Filing Flows › Evolution Petroleum (EPM) › Q3 FY26 › vs Q2 FY26
Evolution Petroleum (EPM) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Evolution Petroleum's revenue fell $511K (-2%) from $20.7M in Q2 FY26 to $20.2M in Q3 FY26. The biggest changes: Crude oil −$222K (-2%); Natural gas −$157K (-2%); Natural gas liquids −$132K (-5%).
Evolution Petroleum, Q3 FY26: revenue $20.2M (-11% year over year), operating margin -2.8%, net loss $8.9M, operating cash flow $3.5M. The chart draws each line against Q2 FY26, the increases inside each band.
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Crude oil | $10.5M | $10.7M | −$222K | -2% |
| Natural gas | $7.3M | $7.4M | −$157K | -2% |
| Natural gas liquids | $2.4M | $2.5M | −$132K | -5% |
| Revenue | $20.2M | $20.7M | −$511K | -2% |
| Income tax benefit | $2.4M | −$837K | $3.3M | — |
| Net loss | $8.9M | −$1.1M | $10.0M | — |
| Costs & expenses | $31.5M | $21.9M | $9.6M | +44% |
| Operating costs | $20.7M | $20.0M | $705K | +4% |
| Interest & other, net | $10.8M | −$1.2M | $12.0M | — |
| Cost of revenue | $13.0M | $11.5M | $1.4M | +13% |
| General & admin | $2.5M | $2.6M | −$119K | -5% |
| Other operating costs | $5.3M | $5.9M | −$625K | -11% |
| Operating cash sources | $12.4M | $4.4M | $8.1M | +185% |
| Depreciation & amortization | $5.3M | $5.9M | −$625K | -11% |
| Share-based compensation | $595K | $613K | −$18K | -3% |
| Working capital & other | $6.5M | −$2.2M | $8.7M | — |
| Net loss absorbed | $8.9M | −$1.1M | $10.0M | — |
| Operating cash flow | $3.5M | $5.4M | −$1.9M | -36% |
| Capital expenditures | $4.7M | −$220K | $4.9M | — |
| Negative free cash flow (OCF − capex) | $1.2M | −$5.6M | $6.8M | — |
Questions
How much did Evolution Petroleum's revenue grow quarter over quarter in Q3 FY26?
Evolution Petroleum's revenue fell $511K (-2%) from $20.7M in Q2 FY26 to $20.2M in Q3 FY26.
What drove Evolution Petroleum's revenue change in Q3 FY26?
Crude oil −$222K (-2%); Natural gas −$157K (-2%); Natural gas liquids −$132K (-5%).