Vivakor Q1 2026 gross margin improves to 29.4% despite 48% revenue decline
Vivakor reported Q1 2026 revenue of $19.5 million, down from $37.3 million year-over-year due to 2025 divestitures, but gross profit increased 20% to $5.7 million with margin expansion to 29.4%. The results reflect management's strategic shift toward higher-margin midstream and trading operations, with supply and trading generating $13.6 million in revenue.
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