Filing Flows › Riley Exploration Permian (REPX) › Q2 2025
Riley Exploration Permian (REPX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Riley Exploration Permian (REPX) reported revenue of $85.4M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -17% from the quarter before. Operating margin was 33.7%, net earnings $30.5M (35.7% of revenue).
Riley Exploration Permian, Q2 2025: revenue $85.4M (-19% year over year), operating margin 33.7%, net earnings $30.5M, operating cash flow $33.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $85.4M | -17% | -19% |
| Operating profit | $28.8M | -42% | -46% |
| Net earnings | $30.5M | +6% | -9% |
| Operating cash flow | $33.6M | -33% | -35% |
| Free cash flow | $8.9M | -74% | -73% |
What changed
Revenue was $85.4M in Q2 2025, down 19% year over year and down 17% from the previous quarter.
Operating profit was $28.8M, a 33.7% margin (down 17.2 points year over year). Total costs grew 9% against a revenue fall of 19%. Net earnings were $30.5M, down 9% year over year. The effective tax rate was 24.2%. Non-operating items added $11.4M, 28% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $33.6M (down 35% year over year), 110% of net earnings. Non-cash charges added back $19.6M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $19.1M. Capital expenditures of $24.8M left free cash flow of $8.9M.
Questions
What was Riley Exploration Permian's revenue in the second quarter 2025?
Riley Exploration Permian (REPX) reported revenue of $85.4M for the second quarter 2025 (Q2 2025), -19% from a year earlier and -17% from the quarter before.
Was Riley Exploration Permian profitable in the second quarter 2025?
Operating profit was $28.8M (33.7% of revenue) and net earnings $30.5M.