Filing Flows › Diversified Energy (DEC) › Q3 2026
Diversified Energy (DEC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Diversified Energy (DEC) reported revenue of $109M for the third quarter 2026 (Q3 2026), -78% from a year earlier and -87% from the quarter before. Operating margin was -216.8%, net loss $202M (186.4% of revenue).
Diversified Energy, Q3 2026: revenue $109M (-78% year over year), operating margin -216.8%, net loss $202M, operating cash flow $136M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | -87% | -78% |
| Operating profit | −$235M | -150% | — |
| Net earnings | −$202M | -182% | — |
| Operating cash flow | $136M | +53% | +16% |
| Free cash flow | $96.5M | — | +40% |
What changed
Revenue was $108.5M in Q3 2026, down 78% year over year and down 87% from the previous quarter.
Operating costs exceeded revenue by $235.3M, an operating margin of -216.8%. Total costs grew 8% against a revenue fall of 78%. The quarter ended with a net loss of $202.2M, after a profit of $247.6M the previous quarter.
Operating cash flow was $135.8M (up 16% year over year). Non-cash charges added back $105.1M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items added $227.8M. After capital expenditures ($39.3M), free cash flow as the company reports it was $96.5M.
Questions
What was Diversified Energy's revenue in the third quarter 2026?
Diversified Energy (DEC) reported revenue of $109M for the third quarter 2026 (Q3 2026), -78% from a year earlier and -87% from the quarter before.
Was Diversified Energy profitable in the third quarter 2026?
Operating loss was $235M (-216.8% of revenue) and net loss $202M.
Source: Diversified Energy 10-Q on SEC EDGAR.