Filing Flows › Prairie Operating (PROP) › Q2 2026 › vs Q2 2025
Prairie Operating (PROP) Q2 2026 vs Q2 2025 (year over year)
Prairie Operating's revenue rose $30.8M (+45%) from $68.1M in Q2 2025 to $98.9M in Q2 2026. Operating margin 130.3% against 27.8% (+102.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 130.3% | 27.8% | +102.5 pts |
| Net margin | 110.3% | 52.4% | +57.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $98.9M | $68.1M | $30.8M | +45% |
| Operating profit | $129M | $18.9M | $110M | +580% |
| Pre-tax earnings | $129M | $35.7M | $93.1M | +261% |
| Net earnings | $109M | $35.7M | $73.3M | +206% |
| Income tax | $19.8M | $0 | $19.8M | — |
| Depreciation & amortization | $17.1M | $12.3M | $4.8M | +39% |
| Share-based compensation | $3.3M | $2.4M | $909K | +38% |
| Working capital & other | $77.4M | $57.6M | $19.9M | +35% |
| Operating cash flow | $52.0M | −$7.2M | $59.2M | — |
| Capital expenditures | $98.5M | $15.0M | $83.5M | +558% |
| Negative free cash flow (OCF − capex) | $46.5M | $22.2M | $24.3M | +110% |
Questions
How much did Prairie Operating's revenue grow year over year in Q2 2026?
Prairie Operating's revenue rose $30.8M (+45%) from $68.1M in Q2 2025 to $98.9M in Q2 2026. Operating margin 130.3% against 27.8% (+102.5 pts).