value

Exact value: 4258000 USD

2021-01-01 – 2021-12-31: 4258000 USD Inspect Net Income Open source
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USD 21.36 million
Exact value

Exact value: 21356000 USD

2021-01-01 – 2021-12-31: 21356000 USD Inspect Operating Cash Flow Open source
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USD 19.37 million
Exact value

Exact value: 19371000 USD

2021-01-01 – 2021-12-31: 19371000 USD Inspect Capital Expenditure Open source
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USD 1.99 million
Calculation and evidence

21356000 − 19371000 USD

Exact free cash flow: 1985000 USD

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2022 2022-01-01 – 2022-12-31
USD 217.01 million
Exact value

Exact value: 217006000 USD

2022-01-01 – 2022-12-31: 217006000 USD Inspect Net Income Open source
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USD 206.01 million
Exact value

Exact value: 206012000 USD

2022-01-01 – 2022-12-31: 206012000 USD Inspect Operating Cash Flow Open source
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USD 89.59 million
Exact value

Exact value: 89592000 USD

2022-01-01 – 2022-12-31: 89592000 USD Inspect Capital Expenditure Open source
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USD 116.42 million
Calculation and evidence

206012000 − 89592000 USD

Exact free cash flow: 116420000 USD

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2023 2023-01-01 – 2023-12-31
USD 105.43 million
Exact value

Exact value: 105429000 USD

2023-01-01 – 2023-12-31: 105429000 USD Inspect Net Income Open source
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USD 299.03 million
Exact value

Exact value: 299027000 USD

2023-01-01 – 2023-12-31: 299027000 USD Inspect Operating Cash Flow Open source
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USD 365.49 million
Exact value

Exact value: 365486000 USD

2023-01-01 – 2023-12-31: 365486000 USD Inspect Capital Expenditure Open source
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−USD 66.46 million
Calculation and evidence

299027000 − 365486000 USD

Exact free cash flow: -66459000 USD

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2024 2024-01-01 – 2024-12-31
USD 59.94 million
Exact value

Exact value: 59944000 USD

2024-01-01 – 2024-12-31: 59944000 USD Inspect Net Income Open source
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USD 256.46 million
Exact value

Exact value: 256460000 USD

2024-01-01 – 2024-12-31: 256460000 USD Inspect Operating Cash Flow Open source
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USD 373.98 million
Exact value

Exact value: 373983000 USD

2024-01-01 – 2024-12-31: 373983000 USD Inspect Capital Expenditure Open source
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−USD 117.52 million
Calculation and evidence

256460000 − 373983000 USD

Exact free cash flow: -117523000 USD

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2025 2025-01-01 – 2025-12-31
−USD 50.3 million
Exact value

Exact value: -50304000 USD

2025-01-01 – 2025-12-31: -50304000 USD Inspect Net Income Open source
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USD 117.35 million
Exact value

Exact value: 117346000 USD

2025-01-01 – 2025-12-31: 117346000 USD Inspect Operating Cash Flow Open source
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USD 148.27 million
Exact value

Exact value: 148271000 USD

2025-01-01 – 2025-12-31: 148271000 USD Inspect Capital Expenditure Open source
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−USD 30.93 million
Calculation and evidence

117346000 − 148271000 USD

Exact free cash flow: -30925000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

21 filings · 1,922 latest values · 1,915 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001984060, 1984060, AESI, edgar:1984060

Also known as Atlas Energy Solutions Inc., NEW ATLAS HOLDCO INC., New Atlas HoldCo Inc.