Filing Flows › Primeenergy Resources (PNRG) › Q1 2026 › vs Q4 2025
Primeenergy Resources (PNRG) Q1 2026 vs Q4 2025 (quarter over quarter)
Primeenergy Resources's revenue fell $11.6M (-23%) from $51.0M in Q4 2025 to $39.4M in Q1 2026. Operating margin 13.3% against 3.2% (+10.1 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 Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.3% | 3.2% | +10.1 pts |
| Net margin | 11.0% | 6.6% | +4.4 pts |
| Free cash flow margin | 36.9% | 8.2% | +28.7 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $39.4M | $51.0M | −$11.6M | -23% |
| Operating profit | $5.2M | $1.6M | $3.6M | +219% |
| Costs & expenses | $34.2M | $49.4M | −$15.2M | -31% |
| Pre-tax earnings | $5.2M | $1.6M | $3.6M | +219% |
| Cost of revenue | $1.2M | $1.1M | $105K | +10% |
| General & admin | $2.8M | $9.5M | −$6.6M | -70% |
| Other operating costs | $30.2M | $38.9M | −$8.7M | -22% |
| Net earnings | $4.3M | $3.4M | $952K | +28% |
| Income tax | $892K | −$1.7M | $2.6M | — |
| Operating cash sources | $21.0M | $23.9M | −$2.8M | -12% |
| Depreciation & amortization | $16.7M | $20.5M | −$3.8M | -18% |
| Working capital & other | $5.0M | $11.7M | −$6.7M | -57% |
| Operating cash flow | $16.1M | $12.2M | $3.9M | +32% |
| Free cash flow (OCF − capex) | $14.6M | $4.2M | $10.4M | +247% |
| Capital expenditures | $1.5M | $8.0M | −$6.5M | -81% |
Questions
How much did Primeenergy Resources's revenue grow quarter over quarter in Q1 2026?
Primeenergy Resources's revenue fell $11.6M (-23%) from $51.0M in Q4 2025 to $39.4M in Q1 2026. Operating margin 13.3% against 3.2% (+10.1 pts).