Energy Services of America Corporation filed its Form 10-Q for the quarterly period ended June 30, 2026, disclosing nine-month revenue of $337,291,570 and a swing to profitability compared with the same period a year earlier.

Key Highlights

  • Nine-month revenue: $337,291,570 for the nine months ended June 30, 2026, up from $280,926,850 in the comparable prior-year period, according to the filing.
  • Nine-month net income: $6,207,688 for the nine months ended June 30, 2026, compared with a net loss of $3,863,056 in the nine months ended June 30, 2025.
  • Third-quarter revenue: $130,005,928 for the three months ended June 30, 2026, versus $103,601,585 for the three months ended June 30, 2025.
  • Earnings per share (diluted): $0.35 for the nine-month period ended June 30, 2026, compared with a loss of $0.23 in the prior-year nine-month period.
  • Total assets: $219,533,372 at June 30, 2026, compared with $215,207,056 at September 30, 2025.
  • Long-term debt reduction: Long-term debt, less current maturities, decreased to $25,825,719 at June 30, 2026, from $50,256,031 at September 30, 2025.
  • Shares outstanding: 18,659,181 shares of common stock were outstanding as of August 7, 2026, the filing reported.

Energy Services of America: Nine-Month Profitability and Balance Sheet Changes

Energy Services of America Corporation (NASDAQ: ESOA), headquartered in Huntington, West Virginia, reported a return to profitability in its unaudited consolidated financial statements for the nine months ended June 30, 2026. According to the filing, revenue increased to $337,291,570 from $280,926,850 in the same nine-month period of the prior fiscal year. Gross profit for the nine-month period was $38,543,353, compared with $22,324,040 in the prior-year period. Income from operations was $10,603,096 versus a loss from operations of $3,278,213 in the nine months ended June 30, 2025.

For the three months ended June 30, 2026, the company reported revenue of $130,005,928 and net income of $3,286,659, compared with revenue of $103,601,585 and net income of $2,081,629 for the same quarter a year earlier, according to the filing. Selling and administrative expenses for the nine-month period were $27,940,257, up from $25,602,253 in the prior-year period. Interest expense for the nine months was $2,098,600, compared with $2,140,686 in the nine months ended June 30, 2025.

On the balance sheet, the filing disclosed that total shareholders' equity increased to $84,084,215 at June 30, 2026, from $59,235,793 at September 30, 2025, with retained earnings of $1,189,042 compared with a retained deficit of $3,216,291 at the prior fiscal year-end. Cash and cash equivalents were $14,679,930 at June 30, 2026, up from $12,241,408 at September 30, 2025. Net cash provided by operating activities for the nine months ended June 30, 2026, was $19,540,286, according to the filing, versus $13,421,957 in the comparable prior-year period.

What Was Disclosed

The filing covered unaudited consolidated financial statements for the nine months and three months ended June 30, 2026, showing increased revenue, a return to net income, reduced long-term debt, and higher shareholders' equity relative to the prior fiscal year-end of September 30, 2025.