Filing Flows › Spindletop Oil & Gas (SPND) › Q1 2026 › vs Q4 2025
Spindletop Oil & Gas (SPND) Q1 2026 vs Q4 2025 (quarter over quarter)
Spindletop Oil & Gas's revenue rose $72K (+6%) from $1.2M in Q4 2025 to $1.3M in Q1 2026. Operating margin 9.2% against -214.7% (+223.9 pts).
Spindletop Oil & Gas, Q1 2026: revenue $1.3M (+10% year over year), operating margin 9.2%, net earnings $258K, operating cash flow $367K. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.2% | -214.7% | +223.9 pts |
| Net margin | 19.5% | -173.8% | +193.3 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3M | $1.2M | $72K | +6% |
| Other income, net | $168K | $197K | −$29K | -15% |
| Operating profit | $121K | −$2.7M | $2.8M | — |
| Costs & expenses | $1.2M | $3.9M | −$2.7M | -69% |
| Pre-tax earnings | $289K | −$2.5M | $2.8M | — |
| General & admin | $712K | $1.5M | −$810K | -53% |
| Other operating costs | $488K | $2.4M | −$1.9M | -80% |
| Net earnings | $258K | −$2.2M | $2.4M | — |
| Income tax | $31K | −$314K | $345K | — |
| Depreciation & amortization | $96K | $69K | $27K | +39% |
| Working capital & other | $13K | $911K | −$898K | -99% |
| Operating cash flow | $367K | −$1.2M | $1.6M | — |
Questions
How much did Spindletop Oil & Gas's revenue grow quarter over quarter in Q1 2026?
Spindletop Oil & Gas's revenue rose $72K (+6%) from $1.2M in Q4 2025 to $1.3M in Q1 2026. Operating margin 9.2% against -214.7% (+223.9 pts).