Matador Resources CoMTDREarnings & Financial Report
Matador Resources Co is an independent energy firm engaged in the exploration, development, production and acquisition of oil, natural gas, and natural gas liquids. Its core operations are in major U.S. onshore resource basins, primarily serving North American energy markets.
Revenue
$915.1M
Gross Profit
N/A
Operating Profit
$306.0M
Net Profit
$176.4M
Gross Margin
N/A
Operating Margin
33.4%
Net Margin
19.3%
YoY Growth
6.4%
EPS
$1.42
Matador Resources Co Q3 FY2025 Financial Summary
Matador Resources Co reported revenue of $915.1M (up 6.4% YoY) for Q3 FY2025, with a net profit of $176.4M (down 29.0% YoY) (19.3% margin).
Key Financial Metrics
| Total Revenue | $915.1M |
|---|---|
| Net Profit | $176.4M |
| Gross Margin | N/A |
| Operating Margin | 33.4% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Matador Resources Co Q3 FY2025 revenue of $915.1M breaks down across 4 segments, led by Oil Revenues at $713.9M (78.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Oil Revenues | $713.9M | 78.0% |
| Natural Gas Revenues | $96.3M | 10.5% |
| Natural Gas Sales | $61.0M | 6.7% |
| Natural Gas Midstream | $43.8M | 4.8% |
Matador Resources Co Revenue by Segment — Quarterly Trend
Matador Resources Co revenue by segment across the last 4 reported quarters, showing how each business line (such as Oil Revenues and Natural Gas Revenues) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Oil Revenues | — | $713.9M | $719.4M | $749.3M |
| Natural Gas Revenues | — | $96.3M | $96.4M | $160.6M |
| Natural Gas Sales | $61.3M | $61.0M | $67.9M | $62.8M |
| Natural Gas Midstream | $45.4M | $43.8M | $42.0M | $33.5M |
Matador Resources Co Annual Revenue by Year
Matador Resources Co annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.7B |
| 2024 | $3.5B |
| 2023 | $2.8B |
| 2022 | $3.2B |
Matador Resources Co Quarterly Revenue & Net Profit History
Matador Resources Co results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $809.5M | -17.2% | $192.5M | 23.8% |
| Q3 FY2025 | $915.1M | +6.4% | $176.4M | 19.3% |
| Q2 FY2025 | $925.7M | +8.2% | $150.2M | 16.2% |
| Q1 FY2025 | $1.0B | +28.1% | $240.1M | 23.9% |
| Q4 FY2024 | $978.3M | +17.5% | $214.5M | 21.9% |
| Q3 FY2024 | $860.1M | +11.4% | $248.3M | 28.9% |
| Q2 FY2024 | $855.2M | +31.6% | $228.8M | 26.8% |
| Q1 FY2024 | $785.3M | +39.3% | $193.7M | 24.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $785.3M | $855.2M | $860.1M | $978.3M | $1.01B | $925.7M | $915.1M | $809.5M |
| YoY Growth | 39.3% | 31.6% | 11.4% | 17.5% | 28.1% | 8.2% | 6.4% | -17.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.23B | $8.52B | $10.62B | $10.85B | $11.08B | $11.28B | $11.65B | $11.71B |
| Liabilities | $3.81B | $3.89B | $5.75B | $5.76B | $5.79B | $5.91B | $6.14B | $6.05B |
| Equity | $4.42B | $4.63B | $4.87B | $5.09B | $5.29B | $5.37B | $5.51B | $5.66B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $468.6M | $592.9M | $610.4M | $575.0M | $727.9M | $501.0M | $721.7M | $474.4M |