Filing Flows › Pedevco (PED) › Q2 2025
Pedevco (PED) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Pedevco (PED) reported revenue of $7.0M for the second quarter 2025 (Q2 2025), -41% from a year earlier and -20% from the quarter before. Operating margin was -32.2%, net loss $1.7M (24.0% of revenue).
Pedevco, Q2 2025: revenue $7.0M (-41% year over year), operating margin -32.2%, net loss $1.7M, operating cash flow −$420K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | -20% | -41% |
| Operating profit | −$2.2M | -1596% | — |
| Net earnings | −$1.7M | -1297% | — |
| Operating cash flow | −$420K | -107% | — |
What changed
Revenue was $7.0M in Q2 2025, down 41% year over year and down 20% from the previous quarter. Oil Sales was the largest line at 89% of revenue. Oil Sales lost $4.8M year over year (down 44%), 99% of the total change.
Operating costs exceeded revenue by $2.2M, an operating margin of -32.2%. Total costs grew 0% against a revenue fall of 41%. The fastest-growing cost line was SG&A (+22%). The quarter ended with a net loss of $1.7M, after a profit of $140K the previous quarter.
Operating cash flow was −$420K. Non-cash charges added back $3.9M of depreciation and amortization and $474K of share-based compensation. Working capital and other items used $3.1M. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$2.7M.
Questions
What was Pedevco's revenue in the second quarter 2025?
Pedevco (PED) reported revenue of $7.0M for the second quarter 2025 (Q2 2025), -41% from a year earlier and -20% from the quarter before.
Was Pedevco profitable in the second quarter 2025?
Operating loss was $2.2M (-32.2% of revenue) and net loss $1.7M.
Source: Pedevco 10-Q on SEC EDGAR.