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North European Oil Royalty Trust (NRT) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Jun 5, 2026

North European Oil Royalty Trust (NRT) reported revenue of $2.4M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and +8% from the quarter before. Operating margin was 85.5%, net earnings $2.1M (85.5% of revenue).

Revenue$2.4M
Year over year-4%
Quarter over quarter+8%
Operating margin85.5%
Net earnings$2.1M

North European Oil Royalty Trust, Q2 FY26: revenue $2.4M (-4% year over year), operating margin 85.5%, net earnings $2.1M. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$2.4M+8%-4%
Operating profit$2.1M+5%-9%
Net earnings$2.1M+5%-9%

What changed

Revenue was $2.4M in Q2 FY26, down 4% year over year and up 8% from the previous quarter.

Operating profit was $2.1M, a 85.5% margin (down 5.2 points year over year). Total costs grew 51% against a revenue fall of 4%. Net earnings were $2.1M, down 9% year over year. The effective tax rate was 0.0%.

Questions

What was North European Oil Royalty Trust's revenue in the second quarter fiscal 2026?

North European Oil Royalty Trust (NRT) reported revenue of $2.4M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and +8% from the quarter before.

Was North European Oil Royalty Trust profitable in the second quarter fiscal 2026?

Operating profit was $2.1M (85.5% of revenue) and net earnings $2.1M.

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Source: North European Oil Royalty Trust 10-Q on SEC EDGAR.