Epsilon Energy Ltd. (EPSN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EPSN SEC filings page.
Epsilon Energy Ltd. (EPSN) reported $67.7M in revenue over the twelve months to Jun 30, 2026, up 53.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue rebounded in FY2025, but an operating loss and investment spending beyond internal cash generation changed how Epsilon was financed.
Epsilon generated operating cash flow of$20.6M despite a net loss of$5.8M , indicating that noncash items and working-capital movements more than offset the accounting loss. The$61.6M investing outflow exceeded that internally generated cash, while$43.7M of financing supplied a large part of the gap.
Operating margin moved from
Total assets rose from
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Epsilon Energy Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Epsilon Energy Ltd. has an operating margin of -20.4%, meaning the company loses $20 on every $100 of revenue. This results in a profitability score of 20/100. This is down from 10.9% the prior year.
Epsilon Energy Ltd.'s revenue surged 63.7% year-over-year to $51.6M, reflecting rapid business expansion. This strong growth earns a score of 88/100.
Epsilon Energy Ltd. has a moderate D/E ratio of 0.83. This balance of debt and equity financing earns a leverage score of 51/100.
Epsilon Energy Ltd.'s current ratio of 1.31 indicates adequate short-term liquidity, earning a score of 51/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Epsilon Energy Ltd., and counted as zero in the overall score.
Epsilon Energy Ltd. posts a -4.7% return on equity (ROE), meaning it loses $5 for every $100 of shareholders' equity. This results in a returns score of 21/100. This is down from 2.0% the prior year.
Epsilon Energy Ltd. scores 0.84, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($181.7M) relative to total liabilities ($103.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Epsilon Energy Ltd. passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Epsilon Energy Ltd. reported a net loss of $5.8M while generating $20.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Epsilon Energy Ltd. reported an operating loss of $10.5M against $624K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Epsilon Energy Ltd. generated $18.3M in revenue in Q2 2026. This represents an increase of 57.1% from the same quarter a year earlier. Against the prior quarter it is down 28.7%.
Epsilon Energy Ltd. reported $7.1M in net income in Q2 2026. This represents an increase of 359.8% from the same quarter a year earlier. Against the prior quarter it is up 878.0%.
Epsilon Energy Ltd. earned $0.23 per diluted share (EPS) in Q2 2026. This represents an increase of 228.6% from the same quarter a year earlier. Against the prior quarter it is up 1050.0%.
Not reported for Q2 2026.
Cash & Balance Sheet
Epsilon Energy Ltd. held $11.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Epsilon Energy Ltd.'s operating margin was 45.9% in Q2 2026, reflecting core business profitability. This is up 38.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.7 percentage points.
Epsilon Energy Ltd.'s net profit margin was 39.1% in Q2 2026, showing the share of revenue converted to profit. This is up 25.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 36.2 percentage points.
Epsilon Energy Ltd.'s ROE was 5.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 3.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.9 percentage points.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
EPSN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.3M+57.1% | $25.6M+58.4% | $14.8M+65.7% | $9.0M+23.2% | $11.6M+59.1% | $16.2M+102.4% | $8.9M+4.4% | $7.3M+15.5% |
| SG&A Expenses | N/A | N/A | N/A | N/A | $710K+4383.7% | $1.1M+34.9% | N/A | N/A |
| Operating Income | $8.4M+910.9% | $10.8M+50.8% | -$19.1M-3227.5% | $606K+151.9% | $829K-29.0% | $7.2M+410.3% | $611K-64.1% | $241K-67.8% |
| Interest Expense | $877K+4307.0% | $942K+7610.9% | $580K+5043.8% | $12K-33.7% | $20K+127.3% | $12K+39.4% | $11K+28.8% | $18K+100.9% |
| Income Tax | $2.4M+32.2% | $268K-84.0% | -$3.7M-597.8% | $576K+56.5% | $1.8M+300.4% | $1.7M+2990.1% | $748K-18.5% | $368K-48.1% |
| Net Income | $7.1M+359.8% | $729K-81.8% | -$12.4M-1535.0% | $1.1M+193.0% | $1.6M+90.2% | $4.0M+166.5% | -$761K-129.3% | $366K-5.9% |
| EPS (Basic) | $0.24+242.9% | $0.02-88.9% | -$0.55-1733.3% | $0.05+150.0% | $0.07+75.0% | $0.18+157.1% | -$0.03-125.0% | $0.020.0% |
| EPS (Diluted) | $0.23+228.6% | $0.02 | -$0.55-1733.3% | $0.05+150.0% | $0.07+75.0% | $0.18+157.1% | -$0.03-125.0% | $0.020.0% |
| Diluted Shares (Avg) | 30M+37.0% | 30M | N/A | 22M0.0% | 22M+0.8% | 22M+0.5% | N/A | 22M-0.1% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EBITDA.
