Filing Flows › Evolution Petroleum (EPM) › Q4 FY26
Evolution Petroleum (EPM) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Sep 16, 2026
Evolution Petroleum (EPM) reported revenue of $24.2M for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +20% from the quarter before. Operating margin was 14.3%, net earnings $4.6M (19.1% of revenue).
Evolution Petroleum, Q4 FY26: revenue $24.2M (+15% year over year), operating margin 14.3%, net earnings $4.6M, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.2M | +20% | +15% |
| Operating profit | $3.5M | — | +159% |
| Net earnings | $4.6M | — | +35% |
| Operating cash flow | $6.8M | +95% | -35% |
| Free cash flow | $5.1M | — | +186% |
What changed
Revenue was $24.2M in Q4 FY26, up 15% year over year and up 20% from the previous quarter. Crude oil was the largest line at 68% of revenue.
Operating profit was $3.5M, a 14.3% margin (up 8.0 points year over year). Of the extra revenue versus Q4 FY25, 69% reached operating profit, above the 6% margin then. Total costs grew 5% against revenue growth of 15%. The fastest-growing cost line was Cost of revenue (+12%). Net earnings were $4.6M, up 35% year over year. The effective tax rate was 10.0%. Non-operating items added $1.7M, 32% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $6.8M (down 35% year over year), 147% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $599K of share-based compensation. Working capital and other items used $4.0M. Capital expenditures of $1.7M left free cash flow of $5.1M.
Questions
What was Evolution Petroleum's revenue in the fourth quarter fiscal 2026?
Evolution Petroleum (EPM) reported revenue of $24.2M for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +20% from the quarter before.
Was Evolution Petroleum profitable in the fourth quarter fiscal 2026?
Operating profit was $3.5M (14.3% of revenue) and net earnings $4.6M.