Filing Flows › Riley Exploration Permian (REPX) › Q2 2026
Riley Exploration Permian (REPX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Riley Exploration Permian (REPX) reported revenue of $166M for the second quarter 2026 (Q2 2026), +94% from a year earlier and +46% from the quarter before. Operating margin was 52.6%, net earnings $87.4M (52.7% of revenue).
Riley Exploration Permian, Q2 2026: revenue $166M (+94% year over year), operating margin 52.6%, net earnings $87.4M, operating cash flow $63.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $166M | +46% | +94% |
| Operating profit | $87.2M | +100% | +203% |
| Net earnings | $87.4M | — | +187% |
| Operating cash flow | $63.5M | +35% | +89% |
What changed
Revenue was $165.8M in Q2 2026, up 94% year over year and up 46% from the previous quarter.
Operating profit was $87.2M, a 52.6% margin (up 18.9 points year over year). Of the extra revenue versus Q2 2025, 73% reached operating profit, above the 34% margin then. Total costs grew 39% against revenue growth of 94%. Net earnings were $87.4M, up 187% year over year. The effective tax rate was 23.8%. Non-operating items added $27.5M, 24% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $63.5M (up 89% year over year), 73% of net earnings. Non-cash charges added back $24.7M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $52.4M. Capital expenditures of $67.3M exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Riley Exploration Permian's revenue in the second quarter 2026?
Riley Exploration Permian (REPX) reported revenue of $166M for the second quarter 2026 (Q2 2026), +94% from a year earlier and +46% from the quarter before.
Was Riley Exploration Permian profitable in the second quarter 2026?
Operating profit was $87.2M (52.6% of revenue) and net earnings $87.4M.