EPSN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $236.4M+91.3% | $226.4M+80.4% | $228.2M+89.5% | $126.3M+3.7% | $123.6M+2.0% | $125.5M+0.3% | $120.5M-2.9% | $121.8M+1.7% |
| Current Assets | $33.8M+104.4% | $29.8M+91.6% | $32.6M+130.6% | $19.1M+29.2% | $16.5M+10.4% | $15.5M-31.2% | $14.1M-65.6% | $14.8M-61.3% |
| Cash & Equivalents | $11.2M+12.7% | $7.9M+14.8% | $9.0M+37.4% | $12.8M+53.7% | $9.9M+15.5% | $6.9M+198.6% | $6.5M-51.4% | $8.3M-33.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% |
| Accounts Receivable | $17.5M+217.9% | $16.8M+109.8% | $16.1M+176.1% | $4.5M+1.0% | $5.5M+11.2% | $8.0M+58.1% | $5.8M-2.9% | $4.5M+11.6% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $106.5M+354.8% | $102.3M+296.5% | $103.5M+336.2% | $26.1M+11.2% | $23.4M+8.9% | $25.8M+2.4% | $23.7M+1.3% | $23.4M+15.4% |
| Current Liabilities | $35.1M+374.3% | $27.6M+195.8% | $25.0M+257.6% | $9.9M+35.5% | $7.4M+22.2% | $9.3M-3.4% | $7.0M-11.6% | $7.3M+40.3% |
| Non-Current Liabilities | $71.4M+345.8% | $74.7M+353.6% | $78.5M+369.0% | $16.2M+0.2% | $16.0M+3.7% | $16.5M+5.9% | $16.7M+7.8% | $16.1M+6.7% |
| Total Equity | $129.9M+29.7% | $124.1M+24.5% | $124.7M+29.0% | $100.2M+1.9% | $100.2M+0.5% | $99.7M-0.2% | $96.7M-3.9% | $98.4M-1.1% |
| Retained Earnings | -$49.2M-27.2% | -$54.5M-40.1% | -$53.3M-28.4% | -$39.0M+1.0% | -$38.7M-0.8% | -$38.9M-2.8% | -$41.5M-9.4% | -$39.4M-0.6% |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
EPSN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.3M+46.8% | $10.1M+17.7% | -$277K-105.5% | $4.0M+44.4% | $8.3M+55.1% | $8.6M+132.5% | $5.0M+30.7% | $2.7M-33.9% |
| Stock-Based Compensation | $548K+41.9% | $548K+41.9% | N/A | $377K+21.8% | $386K+23.0% | $386K+20.0% | N/A | $309K-29.7% |
| Investing Cash Flow | -$2.1M+45.7% | -$4.3M+37.2% | -$51.3M-811.9% | $314K+121.1% | -$3.9M-273.4% | -$6.8M+42.4% | -$5.6M-343.4% | -$1.5M-151.7% |
| Financing Cash Flow | -$6.9M-400.9% | -$6.9M-400.5% | $47.8M+3589.8% | -$1.4M+31.1% | -$1.4M-0.3% | -$1.4M+46.6% | -$1.4M+18.5% | -$2.0M+50.3% |
| Dividends Paid | $1.9M+37.4% | $1.9M+37.0% | $1.9M+36.4% | $1.4M+0.3% | $1.4M+0.3% | $1.4M+0.4% | $1.4M-0.9% | $1.4M-1.0% |
| Share Buybacks | N/A | N/A | $0 | $0-100.0% | $0 | $0-100.0% | $0-100.0% | $628K-76.2% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow.
