Filing Flows › Matador Resources (MTDR) › Q3 2026 › vs Q2 2026
Matador Resources (MTDR) Q3 2026 vs Q2 2026 (quarter over quarter)
Matador Resources's revenue fell $23.7M (-2%) from $1.2B in Q2 2026 to $1.2B in Q3 2026. Operating margin 30.4% against 48.7% (-18.2 pts).
Matador Resources, Q3 2026: revenue $1.2B (+24% year over year), operating margin 30.4%, net earnings $172M, operating cash flow $594M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 30.4% | 48.7% | -18.2 pts |
| Net margin | 14.8% | 32.9% | -18.1 pts |
| Free cash flow margin | 13.9% | -19.4% | +33.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | −$23.7M | -2% |
| Operating profit | $354M | $577M | −$223M | -39% |
| Costs & expenses | $809M | $609M | $200M | +33% |
| Pre-tax earnings | $277M | $520M | −$244M | -47% |
| Other expense, net | $77.2M | $56.8M | $20.4M | +36% |
| General & admin | $44.6M | $41.3M | $3.4M | +8% |
| Other operating costs | $764M | $568M | $196M | +35% |
| Net earnings | $172M | $391M | −$219M | -56% |
| Minority interests | $23.0M | $23.0M | −$21K | -0.1% |
| Income tax | $81.5M | $107M | −$25.3M | -24% |
| Depreciation & amortization | $343M | $315M | $27.8M | +9% |
| Share-based compensation | $6.9M | $6.1M | $813K | +13% |
| Working capital & other | $72.4M | $225M | −$153M | -68% |
| Operating cash flow | $594M | $937M | −$343M | -37% |
| Free cash flow (OCF − capex) | $162M | −$230M | $392M | — |
| Capital expenditures | $432M | $1.2B | −$735M | -63% |
Questions
How much did Matador Resources's revenue grow quarter over quarter in Q3 2026?
Matador Resources's revenue fell $23.7M (-2%) from $1.2B in Q2 2026 to $1.2B in Q3 2026. Operating margin 30.4% against 48.7% (-18.2 pts).