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Atlas Energy Solutions AESI Product — Cost Of Revenue

Other product segments

Service
$490.3M+6.0%
Rental
$21.7M

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Other financials

Income statement

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Revenue$293.2M+1.6%
Gross profit$71.9M-22.5%
Operating income-$22.5M-413%
Net income-$25.1M-352%
EPS (diluted)-$0.20-400%

Balance sheet

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Cash & equivalents$168.2M+113%
Total debt$1.0B+89.9%
Total equity$1.1B-12.5%
Total assets$2.6B+13.7%

Cash flow

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Operating cash flow$19.0M+355%
CapEx$153.8M+282%
Free cash flow-$154.4M

Valuation

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Market cap$1.38B-7.8%
Enterprise value$2.26B+14.7%
P/S1.3×0.0×

Profitability

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Gross margin23.4%-6.2pp
Operating margin-8.3%-14.2pp
Net margin-11.1%-12.3pp
FCF margin-17.2%

Returns & leverage

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Return on equity-9.9%-11.1pp
Debt / equity0.9×+0.5×
Current ratio1.8×+0.3×

Where this comes from

Reported directly by Atlas Energy Solutions in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Atlas Energy Solutions’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:25 PM EST
Fiscal year
FY2025
Accession
0001193125-26-067145

Cost of sales, excluding depreciation, depletion and accretion expense, related to product revenue primarily consists of the cost to produce product, including direct and indirect labor, employee housing costs, excavation costs, rental equipment, maintenance expense, utilities, natural gas and royalty expense. Product related costs were $272.5 million, $262.7 million, and $131.8 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Atlas Energy Solutions's product — cost of revenue?
Atlas Energy Solutions (AESI) reported product — cost of revenue of $68.13M in Q4 2025.
How has Atlas Energy Solutions's product — cost of revenue changed year-over-year?
Atlas Energy Solutions's product — cost of revenue increased by 3.7% year-over-year, from $65.68M to $68.13M.
What is the long-term trend for Atlas Energy Solutions's product — cost of revenue?
Over 4 years (2021 to 2025), Atlas Energy Solutions's product — cost of revenue has grown at a 47.4% compound annual growth rate (CAGR), from $57.8M to $272.5M.
What does product — cost of revenue mean?
This metric captures the direct costs attributable to the production and delivery of physical goods sold by the company, including raw material extraction, processing, and logistics expenses. It reflects the operational efficiency and cost structure of the product segment's supply chain. Monitoring this metric is essential for evaluating gross margin performance and the impact of input cost fluctuations on profitability.

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