Filing Flows › Vaalco Energy (EGY) › How it makes money
How Vaalco Energy (EGY) makes money
Vaalco Energy (EGY) made $135M of revenue in the second quarter 2026 (Q2 2026), +47% from a year earlier. Gabon brought in $91.8M (68%); Egypt brought in $43.4M (32%). Of every dollar of revenue, 32¢ was left as operating profit, 31¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Gabon | $91.8M | 67.9% | +329% | +57% |
| Egypt | $43.4M | 32.1% | +11% | +30% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $135M | 100.0% |
| Operating profit | $43.6M | 32.3% |
| Income tax | $16.8M | 12.4% |
| Net earnings | $42.4M | 31.4% |
| Operating cash flow | $73.7M | 54.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $135M | +40% |
| Q1 2026 | $62.6M | -43% |
| Q4 2025 | $91.0M | -25% |
| Q3 2025 | $61.0M | -56% |
| Q2 2025 | $96.9M | -17% |
| Q1 2025 | $110M | +10% |
| Q4 2024 | $122M | -18% |
From Vaalco Energy's 10-Q filed Aug 10, 2026 (on EDGAR).
Questions
How does Vaalco Energy make money?
Vaalco Energy (EGY) made $135M of revenue in the second quarter 2026 (Q2 2026), +47% from a year earlier. Gabon brought in $91.8M (68%); Egypt brought in $43.4M (32%). Of every dollar of revenue, 32¢ was left as operating profit, 31¢ was left as net earnings.
What is Vaalco Energy's biggest business?
Gabon: $91.8M in the second quarter 2026, 68% of revenue, +57% from a year earlier.
What is Vaalco Energy's profit margin?
Net earnings were $42.4M, 31.4% of revenue, in the second quarter 2026; the operating margin was 32.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.