Filing Flows › Spindletop Oil & Gas (SPND) › Q2 2026
Spindletop Oil & Gas (SPND) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 19, 2026
Spindletop Oil & Gas (SPND) reported revenue of $1.9M for the second quarter 2026 (Q2 2026), +87% from a year earlier and +47% from the quarter before. Operating margin was 37.5%, net earnings $747K (38.4% of revenue).
Spindletop Oil & Gas, Q2 2026: revenue $1.9M (+87% year over year), operating margin 37.5%, net earnings $747K, operating cash flow $343K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +47% | +87% |
| Operating profit | $729K | +502% | — |
| Net earnings | $747K | +190% | — |
| Operating cash flow | $343K | -7% | +420% |
What changed
Revenue was $1.9M in Q2 2026, up 87% year over year and up 47% from the previous quarter.
Operating profit was $729K, a 37.5% margin (up 63.3 points year over year). Total costs fell 7% while revenue rose 87%. Net earnings were $747K. The effective tax rate was 16.1%.
Operating cash flow was $343K (up 420% year over year), 46% of net earnings. Non-cash charges added back $52K of depreciation and amortization. Working capital and other items used $456K.
Questions
What was Spindletop Oil & Gas' revenue in the second quarter 2026?
Spindletop Oil & Gas (SPND) reported revenue of $1.9M for the second quarter 2026 (Q2 2026), +87% from a year earlier and +47% from the quarter before.
Was Spindletop Oil & Gas profitable in the second quarter 2026?
Operating profit was $729K (37.5% of revenue) and net earnings $747K.