Filing Flows › Permian Resources (PR) › Q3 2025
Permian Resources (PR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Permian Resources (PR) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +10% from the quarter before. Operating margin was 29.6%, net earnings $59.2M (4.5% of revenue).
Permian Resources, Q3 2025: revenue $1.3B (+9% year over year), operating margin 29.6%, net earnings $59.2M, operating cash flow $766M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +10% | +9% |
| Operating profit | $391M | +31% | -1% |
| Net earnings | $59.2M | -71% | -85% |
| Operating cash flow | $766M | -26% | -20% |
| Free cash flow | $287M | -32% | +43% |
What changed
Revenue was $1.3B in Q3 2025, up 9% year over year and up 10% from the previous quarter. Oil sales was the largest line at 84% of revenue. Natural gas sales added $0.07B year over year, 67% of the total change.
Operating profit was $0.39B, a 29.6% margin (down 2.9 points year over year). Operating profit fell $4.2M even though revenue rose $0.11B versus a year earlier, so costs grew faster than sales. Total costs grew 13% against revenue growth of 9%. The fastest-growing cost line was General & admin (+14%). Net earnings were $0.06B, down 85% year over year. The effective tax rate was 51.8%.
Operating cash flow was $0.77B (down 20% year over year), 941% of net income including minority interests. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.67B. Capital expenditures of $0.48B left free cash flow of $0.29B.
Questions
What was Permian Resources' revenue in the third quarter 2025?
Permian Resources (PR) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +10% from the quarter before.
Was Permian Resources profitable in the third quarter 2025?
Operating profit was $391M (29.6% of revenue) and net earnings $59.2M.
Source: Permian Resources 10-Q on SEC EDGAR.