Q2 2026 Archer Ltd Earnings Call Transcript

Aug 13, 2026 / 07:00 AM GMT

Transcript

Key Points

Positve

Record quarterly EBITDA of $44.9 million with a margin of 17.1%, up from 14.1% in the same quarter last year.
Backlog increased to $3.9 billion, providing strong earnings visibility for 2027 and beyond.
Adjusted EBITDA grew approximately 14% year-on-year, outperforming peers who saw an average decline of 8%.
Secured a major integrated P&A contract in the UK covering 260 wells, strengthening strategic positioning.
Land drilling in Argentina showed strong growth with EBITDA up 225% year-on-year and a 25% margin.
Continued shareholder returns with a 10% direct yield, among the highest in the peer group.

Negative

Revenue declined in platform operations by 20% year-on-year due to loss of Brazil operations and no modular rig activity.
Norway operations were impacted by labor disputes, resulting in a loss of approximately $1 million of EBITDA in June.
The Cullin floating wind project experienced challenges, delays, and additional costs, leading to disputes with a major subcontractor.
Net interest-bearing debt increased to approximately $489 million due to working capital build-up and investment in growth.
Reported net profit was only $0.2 million for the quarter, despite record EBITDA, due to exceptional items and other costs.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ARCHA.OL - Archer Ltd
Q2 2026 Archer Ltd Earnings Call
Aug 13, 2026 / 07:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello, everyone. Thank you for joining us and welcome to the Archer second quarter 2026 earnings release call. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Doug Skinflow, CEO. Doug, please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you, Trevor. Good morning and thank you for joining Archer's second quarter 2026 results presentation. I am Doug Skindlow, CEO of Archer, and I am joined

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.