Filing Flows › Battalion Oil (BATL) › Q2 2026
Battalion Oil (BATL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Battalion Oil (BATL) reported revenue of $48.1M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +23% from the quarter before. Operating margin was 14.1%, net earnings $15.5M (32.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.1M | +23% | +12% |
| Operating profit | $6.8M | — | — |
| Net earnings | $15.5M | — | +223% |
| Operating cash flow | $8.8M | +317% | -14% |
| Free cash flow | $4.6M | — | — |
What changed
Revenue was $48.1M in Q2 2026, up 12% year over year and up 23% from the previous quarter.
Operating profit was $6.8M, a 14.1% margin (up 14.4 points year over year). Total costs fell 4% while revenue rose 12%. The fastest-growing cost line was General & admin (+58%). Net earnings were $15.5M, up 223% year over year. The effective tax rate was 0.0%. Non-operating items added $8.7M, 56% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $8.8M (down 14% year over year), 57% of net earnings. Working capital and other items used $6.7M. Capital expenditures of $4.2M left free cash flow of $4.6M.
Questions
What was Battalion Oil's revenue in the second quarter 2026?
Battalion Oil (BATL) reported revenue of $48.1M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +23% from the quarter before.
Was Battalion Oil profitable in the second quarter 2026?
Operating profit was $6.8M (14.1% of revenue) and net earnings $15.5M.
Source: Battalion Oil 10-Q on SEC EDGAR.