Anaergia Inc. is a global company that works to turn organic waste into renewable energy resources. It designs, builds, and operates facilities that convert materials like wastewater, food waste, and farm waste into sustainable renewable natural gas and fertilizers. This process helps reduce greenhouse gases and creates sustainable energy solutions.
On May 12, 2026, Anaergia Inc. announced strong financial performance. The company reported revenue of $39.68 million, which was significantly higher than the market's consensus estimate of $30.77 million. Supporting this growth, the company's revenue backlog, which represents future committed revenue, increased by 32% year-over-year to $265.00 million.
The company also surprised analysts with its profitability. Anaergia Inc. reported an earnings per share of $0.00, beating the estimated loss of $0.01 per share. This positive result is backed by its third straight quarter of positive Adjusted EBITDA, a measure of operational profitability, which was $1.10 million.
A look at the company's financial structure analysis shows a negative Debt-to-Equity ratio of -1.40. This typically indicates that a company's total liabilities are greater than its total assets. Additionally, its current ratio of 0.72 suggests it has less short-term assets than short-term liabilities.
In operational news, a subsidiary of Anaergia Inc. received a key regulatory approval from the Canadian government. As highlighted by Business Wire, its Rhode Island facility is the first in the U.S. to get a temporary negative Carbon Intensity score for its renewable natural gas, recognizing its environmental benefits and sustainability under Canada's Clean Fuel Regulations.
