Filing Flows › Riley Exploration Permian (REPX) › Q4 2025
Riley Exploration Permian (REPX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 4, 2026
Riley Exploration Permian (REPX) reported revenue of $97.3M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -9% from the quarter before. Operating margin was 26.9%, net earnings $85.4M (87.8% of revenue).
Riley Exploration Permian, Q4 2025: revenue $97.3M (-5% year over year), operating margin 26.9%, net earnings $85.4M, operating cash flow $64.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $97.3M | -9% | -5% |
| Operating profit | $26.2M | -9% | -18% |
| Net earnings | $85.4M | +423% | +681% |
| Operating cash flow | $64.9M | +2% | -2% |
| Free cash flow | $30.5M | -38% | -31% |
What changed
Revenue was $97.3M in Q4 2025, down 5% year over year and down 9% from the previous quarter.
Operating profit was $26.2M, a 26.9% margin (down 4.3 points year over year). Total costs grew 1% against a revenue fall of 5%. Net earnings were $85.4M, up 681% year over year. The effective tax rate was 22.9%. Non-operating items added $84.6M, 76% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $64.9M (down 2% year over year), 76% of net earnings. Non-cash charges added back $27.3M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $50.2M. Capital expenditures of $34.4M left free cash flow of $30.5M.
Questions
What was Riley Exploration Permian's revenue in the fourth quarter 2025?
Riley Exploration Permian (REPX) reported revenue of $97.3M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -9% from the quarter before.
Was Riley Exploration Permian profitable in the fourth quarter 2025?
Operating profit was $26.2M (26.9% of revenue) and net earnings $85.4M.