Filing Flows › Riley Exploration Permian (REPX) › Q3 2026
Riley Exploration Permian (REPX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Riley Exploration Permian (REPX) reported revenue of $201M for the third quarter 2026 (Q3 2026), +88% from a year earlier and +21% from the quarter before. Operating margin was 53.0%, net loss $2.4M (1.2% of revenue).
Riley Exploration Permian, Q3 2026: revenue $201M (+88% year over year), operating margin 53.0%, net loss $2.4M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $201M | +21% | +88% |
| Operating profit | $107M | +22% | +270% |
| Net earnings | −$2.4M | -103% | -115% |
| Operating cash flow | $111M | +75% | +75% |
| Free cash flow | $46.1M | — | -7% |
What changed
Revenue was $201.2M in Q3 2026, up 88% year over year and up 21% from the previous quarter. Oil sales, net was the largest line at 97% of revenue. Oil sales, net added $87.7M year over year (up 81%), 93% of the total change.
Operating profit was $106.7M, a 53.0% margin (up 26.0 points year over year). Of the extra revenue versus Q3 2025, 83% reached operating profit, above the 27% margin then. Total costs grew 21% against revenue growth of 88%. The quarter ended with a net loss of $2.4M, after a profit of $87.4M the previous quarter. Net interest and other expense of $110.0M was the main reason.
Operating cash flow was $111.3M (up 75% year over year). Non-cash charges added back $32.5M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items added $77.1M. Capital expenditures of $65.2M left free cash flow of $46.1M.
Questions
What was Riley Exploration Permian's revenue in the third quarter 2026?
Riley Exploration Permian (REPX) reported revenue of $201M for the third quarter 2026 (Q3 2026), +88% from a year earlier and +21% from the quarter before.
Was Riley Exploration Permian profitable in the third quarter 2026?
Operating profit was $107M (53.0% of revenue) and net loss $2.4M.