Filing Flows › TXO Partners, L.P. (TXO) › Q2 2026 › vs Q1 2026
TXO Partners, L.P. (TXO) Q2 2026 vs Q1 2026 (quarter over quarter)
TXO Partners, L.P.'s revenue rose $123M (+434%) from $28.3M in Q1 2026 to $151M in Q2 2026. Operating margin 38.2% against -274.3% (+312.5 pts).
TXO Partners, L.P., Q2 2026: revenue $151M (+68% year over year), operating margin 38.2%, net earnings $60.8M, operating cash flow $49.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 38.2% | -274.3% | +312.5 pts |
| Net margin | 40.3% | -262.9% | +303.2 pts |
| Free cash flow margin | 22.4% | 84.8% | -62.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $151M | $28.3M | $123M | +434% |
| Other income, net | $3.1M | $3.2M | −$109K | -3% |
| Operating profit | $57.7M | −$77.6M | $135M | — |
| Costs & expenses | $93.2M | $106M | −$12.6M | -12% |
| Pre-tax earnings | $60.8M | −$74.3M | $135M | — |
| General & admin | $4.8M | $4.8M | −$63K | -1% |
| Other operating costs | $88.5M | $101M | −$12.6M | -12% |
| Net earnings | $60.8M | −$74.3M | $135M | — |
| Depreciation & amortization | $24.0M | $28.8M | −$4.9M | -17% |
| Share-based compensation | $2.8M | $3.6M | −$789K | -22% |
| Working capital & other | $38.4M | −$75.3M | $114M | — |
| Operating cash flow | $49.1M | $33.4M | $15.7M | +47% |
| Free cash flow (OCF − capex) | $33.9M | $24.0M | $9.9M | +41% |
| Capital expenditures | $15.2M | $9.4M | $5.8M | +62% |
Questions
How much did TXO Partners, L.P.'s revenue grow quarter over quarter in Q2 2026?
TXO Partners, L.P.'s revenue rose $123M (+434%) from $28.3M in Q1 2026 to $151M in Q2 2026. Operating margin 38.2% against -274.3% (+312.5 pts).