EVOLUTION PETROLEUM CORPEPMEarnings & Financial Report
EPM Q2 FY2026 Key Financial Metrics
Revenue
$20.7M
Gross Profit
$9.2M
Operating Profit
$658.0K
Net Profit
$1.1M
Gross Margin
44.3%
Operating Margin
3.2%
Net Margin
5.2%
YoY Growth
2.0%
EPS
$0.03
EVOLUTION PETROLEUM CORP Q2 FY2026 Financial Summary
EVOLUTION PETROLEUM CORP reported revenue of $20.7M (up 2.0% YoY) for Q2 FY2026, with a net profit of $1.1M (up 158.4% YoY) (5.2% margin). Cost of goods sold was $11.5M, operating expenses totaled $8.5M.
Key Financial Metrics
| Total Revenue | $20.7M |
|---|---|
| Net Profit | $1.1M |
| Gross Margin | 44.3% |
| Operating Margin | 3.2% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
EVOLUTION PETROLEUM CORP Q2 FY2026 revenue of $20.7M breaks down across 3 segments, led by Crude Oil at $10.7M (51.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Crude Oil | $10.7M | 51.7% |
| Natural Gas Reserves | $7.4M | 36.0% |
| Natural Gas Liquids Reserves | $2.5M | 12.3% |
EVOLUTION PETROLEUM CORP Revenue by Segment — Quarterly Trend
EVOLUTION PETROLEUM CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Crude Oil and Natural Gas Reserves) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Crude Oil | $10.7M | $12.9M | $12.8M | $11.8M |
| Natural Gas Reserves | $7.4M | $5.9M | $5.6M | $7.8M |
| Natural Gas Liquids Reserves | $2.5M | $2.5M | $2.6M | $3.0M |
EVOLUTION PETROLEUM CORP Annual Revenue by Year
EVOLUTION PETROLEUM CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $85.8M).
EVOLUTION PETROLEUM CORP Quarterly Revenue & Net Profit History
EVOLUTION PETROLEUM CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $20.7M | +2.0% | $1.1M | 5.2% |
| Q1 FY2026 | $21.3M | -2.8% | $824.0K | 3.9% |
| Q4 FY2025 | $21.1M | -0.6% | $3.4M | 16.2% |
| Q3 FY2025 | $22.6M | -2.0% | $-2.2M | -9.7% |
| Q2 FY2025 | $20.3M | -3.6% | $-1.8M | -9.0% |
| Q1 FY2025 | $21.9M | +6.3% | $2.1M | 9.4% |
| Q4 FY2024 | $21.2M | +16.8% | $1.2M | 5.8% |
| Q3 FY2024 | $23.0M | -37.5% | $289.0K | 1.3% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0M | $21.2M | $21.9M | $20.3M | $22.6M | $21.1M | $21.3M | $20.7M |
| YoY Growth | -37.5% | 16.8% | 6.3% | -3.6% | -2.0% | -0.6% | -2.8% | 2.0% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $166.5M | $162.9M | $157.9M | $160.2M | $156.4M | $160.3M | $169.1M | $169.3M |
| Liabilities | $83.1M | $81.8M | $78.3M | $83.9M | $84.7M | $88.4M | $100.0M | $101.7M |
| Equity | $83.5M | $81.1M | $79.6M | $76.3M | $71.7M | $71.8M | $69.1M | $67.5M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.4M | $8.0M | $7.6M | $7.7M | $7.3M | $10.5M | $7.8M | $5.4M |