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Vivakor Q1 2026 profit rises 20% with improved margins despite revenue drop

Company Fundamentals
09 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

Vivakor reported a 20% increase in gross profit to $5.7 million for Q1 2026, with gross margin improving to 29.4% from 12.7% a year earlier. Revenue fell to $19.5 million due to divestitures of non-core operations, but operating expenses dropped significantly to $8.1 million. The company focused on higher-margin midstream and trading activities, resulting in a reduced net loss of $4.6 million compared to $7.5 million previously. Vivakor continues to prioritize operational efficiency and capital management as it advances its energy transportation and remediation services.

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