EPSN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 45.9%+38.7pp | 42.2%-2.1pp | -129.0% | 6.8%+3.5pp | 7.1%-8.8pp | 44.4%+26.8pp | 6.8%-13.0pp | 3.3%-8.5pp |
| Net Margin | 39.1%+25.7pp | 2.9%-22.0pp | -83.9%-75.4pp | 11.9%+6.9pp | 13.4%+2.2pp | 24.9%+6.0pp | -8.5%-38.8pp | 5.0%-1.1pp |
| Return on Equity | 5.5%+3.9pp | 0.6%-3.4pp | -10.0%-9.2pp | 1.1%+0.7pp | 1.6%+0.7pp | 4.0%+2.5pp | -0.8%-3.4pp | 0.4%0.0pp |
| Return on Assets | 3.0%+1.8pp | 0.3%-2.9pp | -5.5%-4.8pp | 0.9%+0.6pp | 1.3%+0.6pp | 3.2%+2.0pp | -0.6%-2.7pp | 0.3%0.0pp |
| Current Ratio | 0.96-1.3x | 1.08-0.6x | 1.31-0.7x | 1.93-0.1x | 2.23-0.2x | 1.66-0.7x | 2.02-3.2x | 2.02-5.3x |
| Debt-to-Equity | 0.82+0.6x | 0.82+0.6x | 0.83+0.6x | 0.260.0x | 0.230.0x | 0.260.0x | 0.250.0x | 0.240.0x |
| Asset Turnover | 0.080.0x | 0.110.0x | 0.060.0x | 0.070.0x | 0.090.0x | 0.13+0.1x | 0.070.0x | 0.060.0x |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Epsilon Energy Ltd. EPSN | FY2025 | $51.6M | -$5.8M | -11.2% | $181.7M | 39/100 |
| Prairie Operating Co. PROP | FY2025 | $241.6M | $32.1M | 13.3% | $46.2M | 23/100 |
| Gran Tierra Energy Inc. GTE | FY2025 | $596.7M | -$193.1M | -32.4% | $372.2M | 12/100 |
| Amplify Energy Corp. AMPY | FY2025 | $263.4M | $44.0M | 16.7% | $187.0M | 53/100 |
| Empire Petroleum Corporation EP | FY2025 | $34.2M | -$72.1M | N/A | $135.2M | 19/100 |
| Kolibri Global Energy Inc. KGEI | FY2025 | $57.4M | $15.5M | 27.0% | $233.2M | 28/100 |
Where Epsilon Energy Ltd. Ranks
Frequently Asked Questions
What is Epsilon Energy Ltd.'s annual revenue?
Epsilon Energy Ltd. (EPSN) reported $51.6M in total revenue for fiscal year 2025. This represents a 63.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Epsilon Energy Ltd.'s revenue growing?
Epsilon Energy Ltd. (EPSN) revenue grew by 63.7% year-over-year, from $31.5M to $51.6M in fiscal year 2025.
Is Epsilon Energy Ltd. profitable?
No, Epsilon Energy Ltd. (EPSN) reported a net income of -$5.8M in fiscal year 2025, with a net profit margin of -11.2%.
What is Epsilon Energy Ltd.'s operating margin?
Epsilon Energy Ltd. (EPSN) had an operating margin of -20.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Epsilon Energy Ltd.'s net profit margin?
Epsilon Energy Ltd. (EPSN) had a net profit margin of -11.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Epsilon Energy Ltd.'s return on equity (ROE)?
Epsilon Energy Ltd. (EPSN) has a return on equity of -4.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Epsilon Energy Ltd.'s operating cash flow?
Epsilon Energy Ltd. (EPSN) generated $20.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Epsilon Energy Ltd.'s total assets?
Epsilon Energy Ltd. (EPSN) had $228.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Epsilon Energy Ltd.'s current ratio?
Epsilon Energy Ltd. (EPSN) had a current ratio of 1.31 as of fiscal year 2025, which is considered adequate.
What is Epsilon Energy Ltd.'s debt-to-equity ratio?
Epsilon Energy Ltd. (EPSN) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Epsilon Energy Ltd.'s return on assets (ROA)?
Epsilon Energy Ltd. (EPSN) had a return on assets of -2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Epsilon Energy Ltd.'s P/E ratio?
Epsilon Energy Ltd. (EPSN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $181.7M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Epsilon Energy Ltd.'s price-to-sales ratio?
Epsilon Energy Ltd. (EPSN) trades at 2.7x sales, its market capitalization divided by revenue of $67.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $181.7M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Epsilon Energy Ltd.'s Altman Z-Score?
Epsilon Energy Ltd. (EPSN) has an Altman Z-Score of 0.84, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Epsilon Energy Ltd.'s Piotroski F-Score?
Epsilon Energy Ltd. (EPSN) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Epsilon Energy Ltd.'s earnings high quality?
Epsilon Energy Ltd. (EPSN) reported a net loss of $5.8M while generating $20.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Epsilon Energy Ltd. cover its interest payments?
Epsilon Energy Ltd. (EPSN) reported an operating loss of $10.5M against $624K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Epsilon Energy Ltd.?
Epsilon Energy Ltd. (EPSN) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.