EROC · ERock, Inc.
Price & Indicators
The closing range uses available history since Jun 10, 2026; less than a full year is stored.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 12, 2026TL;DR. ERock posted a record $1.7 billion contracted backlog (up 10x year-over-year), secured a 470 MW Anthropic order, completed its IPO raising ~$400 million, and initiated 2026 guidance of $435–465 million revenue and $3–9 million adjusted EBITDA, though Q2 results showed a wider net loss of $67.7 million driven by a non-recurring $48.8 million debt extinguishment charge.
- + Contracted power system sales backlog reached a record ~$1.7 billion, up roughly 10x year-over-year.
- + Secured a 470 MW equipment purchase order from Anthropic, extending production commitments into 2028.
- + IPO completed June 11, 2026, raising ~$400 million in gross proceeds, ending Q2 with $626.6 million unrestricted cash, no outstanding debt, and an undrawn $250 million credit facility.
- + Began operations at the Hyperion Houston assembly facility, targeting ~1.2 GW annual capacity by year-end at only ~$15 million in additional capex.
- − Q2 net loss widened to $67.7 million versus a $7.985 million loss a year ago, driven by a non-recurring $48.8 million debt extinguishment charge.
- − Ongoing services revenue fell 15% sequentially to $13.3 million, with management warning of continued lumpiness from campaign work.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA Margin non-GAAP | -35.1% | Three Months Ended June 30, 2026 filing | — |
| Adjusted EBITDA non-GAAP | -26.89M | Six Months Ended June 30, 2026 | — |
| Adjusted Gross Margin non-GAAP | 22.2% | Q2 2026 | — |
| Adjusted Gross Profit non-GAAP | 12.62M | Six Months Ended June 30, 2026 | — |
| Annualized Recurring Service Revenue | $23.6M | Q2 2026 | — |
| Contracted Power System Sales Backlog | 1.7B | Q2 2026 | — |
| Installed Base (MW) | 1,104 | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Specialty Industrial Machinery — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
EROC
this stock
ERock, Inc.
|
$2.72B | — | — | — | 4.2% |
|
GEV
GE Vernova Inc.
|
$265.35B | +52.6% | +9.0% | 28.6 | 3.3% |
|
ETN
Eaton Corp plc
|
$168.02B | +35.4% | +10.3% | 44.1 | 2.0% |
|
SMERY
Siemens Energy AG/ADR
|
$137.54B | — | — | — | 0.0% |
|
PH
Parker-Hannifin Corp
|
$120.10B | +8.4% | +18.9% | 33.5 | 1.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| EROC | +6.7% | +3.2% | — | +6.7% | — |
| SPY | +1.9% | +1.9% | +10.8% | +1.9% | +14.0% |
| vs SPY | +4.8% | +1.3% | — | +4.8% | — |