Evolution Petroleum Corporation (EPM) Income Statement
EPM FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsEPM revenue and net income
Where EPM's revenue goes
FY2026Each bar shows an amount and its share of revenue. EPM kept −2.8% of revenue as net income.
EPM profit margins
EPM growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.6% | −12.4% | +21.4% | +12.6% |
| Gross profit | −8.8% | −38.1% | +3.5% | +0.9% |
| Operating income | −16.6% | −57.4% | — | +7.6% |
| Net income | −264.9% | — | — | — |
| EPS (diluted) | −675.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EPM quarterly EPS vs estimates
Evolution Petroleum beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 10, 2026 (estimate $-0.01).
EPM income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86.3M | $85.8M | $85.9M | $128.5M | $108.9M | $32.7M | $29.6M | $43.2M | $41.3M | $34.5M |
| Cost of revenue | $73.1M | $71.3M | $66.9M | $72.7M | $56.2M | $21.5M | $19.1M | $20.5M | $18.2M | $16.6M |
| Gross profit | $13.2M | $14.5M | $19.0M | $55.8M | $52.7M | $11.2M | $10.5M | $22.7M | $23.1M | $17.9M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $9.7M | $10.3M | $9.6M | $9.6M | $6.8M | $6.8M | $5.3M | $5.1M | $6.8M | $5.0M |
| Total operating expenses | $9.7M | $10.3M | $11.1M | $10.7M | $7.4M | $31.9M | $6.8M | $5.1M | $6.9M | $5.0M |
| Operating income | $3.5M | $4.2M | $7.9M | $45.1M | $45.4M | −$20.7M | $3.7M | $17.6M | $16.2M | $12.9M |
| Interest income | $72,000 | $191,000 | $342,000 | $176,000 | $95,000 | $39,401 | $66,640 | $122,600 | $85,654 | $56,855 |
| Interest expense | $3.8M | $3.0M | $1.5M | $458,000 | $572,000 | $103,000 | $110,775 | $116,546 | $110,780 | $81,758 |
| Income before taxes | −$3.1M | $1.9M | $5.5M | $45.3M | $41.1M | −$21.4M | $3.8M | $18.9M | $16.2M | $12.9M |
| Income taxes | $718,000 | $396,000 | $1.4M | $10.1M | $8.5M | −$5.0M | −$2.2M | $3.5M | −$3.4M | $4.8M |
| Net income | −$2.4M | $1.5M | $4.1M | $35.2M | $32.6M | −$16.4M | $5.9M | $15.4M | $19.6M | $8.0M |
| EBITDA | $26.3M | $26.8M | $27.0M | $60.0M | $49.8M | −$16.2M | $9.6M | $25.2M | $22.4M | $18.7M |
| EPS (diluted) | −$0.23 | $0.04 | $0.14 | $1.00 | $1.03 | $0.11 | $0.17 | $0.46 | $0.41 | $0.24 |
| Gross margin | 15.3% | 16.9% | 22.1% | 43.4% | 48.4% | 34.1% | 35.4% | 52.5% | 55.9% | 52.0% |
| Operating margin | 4.0% | 4.9% | 9.2% | 35.1% | 41.7% | −63.4% | 12.5% | 40.8% | 39.3% | 37.4% |
| Net margin | −2.8% | 1.7% | 4.8% | 27.4% | 30.0% | −50.3% | 20.1% | 35.6% | 47.5% | 23.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.2M | $20.2M | $20.7M | $21.3M | $21.1M | $22.6M | $20.3M | $21.9M | $21.2M | $23.0M | $21.0M | $20.6M |
| Cost of revenue | $24.3M | $18.3M | $17.4M | $13.1M | $17.2M | $18.4M | $18.2M | $17.5M | $15.3M | $18.5M | $17.0M | $16.1M |
| Gross profit | −$141,000 | $1.9M | $3.2M | $8.2M | $3.9M | $4.2M | $2.0M | $4.4M | $6.0M | $4.5M | $4.1M | $4.5M |
| Sales, general & admin | $2.4M | $2.5M | $2.6M | $2.3M | $2.6M | $2.6M | $2.7M | $2.5M | $2.1M | $2.4M | $2.5M | $2.6M |
| Total operating expenses | −$3.6M | $2.5M | $2.6M | $8.3M | $2.6M | $2.6M | $2.7M | $2.5M | $3.6M | $2.4M | $2.5M | $2.6M |
