Filing Flows › Permian Resources (PR) › Q2 2026
Permian Resources (PR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Permian Resources (PR) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +55% from a year earlier and +34% from the quarter before. Operating margin was 50.0%, net earnings $792M (42.7% of revenue).
Permian Resources, Q2 2026: revenue $1.9B (+55% year over year), operating margin 50.0%, net earnings $792M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +34% | +55% |
| Operating profit | $928M | +99% | +212% |
| Net earnings | $792M | 16× | +223% |
| Operating cash flow | $1.5B | +85% | +45% |
| Free cash flow | $984M | +182% | +132% |
What changed
Revenue was $1.9B in Q2 2026, up 55% year over year and up 34% from the previous quarter.
Operating profit was $0.93B, a 50.0% margin (up 25.1 points year over year). Of the extra revenue versus Q2 2025, 95% reached operating profit, above the 25% margin then. Total costs grew 3% against revenue growth of 55%. Net earnings were $0.79B, up 283% year over year. The effective tax rate was 22.0%.
Operating cash flow was $1.5B (up 45% year over year), 190% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.69B. Capital expenditures of $0.52B left free cash flow of $1.0B.
Questions
What was Permian Resources' revenue in the second quarter 2026?
Permian Resources (PR) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +55% from a year earlier and +34% from the quarter before.
Was Permian Resources profitable in the second quarter 2026?
Operating profit was $928M (50.0% of revenue) and net earnings $792M.
Source: Permian Resources 10-Q on SEC EDGAR.