Filing Flows

Filing Flows › Battalion Oil (BATL) › Q2 2026 › vs Q2 2025

Battalion Oil (BATL) Q2 2026 vs Q2 2025 (year over year)

Battalion Oil's revenue rose $5.3M (+12%) from $42.8M in Q2 2025 to $48.1M in Q2 2026. Operating margin 14.1% against -0.4% (+14.4 pts).

Battalion Oil, Q2 2026: revenue $48.1M (+12% year over year), operating margin 14.1%, net earnings $15.5M, operating cash flow $8.8M. The chart draws each line against Q2 2025, the increases inside each band.

Battalion Oil: what changed, Q2 2026 vs Q2 2025Battalion Oil: what changed, Q2 2026 vs Q2 2025Capital expenditures−$29.1MFree cash flow (OCF − capex)$27.7MWorking capital & other$12.1MPre-tax earnings$10.7MNet earnings$10.7MOperating profit$6.9MOther income, net$3.8MOther operating costs−$3.1MCosts & expenses−$1.6MGeneral & admin$1.5M

Margins

Q2 2026Q2 2025Change
Operating margin14.1%-0.4%+14.4 pts
Net margin32.2%11.2%+21.0 pts
Free cash flow margin9.5%-53.9%+63.4 pts

Every line

LineQ2 2026Q2 2025Change%
Revenue$48.1M$42.8M$5.3M+12%
Other income, net$8.7M$4.9M$3.8M+76%
Operating profit$6.8M−$153K$6.9M—
Costs & expenses$41.3M$43.0M−$1.6M-4%
Pre-tax earnings$15.5M$4.8M$10.7M+223%
General & admin$4.1M$2.6M$1.5M+58%
Other operating costs$37.3M$40.4M−$3.1M-8%
Net earnings$15.5M$4.8M$10.7M+223%
Working capital & other$6.7M−$5.4M$12.1M—
Operating cash flow$8.8M$10.2M−$1.4M-14%
Free cash flow (OCF − capex)$4.6M−$23.1M$27.7M—
Capital expenditures$4.2M$33.3M−$29.1M-87%

Questions

How much did Battalion Oil's revenue grow year over year in Q2 2026?

Battalion Oil's revenue rose $5.3M (+12%) from $42.8M in Q2 2025 to $48.1M in Q2 2026. Operating margin 14.1% against -0.4% (+14.4 pts).

Q2 2026 results → · Compare in the interactive Sankey →