Vivakor Reports Positive Operating Income as Second Quarter Revenue Increases 10% to $32.1 Million

Dallas, TX, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse and remediation services, today announced financial results for the three and six months ended June 30, 2026, highlighted by second-quarter revenue growth, a 45% increase in second-quarter gross profit and a return to positive operating income.

Second Quarter 2026 Financial Highlights * Revenue increased 10% to $32.1 million, from $29.1 million * Gross profit increased 45% to $6.6 million, from $4.6 million * Gross margin improved to 20.7%, compared to 15.7% Operating expenses decreased 43% to $6.5 million, from $11.4 million * Operating income improved to approximately $0.2 million, compared to an operating loss of $6.8 million * Net loss decreased 78% to $2.8 million, from $12.5 million Six Months Ended June 30, 2026 * Gross profit increased 32% to $12.4 million, from $9.3 million * Operating expenses decreased 35% to $14.6 million, from $22.6 million * Supply & Trading generated $40.0 million of revenue during the first six months of 2026 The improvement in Vivakor’s 2026 results reflects the continued expansion of its Supply & Trading business and improved profitability across its midstream operations. Supply & Trading generated $26.5 million of revenue and approximately $1.1 million of gross profit during the second quarter and $40.0 million of revenue during the first six months of 2026.