Filing Flows › Prairie Operating (PROP) › Q2 2026 › vs Q1 2026
Prairie Operating (PROP) Q2 2026 vs Q1 2026 (quarter over quarter)
Prairie Operating's revenue rose $15.4M (+19%) from $83.4M in Q1 2026 to $98.9M in Q2 2026. Operating margin 130.3% against -229.1% (+359.4 pts).
Prairie Operating, Q2 2026: revenue $98.9M (+45% year over year), operating margin 130.3%, net earnings $109M, operating cash flow $52.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 130.3% | -229.1% | +359.4 pts |
| Net margin | 110.3% | -183.0% | +293.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $98.9M | $83.4M | $15.4M | +19% |
| Operating profit | $129M | −$191M | $320M | — |
| Pre-tax earnings | $129M | −$191M | $320M | — |
| Net earnings | $109M | −$153M | $262M | — |
| Income tax | $19.8M | −$38.4M | $58.2M | — |
| Depreciation & amortization | $17.1M | $15.8M | $1.2M | +8% |
| Share-based compensation | $3.3M | $5.7M | −$2.4M | -42% |
| Working capital & other | $77.4M | −$173M | $251M | — |
| Operating cash flow | $52.0M | $42.3M | $9.7M | +23% |
| Capital expenditures | $98.5M | $34.1M | $64.4M | +189% |
| Negative free cash flow (OCF − capex) | $46.5M | −$8.2M | $54.7M | — |
Questions
How much did Prairie Operating's revenue grow quarter over quarter in Q2 2026?
Prairie Operating's revenue rose $15.4M (+19%) from $83.4M in Q1 2026 to $98.9M in Q2 2026. Operating margin 130.3% against -229.1% (+359.4 pts).