What is Prairie Operating Co.'s earnings per share (EPS)?

Prairie Operating Co. (PROP) reported diluted earnings per share of -$1.35 for fiscal year 2025. This represents a 49.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Prairie Operating Co. (PROP) Financials

PROP

Trailing 12 months to June 30, 2026

Revenue $342.2M YoY not available

Net Income -$44.7M YoY not available

EPS (Diluted) -$1.35 FY2025 annual

Operating Cash Flow $238.4M +2602.7% YoY

Market Cap $47.7M as of Sep 15, 2026

Price / Sales 0.1x on $342.2M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.2x on $223.0M equity, Q2 FY2026

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 Sep 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PROP SEC filings page.

Prairie Operating Co. (PROP) reported $342.2M in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI PROP FY2025 2026-08-29

Rapid operating scale-up turned persistent losses into profit, while expansion remained financed by heavy external capital.

In FY2025, operating cash flow of $153.9M was nearly 4.8x net income of $32.1M, so accounting profit understated cash generation. That gap points to meaningful noncash charges and/or working-capital effects, making the earnings improvement more cash-supported than the income statement alone suggests.

Between FY2024 and FY2025, operating margin moved from -3.3% to 27.1% as revenue expanded sharply, indicating costs grew more slowly than the revenue base. R&D spending reached $152.9M in FY2025, so the margin shift occurred alongside continued heavy investment rather than simple cost cutting.

Debt-to-equity rose from 0.5x in FY2024 to 5.2x in FY2025, showing a much more leveraged funding structure. Liquidity was tight, with the current ratio at 0.6x, while investing cash outflow of $655.9M was paired with financing inflow of $496.8M, showing that expansion depended heavily on capital raised outside operations.

Financial Health Signals

Financial Health Score 24/100

Scored as: Energy peer group

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 Prairie Operating Co.'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.

Profitability

Prairie Operating Co. has an operating margin of 27.1%, meaning the company retains $27 of operating profit per $100 of revenue. This below-average margin results in a low score of 11/100, suggesting thin profitability after operating expenses. This is up from -334.0% the prior year.

Growth

Prairie Operating Co.'s revenue surged 2943.8% year-over-year to $241.6M, reflecting rapid business expansion. This strong growth earns a score of 99/100.

Leverage

Prairie Operating Co. has elevated debt relative to equity (D/E of 5.21), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 7/100, reflecting increased financial risk.

Liquidity

Prairie Operating Co.'s current ratio of 0.63 is below the typical benchmark, resulting in a score of 12/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Returns

Prairie Operating Co. generates a 24.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is up from -77.5% the prior year.

Altman Z-Score Distress

0.34

Prairie Operating Co. scores 0.34, below the 1.81 distress threshold. 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.

Piotroski F-Score Partial

6/7

Prairie Operating Co. passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

4.80x

For every $1 of reported earnings, Prairie Operating Co. generates $4.80 in operating cash flow ($153.9M OCF vs $32.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.30x

Prairie Operating Co. earns $2.30 in operating income for every $1 of interest expense ($65.6M vs $28.5M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$98.9M

YoY+45.2%

QoQ+18.5%

Prairie Operating Co. generated $98.9M in revenue in Q2 2026. This represents an increase of 45.2% from the same quarter a year earlier. Against the prior quarter it is up 18.5%.

Net Income

$109.0M

YoY+205.5%

QoQ+171.4%

Prairie Operating Co. reported $109.0M in net income in Q2 2026. This represents an increase of 205.5% from the same quarter a year earlier. Against the prior quarter it is up 171.4%.

EPS (Diluted)

$0.23

Prairie Operating Co. earned $0.23 per diluted share (EPS) in Q2 2026.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$21K

YoY-99.8%

QoQ-92.0%

5Y CAGR-57.7%

10Y CAGR-42.0%

Prairie Operating Co. held $21K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

113M

5Y CAGR+98.4%

10Y CAGR+8.2%

Prairie Operating Co. had 113M shares outstanding in Q2 2026.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Return on Equity

48.9%

YoY+11.0pp

QoQ+38217.1pp

Prairie Operating Co.'s ROE was 48.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 11.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 38217.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not shown for Q2 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

Share Buybacks

$59K

YoY-28.0%

QoQ-95.0%

Prairie Operating Co. spent $59K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 28.0% from the same quarter a year earlier. Against the prior quarter it is down 95.0%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

PROP 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.

