Filing Flows › Vaalco Energy (EGY) › Q3 2026
Vaalco Energy (EGY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Vaalco Energy (EGY) reported revenue of $147M for the third quarter 2026 (Q3 2026), +141% from a year earlier and +9% from the quarter before. Operating margin was 30.1%, net loss $39.8M (27.1% of revenue).
Vaalco Energy, Q3 2026: revenue $147M (+141% year over year), operating margin 30.1%, net loss $39.8M, operating cash flow $55.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $147M | +9% | +141% |
| Operating profit | $44.3M | +2% | 49× |
| Net earnings | −$39.8M | -194% | -3718% |
| Operating cash flow | $55.3M | -25% | +236% |
What changed
Revenue was $147.0M in Q3 2026, up 141% year over year and up 9% from the previous quarter. Gabon was the largest line at 50% of revenue. Gabon added $52.6M year over year (up 247%), 61% of the total change.
Operating profit was $44.3M, a 30.1% margin (up 28.7 points year over year). Of the extra revenue versus Q3 2025, 50% reached operating profit, above the 1% margin then. Total costs grew 71% against revenue growth of 141%. The fastest-growing cost line was Other operating costs (+83%). The quarter ended with a net loss of $39.8M, after a profit of $42.4M the previous quarter. Net interest and other expense of $63.8M was the main reason.
Operating cash flow was $55.3M (up 236% year over year). Non-cash charges added back $43.4M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $50.2M.
Questions
What was Vaalco Energy's revenue in the third quarter 2026?
Vaalco Energy (EGY) reported revenue of $147M for the third quarter 2026 (Q3 2026), +141% from a year earlier and +9% from the quarter before.
Was Vaalco Energy profitable in the third quarter 2026?
Operating profit was $44.3M (30.1% of revenue) and net loss $39.8M.
Source: Vaalco Energy 10-Q on SEC EDGAR.