Filing Flows › Amplify Energy (AMPY) › Q1 2026
Amplify Energy (AMPY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Amplify Energy (AMPY) reported revenue of $37.5M for the first quarter 2026 (Q1 2026), -48% from a year earlier and -34% from the quarter before. Operating margin was -131.6%, net loss $38.1M (101.7% of revenue).
Amplify Energy, Q1 2026: revenue $37.5M (-48% year over year), operating margin -131.6%, net loss $38.1M, operating cash flow $4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $37.5M | -34% | -48% |
| Operating profit | −$49.3M | -152% | — |
| Net earnings | −$38.1M | -159% | — |
| Operating cash flow | $4.5M | — | -82% |
What changed
Revenue was $37.5M in Q1 2026, down 48% year over year and down 34% from the previous quarter. Oil and Gas was the largest line at 99% of revenue. Oil and Gas lost $33.1M year over year (down 47%), 96% of the total change.
Operating costs exceeded revenue by $49.3M, an operating margin of -131.6%. Total costs grew 14% against a revenue fall of 48%. The fastest-growing cost line was Other operating costs (+27%). The quarter ended with a net loss of $38.1M, after a profit of $64.4M the previous quarter.
Operating cash flow was $4.5M (down 82% year over year). Non-cash charges added back $5.7M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $34.9M. Capital expenditures of $19.0M exceeded it, leaving free cash flow of −$14.5M.
Questions
What was Amplify Energy's revenue in the first quarter 2026?
Amplify Energy (AMPY) reported revenue of $37.5M for the first quarter 2026 (Q1 2026), -48% from a year earlier and -34% from the quarter before.
Was Amplify Energy profitable in the first quarter 2026?
Operating loss was $49.3M (-131.6% of revenue) and net loss $38.1M.
Source: Amplify Energy 10-Q on SEC EDGAR.