ERock Fulfills 470-Megawatt Equipment Order from Anthropic and Extends Production Through 2028
Key Facts
In a disclosure dated August 11, 2026, ERock said it fulfilled an equipment purchase order for 470 megawatts from Anthropic, with production commitments extending through 2028. The disclosure described the transaction as an equipment order, while the company said it lifted contracted and backlogged power systems sales to about $1.7 billion in the second quarter. The year-over-year increase in that backlog was tenfold, according to the company. The equipment includes RockBlock generators to provide bridge power before permanent utility infrastructure is available, according to material ERock republished about a television report. The disclosure comes amid expanding demand for the power supplies needed by artificial intelligence data centers.
Chief Executive John Carrington said the company secured Anthropic’s 470-megawatt order, lifting the backlog to about $1.7 billion. He added that demand for reliable, fast utility power is accelerating. Company figures show the backlog rose from about $200 million in the second quarter of 2025 to about $1.3 billion in the first quarter of 2026, then to about $1.7 billion in the second quarter. The reported increase was tenfold year over year, according to an ERock statement. The new order is part of rapid growth in the value of contracted sales, while retaining its formal description as an equipment purchase order.
RockBlock generators are used to provide bridge power before permanent utility infrastructure is complete, according to material ERock published about CNBC coverage. That role means the generators are intended to fill the period before permanent supply becomes available, according to the company’s description of the equipment. In a separate project supporting Meta’s data center campus, ERock began construction of a 366-megawatt generation facility for El Paso Electric, according to the disclosure. Material the company published about the Houston Business Journal said the El Paso Electric project could begin operating in about 15 months, compared with an estimated five-year wait for a grid connection. That timeline applies to the separate project; the disclosure does not specify an operating date for Anthropic’s equipment.
On production capacity, ERock began assembly operations at its Hyperion facility in Houston and said the expansion increases its ability to support contracted customer deliveries. The company added that the new Hyperion facility, together with its existing Titan facility, is expected to raise annual assembly capacity to about 1.2 gigawatts by the end of 2026. The company tied its outlook to increased deliveries and installations in the second half of the year. It said it expects to deliver and install significantly more generators to fulfill several large projects. It also expects this to drive strong growth in revenue and adjusted earnings before interest, taxes, depreciation and amortization.
For fiscal 2026, ERock provided guidance for revenue of between $435 million and $465 million, and adjusted earnings before interest, taxes, depreciation and amortization of between $3 million and $9 million. It said the midpoint of the revenue range represents year-over-year growth of about 2.5 times. In second-quarter results, revenue was $39.878 million, compared with $31.736 million in the first quarter and $68.458 million in the second quarter of 2025. Power systems sales were $26.514 million in the second quarter, compared with $15.922 million in the first quarter and $57.396 million in the same period a year earlier. The results show a year-over-year decline in second-quarter revenue and power systems sales, despite the expansion of the contracted backlog.
The company recorded a net loss of $67.719 million in the second quarter of 2026, compared with a loss of $17.212 million in the first quarter and a loss of $7.985 million in the second quarter of 2025. On June 30, 2026, it had unrestricted cash of $626.6 million and no outstanding debt, while it had an undrawn $250 million credit facility. In market activity, ERock said, citing The Wall Street Journal, that its shares rose about 23% after the Anthropic order was announced in August. EL7 data showed the stock closed at $8.25 on November 9, 2026. Daily closes were $8.96 on November 3, $7.94 on November 4, $6.64 on November 5 and $7.12 on November 6, before the close at $8.25 on November 9.
ERock said it will report results for the third quarter, ended September 30, 2026, before the market opens on November 12. The company is scheduled to hold its earnings call at 8:30 a.m. Eastern Time that day. The date follows the company’s forecast for activity to accelerate in the second half of 2026. The upcoming quarterly results will provide an update on the company’s performance after the second quarter, when revenue was $39.878 million and the net loss was $67.719 million. Anthropic’s order remains part of production commitments extending through 2028, according to the August disclosure.