Filing Flows › Sandridge Energy (SD) › Q3 2025
Sandridge Energy (SD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Sandridge Energy (SD) reported revenue of $39.8M for the third quarter 2025 (Q3 2025), +32% from a year earlier and +15% from the quarter before. Operating margin was 37.8%, net earnings $16.0M (40.1% of revenue).
Sandridge Energy, Q3 2025: revenue $39.8M (+32% year over year), operating margin 37.8%, net earnings $16.0M, operating cash flow $25.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $39.8M | +15% | +32% |
| Operating profit | $15.0M | -19% | +77% |
| Net earnings | $16.0M | -18% | -37% |
| Operating cash flow | $25.3M | +11% | +21% |
| Free cash flow | $5.9M | — | -46% |
What changed
Revenue was $39.8M in Q3 2025, up 32% year over year and up 15% from the previous quarter.
Operating profit was $15.0M, a 37.8% margin (up 9.5 points year over year). Of the extra revenue versus a year earlier, 67% reached operating profit, above the 28% margin then. Total costs grew 15% against revenue growth of 32%. Net earnings were $16.0M, down 37% year over year. The effective tax rate was 0.0%.
Operating cash flow was $25.3M (up 21% year over year), 158% of net earnings. Non-cash charges added back $11.0M of depreciation and amortization and $688K of share-based compensation. Working capital and other items used $2.4M. After net cash used in investing activities, net ($19.0M) and proceeds from sale of assets ($330K), free cash flow as the company reports it was $5.9M.
Questions
What was Sandridge Energy's revenue in the third quarter 2025?
Sandridge Energy (SD) reported revenue of $39.8M for the third quarter 2025 (Q3 2025), +32% from a year earlier and +15% from the quarter before.
Was Sandridge Energy profitable in the third quarter 2025?
Operating profit was $15.0M (37.8% of revenue) and net earnings $16.0M.
Source: Sandridge Energy 10-Q on SEC EDGAR.