PROP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$342.2M	$241.6M+2943.8%	$7.9M+413.6%	$1.5M+198.6%	$518K+40.0%	$370K-10.3%	$412K-96.1%	$10.6M-23.9%	$13.9M-7.7%	$15.1M-33.6%	$22.7M-5.5%	$24.0M+4.2%	$23.1M+106.1%	$11.2M+65.9%	$6.7M+78.3%	$3.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	$3.0M-68.9%	$9.7M-14.2%	$11.3M-25.1%	$15.1M-6.9%	$16.2M-13.8%	$18.8M+27.0%	$14.8M+113.4%	$6.9M+60.1%	$4.3M+52.7%	$2.8M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$905K-65.5%	$2.6M+28061.6%	$9K-99.9%	$6.5M+24.1%	$5.3M-36.5%	$8.3M+94.4%	$4.3M+76.3%	$2.4M+154.4%	$951K
R&D Expenses	N/A	$152.9M+302.4%	$38.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$7K-39.2%	$11K-98.7%	$815K
SG&A Expenses	$57.5M	$50.6M+65.6%	$30.6M+87.9%	$16.3M+351.1%	$3.6M-37.7%	$5.8M+182.6%	$2.0M+130.0%	$890K-21.3%	$1.1M-30.1%	$1.6M-36.8%	$2.6M+20.5%	$2.1M+8.9%	$2.0M+97.6%	$988K+20.1%	$822K-14.2%	$958K
Operating Income	N/A	$65.6M+347.3%	-$26.5M-60.4%	-$16.5M-117.3%	-$7.6M+58.2%	-$18.2M-700.6%	-$2.3M-22.5%	-$1.9M-97.4%	-$941K+82.4%	-$5.3M-351.5%	-$1.2M+59.0%	-$2.9M-296.3%	$1.5M+327.4%	$344K+73.7%	$198K+106.3%	-$3.2M
EBITDA	N/A	$114.5M+538.9%	-$26.1M-67.8%	-$15.5M-123.8%	-$6.9M+61.6%	-$18.1M-704.2%	-$2.3M-24.3%	-$1.8M-110.2%	-$861K+83.4%	-$5.2M-407.2%	-$1.0M+63.0%	-$2.8M-282.5%	$1.5M+331.5%	$351K+74.7%	$201K+106.4%	-$3.2M
Interest Expense	N/A	$28.5M+2397.5%	$1.1M+836.1%	$122K-80.1%	$614K-47.8%	$1.2M+84.5%	$637K+109.2%	$304K-81.8%	$1.7M	N/A	N/A	N/A	N/A	N/A	N/A	$331K
Income Tax	$3.1M	$21.7M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$44.7M	$32.1M+178.3%	-$40.9M+48.3%	-$79.1M	N/A	-$17.3M-790.1%	-$1.9M+10.2%	-$2.2M+17.3%	-$2.6M+54.4%	-$5.7M-263.9%	-$1.6M+63.0%	-$4.3M-527.1%	$996K+127.4%	-$3.6M-257.0%	-$1.0M+49.3%	-$2.0M
EPS (Basic)	N/A	-$1.35+49.1%	-$2.65+83.9%	-$16.51-1299.2%	-$1.18+68.2%	-$3.71-600.0%	-$0.53+14.5%	-$0.62+18.4%	-$0.76	N/A	N/A	-$0.08-500.0%	$0.02+122.2%	-$0.09	N/A	N/A
EPS (Diluted)	—	-$1.35+49.1%	-$2.65	-$16.51	N/A	N/A	-$0.53+14.5%	-$0.62	-$0.76	N/A	N/A	-$0.08-500.0%	$0.02+122.2%	-$0.09	N/A	N/A
Diluted Shares (Avg)	N/A	45M+192.7%	15M	5M	N/A	N/A	4M0.0%	4M	3M	N/A	N/A	51M-7.6%	56M+34.4%	41M	N/A	N/A

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	$98.9M+45.2%	$83.4M+513.8%	$82.2M	$77.7M	$68.1M	$13.6M	N/A	$0-100.0%
SG&A Expenses	$12.0M-27.3%	$16.9M+204.2%	$16.3M	$12.3M+39.6%	$16.4M+93.2%	$5.6M-27.0%	N/A	$8.8M+39.2%
Operating Income	N/A	N/A	$17.8M	$27.0M+406.8%	$18.9M+321.0%	$1.8M+121.8%	N/A	-$8.8M-39.6%
EBITDA	N/A	N/A	$36.3M	$43.1M+588.8%	$31.2M	$3.9M	N/A	-$8.8M-49.7%
Interest Expense	$10.0M+23.9%	$8.2M+583.1%	N/A	N/A	$8.1M	$1.2M	N/A	N/A
Income Tax	$19.8M	-$38.4M	$21.7M	$0	$0	$0	N/A	$0
Net Income	$109.0M+205.5%	-$152.7M-5733.9%	-$2.3M	$1.3M+111.3%	$35.7M+519.1%	-$2.6M+71.0%	N/A	-$11.4M+66.8%
EPS (Basic)	$1.75+68.3%	-$2.16+38.1%	$0.31+175.6%	-$0.44+35.3%	$1.04+129.8%	-$3.49-287.8%	-$0.41+42.3%	-$0.68+87.0%
EPS (Diluted)	$0.23	-$2.16	$0.31	-$0.44	$0.18	-$3.49	-$0.41	-$0.68
Diluted Shares (Avg)	186M	81M	N/A	51M	198M	27M	N/A	17M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

