Filing Flows › Epsilon Energy (EPSN) › Q2 2026 › vs Q2 2025
Epsilon Energy (EPSN) Q2 2026 vs Q2 2025 (year over year)
Epsilon Energy's revenue rose $6.6M (+57%) from $11.6M in Q2 2025 to $18.3M in Q2 2026. The biggest changes: Gas, oil, NGL and condensate revenue +$7.1M (+73%); Gathering and Compression fees −$508K (-28%). Operating margin 45.9% against 7.1% (+38.8 pts).
Epsilon Energy, Q2 2026: revenue $18.3M (+57% year over year), operating margin 45.9%, net earnings $7.1M, operating cash flow $12.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 45.9% | 7.1% | +38.8 pts |
| Net margin | 39.1% | 13.3% | +25.7 pts |
| Free cash flow margin | 39.9% | 42.4% | -2.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Oil and Condensate | $11.8M | $2.7M | $9.0M | +332% |
| Natural Gas | $3.8M | $6.9M | −$3.1M | -45% |
| Natural Gas Liquids | $1.4M | $145K | $1.2M | +856% |
| Gas, oil, NGL and condensate revenue | $16.9M | $9.8M | $7.1M | +73% |
| Gathering and Compression fees | $1.3M | $1.8M | −$508K | -28% |
| Revenue | $18.3M | $11.6M | $6.6M | +57% |
| Other income, net | $1.2M | $2.6M | −$1.4M | -54% |
| Operating profit | $8.4M | $829K | $7.5M | +911% |
| Costs & expenses | $9.9M | $10.8M | −$913K | -8% |
| Pre-tax earnings | $9.6M | $3.4M | $6.2M | +182% |
| Net earnings | $7.1M | $1.6M | $5.6M | +360% |
| Income tax | $2.4M | $1.8M | $592K | +32% |
| Share-based compensation | $548K | $386K | $162K | +42% |
| Working capital & other | $4.6M | $6.4M | −$1.8M | -29% |
| Operating cash flow | $12.3M | $8.3M | $3.9M | +47% |
| Free cash flow (OCF − capex) | $7.3M | $4.9M | $2.4M | +48% |
| Capital expenditures | $5.0M | $3.4M | $1.6M | +45% |
Questions
How much did Epsilon Energy's revenue grow year over year in Q2 2026?
Epsilon Energy's revenue rose $6.6M (+57%) from $11.6M in Q2 2025 to $18.3M in Q2 2026.
What drove Epsilon Energy's revenue change in Q2 2026?
Gas, oil, NGL and condensate revenue +$7.1M (+73%); Gathering and Compression fees −$508K (-28%).