Filing Flows › Mexco Energy (MXC) › Q1 FY26
Mexco Energy (MXC) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 12, 2025
Mexco Energy (MXC) reported revenue of $1.8M for the first quarter fiscal 2026 (Q1 FY26), +2% from a year earlier and -0.9% from the quarter before. Operating margin was 18.9%, net earnings $242K (13.8% of revenue).
Mexco Energy, Q1 FY26: revenue $1.8M (+2% year over year), operating margin 18.9%, net earnings $242K, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | -0.9% | +2% |
| Operating profit | $332K | -54% | -12% |
| Net earnings | $242K | -62% | -17% |
| Operating cash flow | $1.4M | +3% | +26% |
| Free cash flow | $991K | +0.7% | +77% |
What changed
Revenue was $1.8M in Q1 FY26, up 2% year over year and down 1% from the previous quarter. Oil Sales was the largest line at 79% of revenue. Natural Gas Sales added $181K year over year (up 102%), 622% of the total change. Oil Sales declined 8%.
Operating profit was $332K, a 18.9% margin (down 2.9 points year over year). Operating profit fell $44K even though revenue rose $29K versus a year earlier, so costs grew faster than sales. Total costs grew 5% against revenue growth of 2%. Net earnings were $242K, down 17% year over year. The effective tax rate was 29.9%.
Operating cash flow was $1.4M (up 26% year over year), 563% of net earnings. Non-cash charges added back $675K of depreciation and amortization and $51K of share-based compensation. Working capital and other items added $395K. Capital expenditures of $372K left free cash flow of $1.0M.
Questions
What was Mexco Energy's revenue in the first quarter fiscal 2026?
Mexco Energy (MXC) reported revenue of $1.8M for the first quarter fiscal 2026 (Q1 FY26), +2% from a year earlier and -0.9% from the quarter before.
Was Mexco Energy profitable in the first quarter fiscal 2026?
Operating profit was $332K (18.9% of revenue) and net earnings $242K.
Source: Mexco Energy 10-Q on SEC EDGAR.