Filing Flows › Chord Energy (CHRD) › Q2 2026 › vs Q2 2025
Chord Energy (CHRD) Q2 2026 vs Q2 2025 (year over year)
Chord Energy's revenue rose $992M (+84%) from $1.2B in Q2 2025 to $2.2B in Q2 2026. The biggest changes: Oil and Gas +$544M (+57%); Oil and Gas, Purchased +$448M (+195%). Operating margin 27.7% against -34.2% (+61.9 pts).
Chord Energy, Q2 2026: revenue $2.2B (+84% year over year), operating margin 27.7%, net earnings $525M, operating cash flow $1.1B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 27.7% | -34.2% | +61.9 pts |
| Net margin | 24.2% | -33.0% | +57.2 pts |
| Free cash flow margin | 32.8% | 2.1% | +30.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Crude oil revenues | $1.4B | $879M | $536M | +61% |
| Purchased crude oil sales | $669M | $225M | $444M | +198% |
| NGL and natural gas revenues | $79.3M | $71.3M | $8.0M | +11% |
| Purchased natural gas sales | $9.4M | $5.5M | $3.9M | +72% |
| Oil and Gas | $1.5B | $950M | $544M | +57% |
| Oil and Gas, Purchased | $678M | $230M | $448M | +195% |
| Revenue | $2.2B | $1.2B | $992M | +84% |
| Other income, net | $84.5M | $67.5M | $17.0M | +25% |
| Operating profit | $603M | −$403M | $1.0B | — |
| Costs & expenses | $1.6B | $1.6B | −$13.8M | -0.9% |
| Pre-tax earnings | $687M | −$336M | $1.0B | — |
| Cost of revenue | $672M | $232M | $440M | +190% |
| General & admin | $29.9M | $32.5M | −$2.6M | -8% |
| Other operating costs | $868M | $1.3B | −$451M | -34% |
| Net earnings | $525M | −$390M | $915M | — |
| Income tax | $162M | $54.2M | $108M | +199% |
| Depreciation & amortization | $409M | $377M | $32.2M | +9% |
| Share-based compensation | $8.8M | $6.1M | $2.7M | +43% |
| Working capital & other | $173M | $427M | −$254M | -59% |
| Operating cash flow | $1.1B | $420M | $696M | +166% |
| Free cash flow (OCF − capex) | $712M | $24.3M | $688M | 29× |
| Capital expenditures | $404M | $395M | $8.7M | +2% |
Questions
How much did Chord Energy's revenue grow year over year in Q2 2026?
Chord Energy's revenue rose $992M (+84%) from $1.2B in Q2 2025 to $2.2B in Q2 2026.
What drove Chord Energy's revenue change in Q2 2026?
Oil and Gas +$544M (+57%); Oil and Gas, Purchased +$448M (+195%).