Filing Flows › Comparisons › EPM vs EPSN
Evolution Petroleum vs Epsilon Energy: EPM and EPSN compared
Evolution Petroleum is the larger company: $24.2M of revenue in its latest quarter (Q4 FY26) against $18.3M for Epsilon Energy (Q2 2026). Epsilon Energy is growing faster (+57% against +15% a year earlier). Epsilon Energy is more profitable, with an operating margin of 45.9% against 14.3%.
Where the money goes: EPM and EPSN
Evolution Petroleum (EPM) · Q4 FY26
Evolution Petroleum, Q4 FY26: revenue $24.2M (+15% year over year), operating margin 14.3%, net earnings $4.6M, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
Epsilon Energy (EPSN) · Q2 2026
Epsilon Energy, Q2 2026: revenue $18.3M (+57% year over year), operating margin 45.9%, net earnings $7.1M, operating cash flow $12.3M. The chart follows the revenue to costs, profit and cash.
| Evolution Petroleum (EPM) | Epsilon Energy (EPSN) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q2 2026 |
| Revenue | $24.2M | $18.3M |
| Revenue growth, Y/Y | +15% | +57% |
| Operating margin | 14.3% | 45.9% |
| Net earnings | $4.6M | $7.1M |
| Net margin | 19.1% | 39.1% |
| Operating cash flow | $6.8M | $12.3M |
| Free cash flow | $5.1M | $7.3M |
Where the revenue comes from
Evolution Petroleum
- Crude oil: $16.5M (68%)
- Natural gas: $4.4M (18%)
- Natural gas liquids: $3.3M (14%)
Epsilon Energy
- Gas, oil, NGL and condensate revenue: $16.9M (93%)
- Gathering and Compression fees: $1.3M (7%)
Questions
Which is bigger, Evolution Petroleum or Epsilon Energy?
Evolution Petroleum is the larger company: $24.2M of revenue in its latest quarter (Q4 FY26) against $18.3M for Epsilon Energy (Q2 2026).
Is Evolution Petroleum or Epsilon Energy growing faster?
Epsilon Energy is growing faster (+57% against +15% a year earlier).
Which is more profitable, Evolution Petroleum or Epsilon Energy?
Epsilon Energy is more profitable, with an operating margin of 45.9% against 14.3%.
More: Evolution Petroleum earnings · how Evolution Petroleum makes money · Epsilon Energy earnings · how Epsilon Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-K filed Sep 16, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.