Filing Flows › Sandridge Energy (SD) › Q2 2025
Sandridge Energy (SD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Sandridge Energy (SD) reported revenue of $34.5M for the second quarter 2025 (Q2 2025), +33% from a year earlier and -19% from the quarter before. Operating margin was 53.7%, net earnings $19.6M (56.6% of revenue).
Sandridge Energy, Q2 2025: revenue $34.5M (+33% year over year), operating margin 53.7%, net earnings $19.6M, operating cash flow $22.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $34.5M | -19% | +33% |
| Operating profit | $18.5M | +52% | +198% |
| Net earnings | $19.6M | +50% | +122% |
| Operating cash flow | $22.9M | +12% | +100% |
| Free cash flow | $9.8M | — | +9% |
What changed
Revenue was $34.5M in Q2 2025, up 33% year over year and down 19% from the previous quarter.
Operating profit was $18.5M, a 53.7% margin (up 29.7 points year over year). Of the extra revenue versus a year earlier, 144% reached operating profit, above the 24% margin then. Total costs fell 19% while revenue rose 33%. Net earnings were $19.6M, up 122% year over year. The effective tax rate was 0.0%.
Operating cash flow was $22.9M (up 100% year over year), 117% of net earnings. Non-cash charges added back $9.9M of depreciation and amortization and $720K of share-based compensation. Working capital and other items used $7.3M. After net cash used in investing activities, net ($12.6M) and proceeds from sale of assets ($406K), free cash flow as the company reports it was $9.8M.
Questions
What was Sandridge Energy's revenue in the second quarter 2025?
Sandridge Energy (SD) reported revenue of $34.5M for the second quarter 2025 (Q2 2025), +33% from a year earlier and -19% from the quarter before.
Was Sandridge Energy profitable in the second quarter 2025?
Operating profit was $18.5M (53.7% of revenue) and net earnings $19.6M.
Source: Sandridge Energy 10-Q on SEC EDGAR.