Enaex (ENAEX) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026, reached $1,277.7 million, up from $1,009.5 million year-over-year.

• Net income attributable to owners was $102.3 million, compared to $88.0 million for the same period last year.

• The group operates globally, with significant expansion in Latin America, Africa, and Australia, and recent acquisitions in digital mining and blasting services.

Financial highlights

• Gross profit increased to $285.6 million from $245.7 million year-over-year.

• Operating income rose to $160.9 million from $140.2 million year-over-year.

• Basic and diluted EPS for the period was $0.897, up from $0.771 year-over-year.

• Cash and cash equivalents at period end were $284.9 million, down from $294.4 million at the start of the year.

• Net cash from operating activities was $101.6 million, up from $97.6 million year-over-year.

Outlook and guidance

• The company continues to focus on global expansion and digital transformation, with recent acquisitions supporting growth in mining technology and services.