Filing Flows › Gulfport Energy (GPOR) › Q1 2026
Gulfport Energy (GPOR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Gulfport Energy (GPOR) reported revenue of $438M for the first quarter 2026 (Q1 2026), +122% from a year earlier and +10% from the quarter before. Operating margin was 52.0%, net earnings $166M (37.9% of revenue).
Gulfport Energy, Q1 2026: revenue $438M (+122% year over year), operating margin 52.0%, net earnings $166M, operating cash flow $293M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $438M | +10% | +122% |
| Operating profit | $228M | +27% | 19× |
| Net earnings | $166M | +25% | — |
| Operating cash flow | $293M | +58% | +65% |
| Free cash flow | $155M | +280% | +125% |
What changed
Revenue was $437.5M in Q1 2026, up 122% year over year and up 10% from the previous quarter.
Operating profit was $227.6M, a 52.0% margin (up 45.9 points year over year). Of the extra revenue versus Q1 2025, 90% reached operating profit, above the 6% margin then. Total costs grew 13% against revenue growth of 122%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $165.8M. The effective tax rate was 21.2%.
Operating cash flow was $292.9M (up 65% year over year), 177% of net earnings. Non-cash charges added back $75.4M of depreciation and amortization and $196K of share-based compensation. Working capital and other items added $51.5M. Capital expenditures of $137.8M left free cash flow of $155.1M.
Questions
What was Gulfport Energy's revenue in the first quarter 2026?
Gulfport Energy (GPOR) reported revenue of $438M for the first quarter 2026 (Q1 2026), +122% from a year earlier and +10% from the quarter before.
Was Gulfport Energy profitable in the first quarter 2026?
Operating profit was $228M (52.0% of revenue) and net earnings $166M.
Source: Gulfport Energy 10-Q on SEC EDGAR.