Filing Flows › Prairie Operating (PROP) › How it makes money
How Prairie Operating (PROP) makes money
Prairie Operating (PROP) made $98.9M of revenue in the second quarter 2026 (Q2 2026), +422% from a year earlier. Of every dollar of revenue, 130¢ was left as operating profit, 110¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $98.9M | 100.0% |
| Operating profit | $129M | 130.3% |
| Income tax | $19.8M | 20.0% |
| Net earnings | $109M | 110.3% |
| Operating cash flow | $52.0M | 52.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $98.9M | +45% |
| Q1 2026 | $83.4M | +514% |
| Q4 2025 | $83.0M | +946% |
| Q3 2025 | $77.7M | — |
| Q2 2025 | $68.1M | — |
| Q1 2025 | $13.6M | — |
| Q4 2024 | $7.9M | +774% |
From Prairie Operating's 10-Q filed Aug 14, 2026 (on EDGAR).
Questions
How does Prairie Operating make money?
Prairie Operating (PROP) made $98.9M of revenue in the second quarter 2026 (Q2 2026), +422% from a year earlier. Of every dollar of revenue, 130¢ was left as operating profit, 110¢ was left as net earnings.
What is Prairie Operating's profit margin?
Net earnings were $109M, 110.3% of revenue, in the second quarter 2026; the operating margin was 130.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.