Filing Flows › Reserve Petroleum (RSRV) › Q2 2026
Reserve Petroleum (RSRV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Reserve Petroleum (RSRV) reported revenue of $5.3M for the second quarter 2026 (Q2 2026), +54% from a year earlier and -4% from the quarter before. Operating margin was 47.8%, net earnings $2.5M (47.4% of revenue).
Reserve Petroleum, Q2 2026: revenue $5.3M (+54% year over year), operating margin 47.8%, net earnings $2.5M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3M | -4% | +54% |
| Operating profit | $2.6M | +60% | +189% |
| Net earnings | $2.5M | +155% | +114% |
| Operating cash flow | $4.2M | +54% | +35% |
| Free cash flow | $855K | -27% | — |
What changed
Revenue was $5.3M in Q2 2026, up 54% year over year and down 4% from the previous quarter. Oil Sales was the largest line at 79% of revenue. Oil Sales added $1.8M year over year (up 73%), 95% of the total change. Miscellaneous Oil and Gas Product Sales declined 6%.
Operating profit was $2.6M, a 47.8% margin (up 22.3 points year over year). Of the extra revenue versus Q2 2025, 89% reached operating profit, above the 26% margin then. Total costs grew 8% against revenue growth of 54%. Net earnings were $2.5M, up 114% year over year. The effective tax rate was 11.4%.
Operating cash flow was $4.2M (up 35% year over year), 165% of net earnings. Working capital and other items added $1.7M. Capital expenditures of $3.3M left free cash flow of $855K.
Questions
What was Reserve Petroleum's revenue in the second quarter 2026?
Reserve Petroleum (RSRV) reported revenue of $5.3M for the second quarter 2026 (Q2 2026), +54% from a year earlier and -4% from the quarter before.
Was Reserve Petroleum profitable in the second quarter 2026?
Operating profit was $2.6M (47.8% of revenue) and net earnings $2.5M.
Source: Reserve Petroleum 10-Q on SEC EDGAR.