Filing Flows › Amplify Energy (AMPY) › Q1 2025
Amplify Energy (AMPY) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Amplify Energy (AMPY) reported revenue of $72.0M for the first quarter 2025 (Q1 2025), -6% from a year earlier and +4% from the quarter before. Operating margin was -5.5%, net loss $5.9M (8.1% of revenue).
Amplify Energy, Q1 2025: revenue $72.0M (-6% year over year), operating margin -5.5%, net loss $5.9M, operating cash flow $25.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.0M | +4% | -6% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$5.9M | — | — |
| Operating cash flow | $25.5M | +105% | +231% |
| Free cash flow | $602K | — | — |
What changed
Revenue was $72.0M in Q1 2025, down 6% year over year and up 4% from the previous quarter. Oil and Gas was the largest line at 98% of revenue. Oil and Gas lost $5.0M year over year (down 7%), 117% of the total change.
Operating costs exceeded revenue by $4.0M, an operating margin of -5.5%. Total costs fell 11% while revenue fell 6%. The fastest-growing cost line was General & admin (+10%). The quarter ended with a net loss of $5.9M, narrower than the previous quarter's $7.4M loss. Net interest and other expense of $3.4M was the main reason.
Operating cash flow was $25.5M (up 231% year over year). Non-cash charges added back $8.5M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $21.0M. Capital expenditures of $24.9M left free cash flow of $602K.
Questions
What was Amplify Energy's revenue in the first quarter 2025?
Amplify Energy (AMPY) reported revenue of $72.0M for the first quarter 2025 (Q1 2025), -6% from a year earlier and +4% from the quarter before.
Was Amplify Energy profitable in the first quarter 2025?
Operating loss was $4.0M (-5.5% of revenue) and net loss $5.9M.
Source: Amplify Energy 10-Q on SEC EDGAR.