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New Concept Energy (GBR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

New Concept Energy (GBR) reported revenue of $41K for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before. Operating margin was -246.3%, net loss $66K (161.0% of revenue).

Revenue$41K
Year over year+2%
Quarter over quarter+5%
Operating margin-246.3%
Net earnings−$66K

New Concept Energy, Q2 2026: revenue $41K (+2% year over year), operating margin -246.3%, net loss $66K, operating cash flow −$14K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$41K+5%+2%
Operating profit−$101K——
Net earnings−$66K——
Operating cash flow−$14K—-161%

What changed

Revenue was $41K in Q2 2026, up 2% year over year and up 5% from the previous quarter. Rent was the largest line at 63% of revenue. Management fee added $1K year over year (up 7%), 100% of the total change.

Operating costs exceeded revenue by $101K, an operating margin of -246.3%. Total costs grew 42% against revenue growth of 2%. The fastest-growing cost line was General & admin (+52%). The quarter ended with a net loss of $66K, wider than the previous quarter's $14K loss. Non-operating items added $35K, -53% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$14K. Non-cash charges added back $3K of depreciation and amortization. Working capital and other items added $49K.

Questions

What was New Concept Energy's revenue in the second quarter 2026?

New Concept Energy (GBR) reported revenue of $41K for the second quarter 2026 (Q2 2026), +2% from a year earlier and +5% from the quarter before.

Was New Concept Energy profitable in the second quarter 2026?

Operating loss was $101K (-246.3% of revenue) and net loss $66K.

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Source: New Concept Energy 10-Q on SEC EDGAR.