Filing Flows › Primeenergy Resources (PNRG) › Q1 2026 › vs Q1 2025
Primeenergy Resources (PNRG) Q1 2026 vs Q1 2025 (year over year)
Primeenergy Resources's revenue fell $10.7M (-21%) from $50.1M in Q1 2025 to $39.4M in Q1 2026. Operating margin 13.3% against 22.7% (-9.4 pts).
Primeenergy Resources, Q1 2026: revenue $39.4M (-21% year over year), operating margin 13.3%, net earnings $4.3M, operating cash flow $16.1M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.3% | 22.7% | -9.4 pts |
| Net margin | 11.0% | 18.2% | -7.2 pts |
| Free cash flow margin | 36.9% | 7.0% | +29.9 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $39.4M | $50.1M | −$10.7M | -21% |
| Operating profit | $5.2M | $11.4M | −$6.1M | -54% |
| Costs & expenses | $34.2M | $38.7M | −$4.5M | -12% |
| Pre-tax earnings | $5.2M | $11.4M | −$6.1M | -54% |
| Cost of revenue | $1.2M | $1.9M | −$678K | -36% |
| General & admin | $2.8M | $2.9M | −$64K | -2% |
| Other operating costs | $30.2M | $33.9M | −$3.8M | -11% |
| Net earnings | $4.3M | $9.1M | −$4.8M | -52% |
| Income tax | $892K | $2.2M | −$1.3M | -60% |
| Operating cash sources | $21.0M | $29.5M | −$8.4M | -29% |
| Depreciation & amortization | $16.7M | $20.4M | −$3.6M | -18% |
| Working capital & other | $5.0M | −$8.7M | $13.7M | — |
| Operating cash flow | $16.1M | $38.2M | −$22.1M | -58% |
| Free cash flow (OCF − capex) | $14.6M | $3.5M | $11.0M | +313% |
| Capital expenditures | $1.5M | $34.7M | −$33.2M | -96% |
Questions
How much did Primeenergy Resources's revenue grow year over year in Q1 2026?
Primeenergy Resources's revenue fell $10.7M (-21%) from $50.1M in Q1 2025 to $39.4M in Q1 2026. Operating margin 13.3% against 22.7% (-9.4 pts).