Filing Flows › Battalion Oil (BATL) › How it makes money
How Battalion Oil (BATL) makes money
Battalion Oil (BATL) made $48.1M of revenue in the second quarter 2026 (Q2 2026), +12% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 32¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $48.1M | 100.0% |
| Operating profit | $6.8M | 14.1% |
| Net earnings | $15.5M | 32.2% |
| Operating cash flow | $8.8M | 18.2% |
| Free cash flow | $4.6M | 9.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $48.1M | +12% |
| Q1 2026 | $39.2M | -18% |
| Q4 2025 | $32.3M | -35% |
| Q3 2025 | $43.5M | -4% |
| Q2 2025 | $42.8M | -13% |
| Q1 2025 | $47.5M | -5% |
| Q4 2024 | $49.7M | +5% |
From Battalion Oil's 10-Q filed Aug 12, 2026 (on EDGAR).
Questions
How does Battalion Oil make money?
Battalion Oil (BATL) made $48.1M of revenue in the second quarter 2026 (Q2 2026), +12% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 32¢ was left as net earnings.
What is Battalion Oil's profit margin?
Net earnings were $15.5M, 32.2% of revenue, in the second quarter 2026; the operating margin was 14.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.