FLINT Corp. announced its second quarter 2026 financial results, with revenue reaching $203.4 million, a 37.1% increase from the same period in 2025 and a 67.4% jump from the first quarter of 2026. Gross profit was $18.0 million, down 2.8% year-over-year but up 54.8% sequentially, while gross profit margin narrowed to 8.8% from 12.5% a year earlier, reflecting competitive pricing and work mix. Adjusted EBITDAS came in at $8.7 million, a 9.4% decline from the prior year but a nearly fourfold increase from the previous quarter, and net income improved to $2.4 million from $1.1 million a year ago. The company also reported new contract awards and renewals totaling approximately $476.7 million for the quarter and $21.8 million in the first three weeks of July, with about 28.1% of that work expected to be completed in 2026. Liquidity stood at $75.4 million as of June 30, 2026, and the company appointed Mark Nelson as Chief Operating Officer effective June 1, 2026.
Fluent IncRevenue up 37.1% YoY, net income improved, and new contract awards of $476.7 million.