Filing Flows › Mexco Energy (MXC) › Q2 FY26
Mexco Energy (MXC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Nov 12, 2025
Mexco Energy (MXC) reported revenue of $1.7M for the second quarter fiscal 2026 (Q2 FY26), -0.8% from a year earlier and -1% from the quarter before. Operating margin was 20.9%, net earnings $324K (18.6% of revenue).
Mexco Energy, Q2 FY26: revenue $1.7M (-0.8% year over year), operating margin 20.9%, net earnings $324K, operating cash flow $704K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | -1% | -0.8% |
| Operating profit | $363K | +9% | -11% |
| Net earnings | $324K | +34% | +2% |
| Operating cash flow | $704K | -48% | -24% |
| Free cash flow | $400K | -60% | — |
What changed
Revenue was $1.7M in Q2 FY26, down 1% year over year and down 1% from the previous quarter. Oil Sales was the largest line at 75% of revenue. Oil Sales lost $220K year over year (down 14%), 1516% of the total change.
Operating profit was $363K, a 20.9% margin (down 2.5 points year over year). Total costs grew 2% against a revenue fall of 1%. Net earnings were $324K, up 2% year over year. The effective tax rate was 15.3%.
Operating cash flow was $704K (down 24% year over year), 218% of net earnings. Non-cash charges added back $663K of depreciation and amortization and $43K of share-based compensation. Working capital and other items used $325K. Capital expenditures of $304K left free cash flow of $400K.
Questions
What was Mexco Energy's revenue in the second quarter fiscal 2026?
Mexco Energy (MXC) reported revenue of $1.7M for the second quarter fiscal 2026 (Q2 FY26), -0.8% from a year earlier and -1% from the quarter before.
Was Mexco Energy profitable in the second quarter fiscal 2026?
Operating profit was $363K (20.9% of revenue) and net earnings $324K.
Source: Mexco Energy 10-Q on SEC EDGAR.