Filing Flows › Prairie Operating (PROP) › Q1 2025
Prairie Operating (PROP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Prairie Operating (PROP) reported revenue of $13.6M for the first quarter 2025 (Q1 2025) and +71% from the quarter before. Operating margin was 12.9%, net loss $2.6M (19.3% of revenue).
Prairie Operating, Q1 2025: revenue $13.6M, operating margin 12.9%, net loss $2.6M, operating cash flow $16.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.6M | +71% | — |
| Operating profit | $1.8M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | $16.9M | — | — |
What changed
Revenue was $13.6M in Q1 2025, up 71% from the previous quarter. Crude Oil Sales was the largest line at 79% of revenue.
Operating profit was $1.8M, a 12.9% margin. The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $11.9M loss. Net interest and other expense of $4.4M was the main reason.
Operating cash flow was $16.9M. Non-cash charges added back $2.1M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $16.1M. Capital expenditures of $39.0M exceeded it, leaving free cash flow of −$22.1M.
Questions
What was Prairie Operating's revenue in the first quarter 2025?
Prairie Operating (PROP) reported revenue of $13.6M for the first quarter 2025 (Q1 2025) and +71% from the quarter before.
Was Prairie Operating profitable in the first quarter 2025?
Operating profit was $1.8M (12.9% of revenue) and net loss $2.6M.
Source: Prairie Operating 10-Q on SEC EDGAR.