Filing Flows › Mach Natural Resources LP (MNR) › Q2 2026 › vs Q1 2026
Mach Natural Resources LP (MNR) Q2 2026 vs Q1 2026 (quarter over quarter)
Mach Natural Resources LP's revenue rose $120M (+42%) from $286M in Q1 2026 to $406M in Q2 2026. Operating margin 30.2% against -3.4% (+33.6 pts).
Mach Natural Resources LP, Q2 2026: revenue $406M (+41% year over year), operating margin 30.2%, net earnings $98.2M, operating cash flow $154M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 30.2% | -3.4% | +33.6 pts |
| Net margin | 24.2% | -12.3% | +36.4 pts |
| Free cash flow margin | 15.6% | 40.2% | -24.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $406M | $286M | $120M | +42% |
| Operating profit | $122M | −$9.7M | $132M | — |
| Costs & expenses | $283M | $296M | −$12.1M | -4% |
| Pre-tax earnings | $98.2M | −$35.0M | $133M | — |
| Other expense, net | $24.3M | $25.3M | −$1.1M | -4% |
| Net earnings | $98.2M | −$35.0M | $133M | — |
| Depreciation & amortization | $98.2M | $98.2M | $56K | +0.1% |
| Share-based compensation | $3.4M | $3.5M | −$136K | -4% |
| Working capital & other | $46.2M | −$104M | $150M | — |
| Operating cash flow | $154M | $170M | −$16.7M | -10% |
| Free cash flow (OCF − capex) | $63.1M | $115M | −$51.9M | -45% |
| Capital expenditures | $90.5M | $55.3M | $35.2M | +64% |
Questions
How much did Mach Natural Resources LP's revenue grow quarter over quarter in Q2 2026?
Mach Natural Resources LP's revenue rose $120M (+42%) from $286M in Q1 2026 to $406M in Q2 2026. Operating margin 30.2% against -3.4% (+33.6 pts).