Filing Flows › Epsilon Energy (EPSN) › How it makes money
How Epsilon Energy (EPSN) makes money
Epsilon Energy (EPSN) made $18.3M of revenue in the second quarter 2026 (Q2 2026), +57% from a year earlier. Gas, oil, NGL and condensate revenue brought in $16.9M (93%); Gathering and Compression fees brought in $1.3M (7%). Of every dollar of revenue, 46¢ was left as operating profit, 39¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Gas, oil, NGL and condensate revenue | $16.9M | 92.7% | -29% | +73% |
| ↳ Oil and Condensate | $11.8M | 64.5% | +24% | +332% |
| ↳ Natural Gas | $3.8M | 20.6% | -72% | -45% |
| ↳ Natural Gas Liquids | $1.4M | 7.6% | +29% | +856% |
| Gathering and Compression fees | $1.3M | 7.3% | -19% | -28% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $18.3M | 100.0% |
| Operating profit | $8.4M | 45.9% |
| Income tax | $2.4M | 13.3% |
| Net earnings | $7.1M | 39.1% |
| Operating cash flow | $12.3M | 67.1% |
| Free cash flow | $7.3M | 39.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $18.3M | +57% |
| Q1 2026 | $25.6M | +58% |
| Q4 2025 | $14.8M | +66% |
| Q3 2025 | $9.0M | +23% |
| Q2 2025 | $11.6M | +59% |
| Q1 2025 | $16.2M | +102% |
| Q4 2024 | $8.9M | +4% |
From Epsilon Energy's 10-Q filed Aug 12, 2026 (on EDGAR).
Questions
How does Epsilon Energy make money?
Epsilon Energy (EPSN) made $18.3M of revenue in the second quarter 2026 (Q2 2026), +57% from a year earlier. Gas, oil, NGL and condensate revenue brought in $16.9M (93%); Gathering and Compression fees brought in $1.3M (7%). Of every dollar of revenue, 46¢ was left as operating profit, 39¢ was left as net earnings.
What is Epsilon Energy's biggest business?
Gas, oil, NGL and condensate revenue: $16.9M in the second quarter 2026, 93% of revenue, +73% from a year earlier.
What is Epsilon Energy's profit margin?
Net earnings were $7.1M, 39.1% of revenue, in the second quarter 2026; the operating margin was 45.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.