Filing Flows › Vaalco Energy (EGY) › Q4 2025
Vaalco Energy (EGY) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 16, 2026
Vaalco Energy (EGY) reported revenue of $91.0M for the fourth quarter 2025 (Q4 2025), -25% from a year earlier and +49% from the quarter before. Operating margin was -71.3%, net loss $58.6M (64.4% of revenue).
Vaalco Energy, Q4 2025: revenue $91.0M (-25% year over year), operating margin -71.3%, net loss $58.6M, operating cash flow $145M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $91.0M | +49% | -25% |
| Operating profit | −$64.9M | -7325% | -268% |
| Net earnings | −$58.6M | -5423% | -602% |
| Operating cash flow | $145M | +783% | +226% |
What changed
Revenue was $91.0M in Q4 2025, down 25% year over year and up 49% from the previous quarter. Gabon was the largest line at 55% of revenue.
Operating costs exceeded revenue by $64.9M, an operating margin of -71.3%. Total costs grew 87% against a revenue fall of 25%. The fastest-growing cost line was Other operating costs (+100%). The quarter ended with a net loss of $58.6M, after a profit of $1.1M the previous quarter.
Operating cash flow was $145.2M (up 226% year over year). Non-cash charges added back $30.8M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $171.4M.
Questions
What was Vaalco Energy's revenue in the fourth quarter 2025?
Vaalco Energy (EGY) reported revenue of $91.0M for the fourth quarter 2025 (Q4 2025), -25% from a year earlier and +49% from the quarter before.
Was Vaalco Energy profitable in the fourth quarter 2025?
Operating loss was $64.9M (-71.3% of revenue) and net loss $58.6M.
Source: Vaalco Energy 10-K on SEC EDGAR.