Vivakor Posts Turnaround Operating Income, Revenue Rises 10% in Q2 FY26

Vivakor Inc., a company listed on NASDAQ under the ticker VIVK, has achieved a significant milestone in its financial performance. In the second quarter of FY26, Vivakor reported an operating income of $0.2 million, marking a turnaround from the $6.8 million loss it suffered in the same period last year.

This improvement coincided with a 10% increase in quarterly revenue, which reached $32.1 million from $29.1 million in the prior-year period. The top-line growth was primarily driven by the expansion of Vivakor's crude oil supply and trading activities.

The company's gross profit increased by 45% to $6.6 million, up from $4.6 million, as its gross margin expanded to 20.7% from 15.7%. This margin improvement reflected better profitability across midstream operations and the continued scaling of Supply & Trading activities.

Vivakor's operational performance has improved significantly, but the company still reported a net loss of $2.8 million, down from $12.5 million previously. However, this resulted in a wider per-share loss of $13.35 compared to $0.30 in the corresponding period of the previous fiscal year.