Filing Flows › Pedevco (PED) › Q2 2026 › vs Q2 2025
Pedevco (PED) Q2 2026 vs Q2 2025 (year over year)
Pedevco's revenue rose $39.1M (+561%) from $7.0M in Q2 2025 to $46.1M in Q2 2026. The biggest changes: Oil Sales +$36.2M (+586%); Natural Gas Liquids Sales +$2.2M (+465%); Natural Gas Sales +$752K (+233%). Operating margin 33.3% against -32.2% (+65.5 pts).
Pedevco, Q2 2026: revenue $46.1M (+561% year over year), operating margin 33.3%, net earnings $17.5M, operating cash flow $15.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 33.3% | -32.2% | +65.5 pts |
| Net margin | 37.9% | -24.0% | +61.9 pts |
| Free cash flow margin | 25.6% | -38.6% | +64.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Oil Sales | $42.4M | $6.2M | $36.2M | +586% |
| Natural Gas Liquids Sales | $2.7M | $469K | $2.2M | +465% |
| Natural Gas Sales | $1.1M | $323K | $752K | +233% |
| Revenue | $46.1M | $7.0M | $39.1M | +561% |
| Other income, net | $3.1M | $78K | $3.0M | 40× |
| Operating profit | $15.4M | −$2.2M | $17.6M | — |
| Costs & expenses | $30.8M | $9.2M | $21.5M | +234% |
| Pre-tax earnings | $18.5M | −$2.2M | $20.6M | — |
| SG&A | $3.4M | $1.7M | $1.7M | +101% |
| Other operating costs | $27.3M | $7.5M | $19.8M | +264% |
| Net earnings | $17.5M | −$1.7M | $19.1M | — |
| Income tax | $1.0M | −$490K | $1.5M | — |
| Depreciation & amortization | $10.2M | $3.9M | $6.3M | +163% |
| Share-based compensation | $412K | $474K | −$62K | -13% |
| Working capital & other | $12.7M | $3.1M | $9.6M | +312% |
| Operating cash flow | $15.3M | −$420K | $15.8M | — |
| Free cash flow (OCF − capex) | $11.8M | −$2.7M | $14.5M | — |
| Capital expenditures | $3.5M | $2.3M | $1.3M | +55% |
Questions
How much did Pedevco's revenue grow year over year in Q2 2026?
Pedevco's revenue rose $39.1M (+561%) from $7.0M in Q2 2025 to $46.1M in Q2 2026.
What drove Pedevco's revenue change in Q2 2026?
Oil Sales +$36.2M (+586%); Natural Gas Liquids Sales +$2.2M (+465%); Natural Gas Sales +$752K (+233%).