Filing Flows › Phoenix Energy One, LLC (PHXE-P) › Q1 2025
Phoenix Energy One, LLC (PHXE-P) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 16, 2025
Phoenix Energy One, LLC (PHXE-P) reported revenue of $116M for the first quarter 2025 (Q1 2025), +185% from a year earlier and +14% from the quarter before. Operating margin was 33.8%, net earnings $5.6M (4.8% of revenue).
Phoenix Energy One, LLC, Q1 2025: revenue $116M (+184% year over year), operating margin 33.8%, net earnings $5.6M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $116M | +14% | +185% |
| Operating profit | $39.2M | +53% | +353% |
| Net earnings | $5.6M | — | — |
| Operating cash flow | $15.9M | -74% | +41% |
What changed
Revenue was $115.7M in Q1 2025, up 185% year over year and up 14% from the previous quarter.
Operating profit was $39.2M, a 33.8% margin (up 12.6 points year over year). Of the extra revenue versus a year earlier, 41% reached operating profit, above the 21% margin then. Total costs grew 139% against revenue growth of 185%. The fastest-growing cost line was Cost of revenue (+239%). Net earnings were $5.6M. The effective tax rate was 0.0%.
Operating cash flow was $15.9M (up 41% year over year), 283% of net earnings. Non-cash charges added back $31.2M of depreciation and amortization. Working capital and other items used $21.0M.
Questions
What was Phoenix Energy One, LLC's revenue in the first quarter 2025?
Phoenix Energy One, LLC (PHXE-P) reported revenue of $116M for the first quarter 2025 (Q1 2025), +185% from a year earlier and +14% from the quarter before.
Was Phoenix Energy One, LLC profitable in the first quarter 2025?
Operating profit was $39.2M (33.8% of revenue) and net earnings $5.6M.