| Operating income | $3.5M | −$558,000 | $658,000 | −$85,000 | $1.3M | $1.6M | −$605,000 | $1.9M | $2.4M | $2.1M | $1.6M | $1.9M |
| Interest income | $26,000 | $24,000 | $12,000 | $10,000 | $27,000 | $55,000 | $52,000 | $57,000 | $59,000 | $63,000 | $104,000 | $116,000 |
| Interest expense | $969,000 | $960,000 | $1.0M | $917,000 | $678,000 | $705,000 | $764,000 | $823,000 | $875,000 | $518,000 | $34,000 | $32,000 |
| Income before taxes | $5.1M | −$11.4M | $1.9M | $1.2M | $4.4M | −$2.9M | −$2.5M | $2.9M | $1.5M | $446,000 | $1.6M | $1.9M |
| Income taxes | −$511,000 | −$2.4M | $837,000 | $365,000 | $973,000 | −$687,000 | −$711,000 | $821,000 | $243,000 | $157,000 | $554,000 | $463,000 |
| Net income | $4.6M | −$8.9M | $1.1M | $824,000 | $3.4M | −$2.2M | −$1.8M | $2.1M | $1.2M | $289,000 | $1.1M | $1.5M |
| EBITDA | $11.7M | −$5.1M | $8.8M | $8.1M | $10.9M | $2.9M | $3.7M | $9.4M | $7.7M | $6.9M | $6.3M | $6.2M |
| EPS (diluted) | −$0.02 | −$0.26 | $0.03 | $0.02 | $0.03 | $0.02 | −$0.03 | $0.02 | $0.04 | $0.03 | $0.03 | $0.04 |
| Gross margin | −0.6% | 9.5% | 15.7% | 38.5% | 18.6% | 18.4% | 10.1% | 20.0% | 28.1% | 19.5% | 19.3% | 21.6% |
| Operating margin | 14.3% | −2.8% | 3.2% | −0.4% | 6.3% | 7.0% | −3.0% | 8.5% | 11.3% | 9.1% | 7.4% | 9.0% |
| Net margin | 19.1% | −44.3% | 5.2% | 3.9% | 16.2% | −9.7% | −9.0% | 9.4% | 5.8% | 1.3% | 5.1% | 7.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EPM's financial statements (latest annual report filed September 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EPM financial results
In fiscal year 2026 (ended June 30, 2026), Evolution Petroleum reported revenue of $86.3 million, up 0.6% from the year before. It had a net loss of $2.4 million, a net profit margin of −2.8%. Diluted earnings per share came to −$0.23. Over five years revenue grew at an average rate of 21.4% a year.
See the EPM stock overview for the latest quote and news, or the EPM chart for price history and technical indicators.
EPM income statement FAQ
What is Evolution Petroleum's annual revenue?
Evolution Petroleum reported total revenue of $86.3 million for fiscal year 2026, which ended on June 30, 2026. That was up 0.6% from $85.8 million the previous year.
Is Evolution Petroleum profitable?
No. Evolution Petroleum reported a net loss of $2.4 million in fiscal 2026, a net profit margin of −2.8%; its operating margin was 4.0%.
What is Evolution Petroleum's gross margin?
Evolution Petroleum's gross margin was 15.3% in fiscal 2026: for every $100 of revenue, Evolution Petroleum kept $15 after the direct cost of its products and services.
How fast is Evolution Petroleum growing?
Revenue grew 21.4% a year on average over the last five fiscal years, from $32.7 million to $86.3 million.
What are Evolution Petroleum's earnings per share?
Evolution Petroleum earned $-0.23 per diluted share in fiscal 2026, compared with $0.04 a year earlier.
When will Evolution Petroleum report its next earnings?
Evolution Petroleum is expected to report results for the quarter ending September 30, 2026 on November 10, 2026 after the market closes.
When does Evolution Petroleum's fiscal year end?
Evolution Petroleum's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 16, 2026.