STABILIS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS (Form 8-K)

STABILIS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2025 RESULTS

Houston, March 4, 2026 - Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq: SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions, today announced financial results for the fourth quarter and full year ended December 31, 2025.

FOURTH QUARTER 2025 HIGHLIGHTS

FULL YEAR 2025 HIGHLIGHTS

MANAGEMENT COMMENTARY

"The fourth quarter marked the successful completion of several multi-year contracts within our marine bunkering and power-generation markets," stated Casey Crenshaw, Executive Chairman and Interim President & Chief Executive Officer. "As anticipated, the wind-down of these projects was reflected in our financial results and negatively impacted revenues in the fourth quarter by approximately 28%. Looking ahead to 2026 and beyond, we have a solid foundation and clear line of sight to significant new opportunities as our organization positions itself for the next phase of growth."

"Across our end-markets, commercial demand remains strong, supported by accelerating energy requirements in power generation, in support of data centers," continued Crenshaw. "Our recently awarded multi-year take or pay LNG supply agreement, a contract with an estimated value of approximately $200 million supporting behind the meter power generation, gives us firm visibility into material revenue expansion beginning in early 2027. We are also in active discussions with additional data center customers which reinforces our confidence in the long-term scalability and profitability of our platform."

"We are finalizing project financing for our Galveston LNG liquefaction and bunkering project alongside our advisors," noted Crenshaw. "A Final Investment Decision is expected by the end of the first quarter of 2026. We remain focused on disciplined execution, maintaining balance sheet flexibility, and investing in the infrastructure required to meet strong customer demand and drive long-term shareholder value creation."

FINANCIAL PERFORMANCE SUMMARY

Revenue for the fourth quarter of 2025 was $13.3 million, a decrease of 23.3% compared to the fourth quarter of 2024. The decrease in revenue compared to the prior year period was primarily attributable to the completion of contracts in the marine and power generation sectors, partly offset by higher commodity prices and growth in the aerospace and industrial sector volumes.

Net loss for the fourth quarter of 2025 was ($0.3) million, or ($0.01) per diluted share, compared to net income of $2.1 million, or $0.11 per diluted share, in the fourth quarter of 2024. When compared to the prior year period, the net loss reflects lower revenues and a $0.4 million increase in selling, general and administrative expenses.

Cash flow from operations was $0.7 million for the fourth quarter of 2025, compared to $2.2 million in the fourth quarter of last year, primarily reflecting the decrease in profitability relative to the prior year period. Adjusted EBITDA (a non-GAAP financial measure) for the fourth quarter of 2025 was $1.5 million, compared to $4.0 million, in the year ago quarter. The decrease in Adjusted EBITDA year-over-year is primarily attributable to the completion of large multi-year contracts during the fourth quarter of 2025.

FOURTH QUARTER 2025 CONFERENCE CALL AND WEBCAST

Stabilis will host a conference call on Thursday March 5, 2026, at 9:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session.

A webcast of the conference call will be available in the Investor Relations section of the Company's corporate website at https://investors.stabilis-solutions.com/events. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.

To participate in the live teleconference:

To listen to a replay of the teleconference, which will be available through March 12, 2026:

ABOUT STABILIS SOLUTIONS

Stabilis Solutions is a leading provider of clean fueling, production, storage, and last mile delivery solutions to multiple end markets. To learn more, visit www.stabilis-solutions.com.