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Ridgewood Energy O Fund LLC earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 3, 2026

Q3 2026 Revenue up 56% year over year to $1.8M · 45¢ of every $1 of revenue kept as net profit · operating margin 42.0%

Ridgewood Energy O Fund LLC made $1.8M in Q3 2026 (+56% Y/Y). Operating margin 42.0%, net earnings $818K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.

Revenue$1.8M
Year over year+56%
Operating margin42.0%
Net earnings$818K
Operating cash flow$636K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $1.8M in Q3 2026, up 56% year over year and down 6% from the previous quarter.

Operating profit was $757K, a 42.0% margin (up 56.3 points year over year). Total costs fell 21% while revenue rose 56%. Net earnings were $818K. The effective tax rate was 0.0%.

Operating cash flow was $636K (up 330% year over year), 78% of net earnings. Working capital and other items used $182K. Capital expenditures of $447K left free cash flow of $189K.

Quarterly history

Ridgewood Energy O Fund LLC revenue by quarterRidgewood Energy O Fund LLC revenue by quarter$1.5MQ1 2025$1.3MQ2 2025$1.2MQ3 2025$1.2MQ4 2025$1.3MQ1 2026$1.9MQ2 2026$1.8MQ3 2026
Ridgewood Energy O Fund LLC net earnings by quarterRidgewood Energy O Fund LLC net earnings by quarter$444KQ1 2025$216KQ2 2025−$103KQ3 2025$195KQ4 2025$396KQ1 2026$1.0MQ2 2026$818KQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 3, 2026$1.8M+56%42.0%$818K$636K
Q2 202610-QAug 6, 2026$1.9M+45%50.1%$1.0M$1.6M
Q1 202610-QMay 5, 2026$1.3M-16%26.6%$396K$468K
Q4 202510-KFeb 26, 2026$1.2M-18%10.4%$195K$667K
Q3 202510-QNov 4, 2025$1.2M-33%-14.3%−$103K$148K
Q2 202510-QAug 7, 2025$1.3M-37%11.6%$216K$1.1M
Q1 202510-QMay 5, 2025$1.5M-14%25.7%$444K$704K

Charts

Ridgewood Energy O Fund LLC: revenue growth, year over year and quarter over quarterRidgewood Energy O Fund LLC: revenue growth, year over year and quarter over quarterY/YQ/Q-14%Q1 2025-37%-11%Q2 2025-33%-12%Q3 2025-18%+7%Q4 2025-16%+1%Q1 2026+45%+54%Q2 2026+56%-6%Q3 2026
Latest (Q3 2026): Y/Y +56%, Q/Q -6%.
Ridgewood Energy O Fund LLC: where the cash came from (+) and went (−), TTM to Q3 2026Ridgewood Energy O Fund LLC: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$3.4MOther financing−$3.0MOther investing−$894KCash drawn (+) / kept (−)$493K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Ridgewood Energy O Fund LLC: profit against cash, quarter by quarterRidgewood Energy O Fund LLC: profit against cash, quarter by quarterNet incomeOperating cash flow$454K$988KQ4 2024$444K$704KQ1 2025$216K$1.1MQ2 2025−$103K$148KQ3 2025$195K$667KQ4 2025$396K$468KQ1 2026$1.0M$1.6MQ2 2026$818K$636KQ3 2026
Latest (Q3 2026): Net income $818K, Operating cash flow $636K.
Ridgewood Energy O Fund LLC in its industry: growth against margin (11 companies, SIC 1382)Ridgewood Energy O Fund LLC in its industry: growth against margin (11 companies, SIC 1382)revenue growth, year over year →↑ operating marginmedian +52%median 33%DWSNRidgewood Energy y Fund LLCRidgewood Energy X Fund, LLCRidgewood Energy U Fund LLCRidgewood Energy W Fund LLCRidgewood Energy Q Fund LLCRidgewood Energy V Fund LLCRidgewood Energy S Fund LLCRidgewood Energy T Fund LLCRidgewood Energy A-1 Fund LLCRidgewood Energy O Fund LLC (+56%, 42%)
Oil & Gas Field Exploration Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Ridgewood Energy O Fund LLC

The Fund is a Delaware limited liability company (“LLC”) formed on December 21, 2004 to primarily acquire interests in oil and natural gas properties located in the United States offshore waters of Texas, Louisiana and Alabama in the Gulf of Mexico. The Fund initiated its private placement offering on February 16, 2005, selling whole and fractional shares of LLC membership interests (“Shares”), primarily at $150 thousand per whole Share. There is no public market for the Shares and one is not likely to develop. In addition, the Shares are subject to material restrictions on transfer and resale and cannot be transferred or resold except in accordance with the Fund’s limited liability company agreement (the “LLC Agreement”) and applicable federal and state securities laws. The private placement offering was terminated on August 31, 2005.

In its own words, from its 10-K, filed Feb 26, 2025.

Ridgewood Energy O Fund LLC against its Oil & Gas Field Exploration Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +56% against the peers' median +52%. Operating margin: 42.0% against the peers' median 33.3%.

CompanyQuarterRevenueY/YOp. margin
Ridgewood Energy O Fund LLCQ3 2026$1.8M+56%42.0%
DWSN Dawson GeophysicalQ2 2026$17.9M+82%-16.9%
Ridgewood Energy y Fund LLCQ3 2026$1.6M+57%46.0%
Ridgewood Energy X Fund, LLCQ3 2026$943K+60%45.6%
Ridgewood Energy W Fund LLCQ3 2026$889K+52%29.0%
Ridgewood Energy Q Fund LLCQ3 2026$698K+52%39.4%
Ridgewood Energy V Fund LLCQ3 2026$574K+51%33.3%
Ridgewood Energy S Fund LLCQ3 2026$518K+51%30.9%
Ridgewood Energy T Fund LLCQ3 2026$487K+51%31.2%

Source: Ridgewood Energy O Fund LLC 10-Q on SEC EDGAR · CIK 1315061 · Oil & Gas Field Exploration Services