Filing Flows › Pedevco (PED) › Q3 2025
Pedevco (PED) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Pedevco (PED) reported revenue of $7.0M for the third quarter 2025 (Q3 2025), -23% from a year earlier and -0.2% from the quarter before. Operating margin was -12.0%, net loss $325K (4.7% of revenue).
Pedevco, Q3 2025: revenue $7.0M (-23% year over year), operating margin -12.0%, net loss $325K, operating cash flow $7.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | -0.2% | -23% |
| Operating profit | −$834K | — | — |
| Net earnings | −$325K | — | — |
| Operating cash flow | $7.4M | — | -10% |
What changed
Revenue was $7.0M in Q3 2025, down 23% year over year and roughly flat from the previous quarter. Oil Sales was the largest line at 89% of revenue. Oil Sales lost $2.1M year over year (down 25%), 99% of the total change.
Operating costs exceeded revenue by $834K, an operating margin of -12.0%. Total costs grew 25% against a revenue fall of 23%. The fastest-growing cost line was Other operating costs (+29%). The quarter ended with a net loss of $325K, narrower than the previous quarter's $1.7M loss. Non-operating items added $345K, -71% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $7.4M (down 10% year over year). Non-cash charges added back $4.0M of depreciation and amortization and $537K of share-based compensation. Working capital and other items added $3.2M.
Questions
What was Pedevco's revenue in the third quarter 2025?
Pedevco (PED) reported revenue of $7.0M for the third quarter 2025 (Q3 2025), -23% from a year earlier and -0.2% from the quarter before.
Was Pedevco profitable in the third quarter 2025?
Operating loss was $834K (-12.0% of revenue) and net loss $325K.
Source: Pedevco 10-Q on SEC EDGAR.