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Elevate Service Group Q2 FY26 operating loss widens to $0.9 million; revenue more than doubles to $20.5 million vs Q1 FY26

PUBT·08/31/2026 22:11:12
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Elevate Service Group Q2 FY26 operating loss widens to $0.9 million; revenue more than doubles to $20.5 million vs Q1 FY26
  • Elevate posted Q2-2026 revenue of $20.5 million, up 170% from Q1-2026, reflecting partial contributions from three acquisitions.
  • Gross profit rose to $6.9 million, producing a 33.8% gross margin.
  • Operating loss widened to $0.9 million, mainly on non-cash share-based compensation, amortization, transaction costs, professional fees.
  • Adjusted EBITDA totaled $1.9 million, equating to a 9.3% margin.
  • Pro forma revenue was $24.6 million; management cited a “milestone quarter” as acquisitions expanded capabilities, reach, field-service infrastructure.


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. Elevate Service Group Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608311810NEWSFILECNPR____20260831_312299_1) on August 31, 2026, and is solely responsible for the information contained therein.