# VTURA Earnings Call Q2 2026

- Press release: Ventura Offshore Holding Ltd.: Presentation of Second Quarter 2026 results (2026-08-28)
- Original: https://storage.mfn.se/3dadc17f-62aa-4c38-b025-e0e6279d8ae1/vtura-earnings-call-q2-2026.pdf
- Local copy: `data/documents/VTURA.OL/attachments/2026-08-28_vtura-earnings-call-q2-2026.pdf`

**TL;DR —** Ventura Offshore reported a strong Q2 2026 with increased revenue and free cash, securing significant contract extensions and strengthening its financial position through bond and RCF extensions, while maintaining high operational uptime.

## Takeaways
- **$973 MM** Firm Revenue Backlog as of June 30, 2026.
- **$105.2 MM** in Free Cash (Liquidity) as of Q2 2026, a significant increase from $37.2 MM in Q1 2026.
- **$59.8 MM** Adjusted Revenue for Q2 2026, up from $56.5 MM in Q1 2026.
- **$21.9 MM** Adjusted EBITDA for Q2 2026, slightly up from $21.5 MM in Q1 2026.
- **98%** Operational Uptime across the fleet.
- **1,955 days** of contract extensions secured across Victoria, Carolina, and Atlantic Zonda.

*Generated 2026-09-08 via google/gemini-2.5-flash*