Filing Flows › Reserve Petroleum (RSRV) › Q3 2025
Reserve Petroleum (RSRV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Reserve Petroleum (RSRV) reported revenue of $4.5M for the third quarter 2025 (Q3 2025), +15% from a year earlier and +28% from the quarter before. Operating margin was 40.6%, net earnings $1.4M (30.4% of revenue).
Reserve Petroleum, Q3 2025: revenue $4.5M (+15% year over year), operating margin 40.6%, net earnings $1.4M, operating cash flow $2.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5M | +28% | +15% |
| Operating profit | $1.8M | +104% | +18% |
| Net earnings | $1.4M | +15% | -22% |
| Operating cash flow | $2.4M | -24% | -9% |
| Free cash flow | $375K | — | -40% |
What changed
Revenue was $4.5M in Q3 2025, up 15% year over year and up 28% from the previous quarter. Oil Sales was the largest line at 72% of revenue. Natural Gas Sales added $584K year over year (up 102%), 99% of the total change. Miscellaneous Oil and Gas Product Sales declined 48%.
Operating profit was $1.8M, a 40.6% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 40% margin then. Total costs grew 14% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+59%). Net earnings were $1.4M, down 22% year over year. The effective tax rate was 18.1%.
Operating cash flow was $2.4M (down 9% year over year), 174% of net earnings. Working capital and other items added $1.0M. Capital expenditures of $2.0M left free cash flow of $375K.
Questions
What was Reserve Petroleum's revenue in the third quarter 2025?
Reserve Petroleum (RSRV) reported revenue of $4.5M for the third quarter 2025 (Q3 2025), +15% from a year earlier and +28% from the quarter before.
Was Reserve Petroleum profitable in the third quarter 2025?
Operating profit was $1.8M (40.6% of revenue) and net earnings $1.4M.
Source: Reserve Petroleum 10-Q on SEC EDGAR.