Prairie Operating Co. (PROP) Income Statement
PROP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPROP revenue and net income
Where PROP's revenue goes
2025Each bar shows an amount and its share of revenue. PROP kept 13.3% of revenue as net income.
PROP profit margins
PROP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2,943.8% | — | +257.8% | +26.0% |
| Gross profit | +2,428.8% | — | +267.1% | +36.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PROP quarterly EPS vs estimates
Prairie Operating beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 13, 2026 (estimate $0.16).
PROP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $241.6M | $7.9M | $0 | $0 | $369,804 | $412,325 | $10.6M | $13.9M | $15.1M | $22.7M |
| Cost of revenue | $120.5M | $3.1M | $0 | $0 | $281,790 | $230,499 | $11.1M | $11.3M | $15.1M | $16.2M |
| Gross profit | $121.2M | $4.8M | $0 | $0 | $88,014 | $181,826 | −$497,000 | $2.6M | $9,316 | $6.5M |
| Sales, general & admin | $50.6M | $30.6M | $16.3M | $461,520 | $18.1M | $2.5M | $2.8M | $3.6M | $5.3M | $7.7M |
| Total operating expenses | $52.2M | $31.3M | $16.5M | $461,520 | $18.3M | $2.5M | $1.4M | $3.6M | $5.3M | $7.7M |
| Operating income | $69.0M | −$26.5M | −$16.5M | −$461,520 | −$18.2M | −$2.3M | −$1.9M | −$941,015 | −$5.3M | −$1.2M |
| Interest income | $759,000 | $580,000 | $248,000 | $0 | — | — | — | — | — | — |
| Interest expense | $28.5M | $1.1M | $122,000 | $613,827 | $1.2M | $637,044 | $304,449 | $1.7M | $395,102 | $26,481 |
| Income before taxes | $53.7M | −$39.9M | −$62.0M | −$461,520 | −$19.2M | −$2.9M | −$2.2M | −$2.6M | −$5.7M | −$1.5M |
| Income taxes | $21.7M | — | — | — | — | — | — | — | — | — |
| Net income | $32.1M | −$40.9M | −$79.1M | −$461,520 | −$17.3M | −$1.9M | −$2.2M | −$2.6M | −$5.7M | −$1.6M |
| EBITDA | $131.1M | −$38.3M | −$60.9M | $188,801 | −$17.9M | −$2.2M | −$1.8M | −$857,979 | −$5.2M | −$1.3M |
| EPS (diluted) | −$4.69 | −$1.78 | −$8.05 | −$34.25 | −$81.48 | −$15.11 | −$17.61 | −$21.86 | −$30.69 | −$89.12 |
| Gross margin | 50.1% | 60.4% | — | — | 23.8% | 44.1% | −4.7% | 18.9% | 0.1% | 28.8% |
| Operating margin | 28.5% | −334.0% | — | — | −4,924.4% | −551.7% | −17.6% | −6.8% | −35.4% | −5.2% |
| Net margin | 13.3% | −515.3% | — | — | −4,670.2% | −470.5% | −20.4% | −18.8% | −38.0% | −6.9% |
| 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 | $98.9M | $83.4M | $83.0M | $77.7M | $68.1M | $13.6M | $7.9M | $0 | $0 | $0 | $908,523 | $0 |
| Cost of revenue | $33.4M | $40.0M | $44.8M | $38.3M | $32.2M | $6.0M | $3.1M | $711 | $0 | $0 | $509,202 | $0 |
| Gross profit | $65.5M | $43.4M | $38.2M | $39.4M | $35.9M | $7.6M | $4.8M | −$711 | $0 | $0 | $399,321 | $0 |
| Sales, general & admin | $12.0M | $16.9M | $16.3M | $12.3M | $16.4M | $5.6M | $5.7M | $8.8M | $8.5M | $7.6M | $7.0M | $6.3M |
| Total operating expenses | $19.9M | $17.2M | $17.0M | $12.4M | $17.0M | $5.8M | $5.9M | $8.8M | $8.6M | $8.0M | $7.7M | $6.3M |
| Operating income | $45.6M | $26.3M | $21.2M | $27.0M | $18.9M | $1.8M | −$1.1M | −$8.8M | −$8.6M | −$8.0M | −$7.3M | −$6.3M |
| Interest income | $196,000 | $193,000 | $378,000 | $218,000 | $94,000 | $70,000 | $41,167 | $430,000 | $55,000 | $52,000 | $119,871 | $85,166 |
| Interest expense | $10.0M | $8.2M | $9.0M | $9.0M | $9.1M | $1.4M | $1.1M | $0 | $0 | $0 | $10,371 | $67,744 |
| Income before taxes | $128.8M | −$191.1M | $19.4M | $1.3M | $35.7M | −$2.6M | −$11.9M | −$11.4M | −$8.5M | −$8.0M | −$23.5M | −$34.2M |
| Income taxes | $19.8M | −$38.4M | $21.7M | — | — | — | — | — | — | — | — | — |
| Net income | $109.0M | −$152.7M | −$2.3M | $1.3M | $35.7M | −$2.6M | −$11.9M | −$11.4M | −$8.5M | −$9.0M | −$23.5M | −$34.4M |
| EBITDA | $62.6M | −$167.0M | $46.9M | $26.4M | $57.0M | $878,000 | −$10.4M | −$11.4M | −$8.5M | −$8.0M | −$23.0M | −$33.7M |
| EPS (diluted) | $0.12 | −$0.20 | $0.26 | $0.53 | $0.18 | −$3.49 | — | −$0.67 | −$0.70 | −$0.80 | — | — |
| Gross margin | 66.2% | 52.1% | 46.1% | 50.7% | 52.7% | 55.9% | 60.4% | — | — | — | 44.0% | — |
| Operating margin | 46.1% | 31.5% | 25.6% | 34.8% | 27.8% | 12.9% | −13.6% | — | — | — | −807.4% | — |
| Net margin | 110.3% | −183.0% | −2.8% | 1.7% | 52.4% | −19.3% | −150.4% | — | — | — | −2,581.3% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PROP's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PROP financial results
In fiscal year 2025 (ended December 31, 2025), Prairie Operating reported revenue of $241.6 million, up 2,943.8% from the year before. It had net income of $32.1 million, a net profit margin of 13.3%. Diluted earnings per share came to −$4.69. Over five years revenue grew at an average rate of 257.8% a year.
See the PROP stock overview for the latest quote and news, or the PROP chart for price history and technical indicators.
PROP income statement FAQ
What is Prairie Operating's annual revenue?
Prairie Operating reported total revenue of $241.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 2,943.8% from $7.9 million the previous year.
Is Prairie Operating profitable?
Yes. Prairie Operating reported net income of $32.1 million in fiscal 2025, a net profit margin of 13.3%; its operating margin was 28.5%.
What is Prairie Operating's gross margin?
Prairie Operating's gross margin was 50.1% in fiscal 2025: for every $100 of revenue, Prairie Operating kept $50 after the direct cost of its products and services.
How fast is Prairie Operating growing?
Revenue grew 257.8% a year on average over the last five fiscal years, from $0.4 million to $241.6 million.
What are Prairie Operating's earnings per share?
Prairie Operating earned $-4.69 per diluted share in fiscal 2025, compared with $-1.78 a year earlier.
When will Prairie Operating report its next earnings?
Prairie Operating is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Prairie Operating's fiscal year end?
Prairie Operating's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.