Filing Flows › Sandridge Energy (SD) › Q1 2026
Sandridge Energy (SD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Sandridge Energy (SD) reported revenue of $49.8M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +26% from the quarter before. Operating margin was 35.9%, net earnings $18.7M (37.5% of revenue).
Sandridge Energy, Q1 2026: revenue $49.8M (+17% year over year), operating margin 35.9%, net earnings $18.7M, operating cash flow $19.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.8M | +26% | +17% |
| Operating profit | $17.9M | +18% | +46% |
| Net earnings | $18.7M | -14% | +43% |
| Operating cash flow | $19.8M | -38% | -3% |
What changed
Revenue was $49.8M in Q1 2026, up 17% year over year and up 26% from the previous quarter.
Operating profit was $17.9M, a 35.9% margin (up 7.3 points year over year). Of the extra revenue versus Q1 2025, 79% reached operating profit, above the 29% margin then. Total costs grew 5% against revenue growth of 17%. Net earnings were $18.7M, up 43% year over year. The effective tax rate was 0.0%.
Operating cash flow was $19.8M (down 3% year over year), 106% of net earnings. Non-cash charges added back $11.4M of depreciation and amortization and $702K of share-based compensation. Working capital and other items used $11.1M. Capital expenditures of $20.9M exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Sandridge Energy's revenue in the first quarter 2026?
Sandridge Energy (SD) reported revenue of $49.8M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +26% from the quarter before.
Was Sandridge Energy profitable in the first quarter 2026?
Operating profit was $17.9M (35.9% of revenue) and net earnings $18.7M.
Source: Sandridge Energy 10-Q on SEC EDGAR.