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Amplify Energy (AMPY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

Amplify Energy (AMPY) reported revenue of $52.7M for the second quarter 2026 (Q2 2026), -23% from a year earlier and +41% from the quarter before. Operating margin was 44.1%, net earnings $17.3M (32.8% of revenue).

Revenue$52.7M
Year over year-23%
Quarter over quarter+41%
Operating margin44.1%
Net earnings$17.3M

Amplify Energy, Q2 2026: revenue $52.7M (-23% year over year), operating margin 44.1%, net earnings $17.3M, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$52.7M+41%-23%
Operating profit$23.2M—+85%
Net earnings$17.3M—+171%
Operating cash flow$2.8M-37%-88%

What changed

Revenue was $52.7M in Q2 2026, down 23% year over year and up 41% from the previous quarter. Oil and Gas was the largest line at 100% of revenue. Oil and Gas lost $14.2M year over year (down 21%), 91% of the total change.

Operating profit was $23.2M, a 44.1% margin (up 25.7 points year over year). Total costs fell 47% while revenue fell 23%. Net earnings were $17.3M, up 171% year over year. The effective tax rate was 25.4%.

Operating cash flow was $2.8M (down 88% year over year), 16% of net earnings. Non-cash charges added back $4.9M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $20.6M. Capital expenditures of $23.2M exceeded it, leaving free cash flow of −$20.3M.

Questions

What was Amplify Energy's revenue in the second quarter 2026?

Amplify Energy (AMPY) reported revenue of $52.7M for the second quarter 2026 (Q2 2026), -23% from a year earlier and +41% from the quarter before.

Was Amplify Energy profitable in the second quarter 2026?

Operating profit was $23.2M (44.1% of revenue) and net earnings $17.3M.

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Source: Amplify Energy 10-Q on SEC EDGAR.