Filing Flows › Prairie Operating (PROP) › Q3 2025
Prairie Operating (PROP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Prairie Operating (PROP) reported revenue of $77.7M for the third quarter 2025 (Q3 2025) and +14% from the quarter before. Operating margin was 34.8%, net earnings $1.3M (1.7% of revenue).
Prairie Operating, Q3 2025: revenue $77.7M, operating margin 34.8%, net earnings $1.3M, operating cash flow $57.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77.7M | +14% | — |
| Operating profit | $27.0M | +43% | — |
| Net earnings | $1.3M | -96% | — |
| Operating cash flow | $57.7M | — | — |
What changed
Revenue was $77.7M in Q3 2025, up 14% from the previous quarter. Crude Oil Sales was the largest line at 84% of revenue.
Operating profit was $27.0M, a 34.8% margin. Net earnings were $1.3M. The effective tax rate was 0.0%.
Operating cash flow was $57.7M, 4480% of net earnings. Non-cash charges added back $16.0M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $36.3M. Capital expenditures of $72.2M exceeded it, leaving free cash flow of −$14.5M.
Questions
What was Prairie Operating's revenue in the third quarter 2025?
Prairie Operating (PROP) reported revenue of $77.7M for the third quarter 2025 (Q3 2025) and +14% from the quarter before.
Was Prairie Operating profitable in the third quarter 2025?
Operating profit was $27.0M (34.8% of revenue) and net earnings $1.3M.
Source: Prairie Operating 10-Q on SEC EDGAR.