Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services. The company's activities are focused on hazardous waste treatment and disposal within the energy value chain. Vivakor specializes in the remediation of soil and the extraction of hydrocarbons from properties contaminated with heavy crude oil and other hydrocarbon-based substances.
Vivakor Reports Positive Operating Income as Second Quarter Revenue Increases 10% to $32.1 Million
Vivakor reported Q2 revenue of $32.1 million, up 10% year-over-year, driven primarily by the expansion of its Supply & Trading business.
The company returned to positive operating income of approximately $0.2 million, compared to a prior-year loss of $6.8 million, aided by a 43% reduction in operating expenses to $6.5 million.
Gross margin improved to 20.7% from 15.7%, though six-month revenue declined to $51.6 million due to the divestiture of Meridian Equipment Leasing and Equipment Transport in July 2025.