Filing Flows › Permian Resources (PR) › Q3 2026
Permian Resources (PR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Permian Resources (PR) reported revenue of $2.0B for the third quarter 2026 (Q3 2026), +48% from a year earlier and +5% from the quarter before. Operating margin was 45.4%, net earnings $420M (21.5% of revenue).
Permian Resources, Q3 2026: revenue $2.0B (+48% year over year), operating margin 45.4%, net earnings $420M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +5% | +48% |
| Operating profit | $888M | -4% | +127% |
| Net earnings | $420M | -47% | +416% |
| Operating cash flow | $1.3B | -17% | +64% |
| Free cash flow | $590M | -40% | +106% |
What changed
Revenue was $2.0B in Q3 2026, up 48% year over year and up 5% from the previous quarter. Oil sales was the largest line at 84% of revenue. Oil sales added $0.53B year over year (up 47%), 83% of the total change.
Operating profit was $0.89B, a 45.4% margin (up 15.8 points year over year). Of the extra revenue versus Q3 2025, 78% reached operating profit, above the 30% margin then. Total costs grew 15% against revenue growth of 48%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $0.42B, up 609% year over year. The effective tax rate was 20.7%.
Operating cash flow was $1.3B (up 64% year over year), 299% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.82B. Capital expenditures of $0.67B left free cash flow of $0.59B.
Questions
What was Permian Resources' revenue in the third quarter 2026?
Permian Resources (PR) reported revenue of $2.0B for the third quarter 2026 (Q3 2026), +48% from a year earlier and +5% from the quarter before.
Was Permian Resources profitable in the third quarter 2026?
Operating profit was $888M (45.4% of revenue) and net earnings $420M.
Source: Permian Resources 10-Q on SEC EDGAR.