Filing Flows › Epsilon Energy (EPSN) › Q1 2025
Epsilon Energy (EPSN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Epsilon Energy (EPSN) reported revenue of $16.2M for the first quarter 2025 (Q1 2025), +102% from a year earlier and +81% from the quarter before. Operating margin was 44.3%, net earnings $4.0M (24.8% of revenue).
Epsilon Energy, Q1 2025: revenue $16.2M (+102% year over year), operating margin 44.3%, net earnings $4.0M, operating cash flow $8.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.2M | +81% | +102% |
| Operating profit | $7.2M | 12× | +410% |
| Net earnings | $4.0M | — | +167% |
| Operating cash flow | $8.6M | +71% | +133% |
| Free cash flow | $839K | — | — |
What changed
Revenue was $16.2M in Q1 2025, up 102% year over year and up 81% from the previous quarter. Natural Gas was the largest line at 66% of revenue. Natural Gas added $7.7M year over year (up 258%), 94% of the total change. Gathering and Compression fees declined 2%.
Operating profit was $7.2M, a 44.3% margin (up 26.8 points year over year). Of the extra revenue versus a year earlier, 70% reached operating profit, above the 18% margin then. Total costs grew 37% against revenue growth of 102%. Net earnings were $4.0M, up 167% year over year. The effective tax rate was 29.4%.
Operating cash flow was $8.6M (up 133% year over year), 214% of net earnings. Non-cash charges added back $386K of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $7.7M left free cash flow of $839K.
Questions
What was Epsilon Energy's revenue in the first quarter 2025?
Epsilon Energy (EPSN) reported revenue of $16.2M for the first quarter 2025 (Q1 2025), +102% from a year earlier and +81% from the quarter before.
Was Epsilon Energy profitable in the first quarter 2025?
Operating profit was $7.2M (44.3% of revenue) and net earnings $4.0M.
Source: Epsilon Energy 10-Q on SEC EDGAR.