PROP Balance Sheet

PROP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$944.5M+503.3%	$156.6M+242.7%	$45.7M+2382.0%	$1.8M-86.1%	$13.2M+394.3%	$2.7M-22.7%	$3.5M+55.3%	$2.2M-24.3%	$2.9M-49.6%	$5.8M-13.8%	$6.8M-17.4%	$8.2M+86.9%	$4.4M+92.5%	$2.3M+229.5%	$691K
Current Assets	$79.7M+335.6%	$18.3M+35.3%	$13.5M+16846.6%	$80K-99.3%	$10.8M+388.3%	$2.2M-31.1%	$3.2M+52.0%	$2.1M-23.4%	$2.8M-50.6%	$5.6M-13.9%	$6.5M-16.3%	$7.8M+80.7%	$4.3M+90.2%	$2.3M+237.3%	$670K
Cash & Equivalents	$20K-99.6%	$5.2M-60.2%	$13.0M+16227.9%	$80K-97.1%	$2.8M+46.8%	$1.9M-31.7%	$2.8M+173.7%	$1.0M-42.7%	$1.8M-59.8%	$4.4M-6.8%	$4.7M-18.4%	$5.8M+59.4%	$3.6M+85.7%	$2.0M+363.6%	$422K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$3.6M+71980.0%	$5K	N/A	N/A	$19K-91.5%	$221K	N/A	N/A	$1K	N/A	$40K	N/A	$27K	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$427-98.7%	$33K+29503.5%	$113-99.9%	$124K-63.0%	$336K+78.9%	$188K-53.9%	$407K	N/A	$18K-56.2%	$41K-25.2%	$54K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$25K	$0	$0	$0
Total Liabilities	$678.2M+553.5%	$103.8M+1783.6%	$5.5M-34.1%	$8.4M-7.1%	$9.0M-5.4%	$9.5M-2.0%	$9.7M+36.0%	$7.1M+13.2%	$6.3M+67.5%	$3.8M-30.6%	$5.4M+37.9%	$3.9M+87.8%	$2.1M-65.3%	$6.0M+47.8%	$4.1M
Current Liabilities	$125.8M+99.6%	$63.0M+1063.4%	$5.4M+143.7%	$2.2M-63.2%	$6.0M-14.5%	$7.1M-8.3%	$7.7M+7.9%	$7.1M+13.2%	$6.3M+130.4%	$2.7M-49.5%	$5.4M+37.9%	$3.9M+87.8%	$2.1M+67.8%	$1.2M-41.5%	$2.1M
Non-Current Liabilities	$552.5M+1254.8%	$40.8M+43279.8%	$94K-37.3%	$150K-94.9%	$3.0M+21.0%	$2.4M+21.9%	$2.0M	$0	$0-100.0%	$1.0M	$0	$0	$0-100.0%	$4.8M+145.8%	$1.9M
Long-Term Debt	N/A	$28.0M+1300.0%	$2.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$130.2M+146.7%	$52.8M+31.4%	$40.2M+715.7%	-$6.5M-255.4%	$4.2M+161.3%	-$6.8M-9.4%	-$6.3M-27.3%	-$4.9M-46.0%	-$3.4M-262.5%	$2.1M+53.3%	$1.4M-68.3%	$4.3M+86.1%	$2.3M+161.1%	-$3.8M-10.7%	-$3.4M
Retained Earnings	-$87.7M+26.8%	-$119.8M-51.9%	-$78.9M-29.8%	-$60.7M-28.4%	-$47.3M-57.5%	-$30.0M-6.9%	-$28.1M-8.3%	-$25.9M-11.2%	-$23.3M-32.6%	-$17.6M-9.8%	-$16.0M-36.2%	-$11.8M+7.8%	-$12.8M-43.7%	-$8.9M-54.7%	-$5.7M

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	$1.0B+17.1%	$958.8M+23.6%	$944.5M+503.3%	$939.8M+776.9%	$858.5M+1680.0%	$775.4M+1566.5%	$156.6M+242.7%	$107.2M+167.3%
Current Assets	$41.9M-57.0%	$58.3M-18.8%	$79.7M+335.6%	$121.0M+112.0%	$97.4M+2015.4%	$71.9M+1060.6%	$18.3M+35.3%	$57.1M+649.9%
Cash & Equivalents	$21K-99.8%	$263K-98.2%	$20K-99.6%	$10.6M-73.4%	$10.7M+378.5%	$15.0M+269.9%	$5.2M-60.2%	$40.1M+453.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$4.2M+23.6%	$2.7M+107.1%	$3.6M+71980.0%	$4.9M	$3.4M	$1.3M	$5K	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$739.0M+23.2%	$836.3M+12.8%	$678.2M+553.5%	$679.3M+1380.3%	$599.8M+4629.4%	$741.4M+8260.9%	$103.8M+1783.6%	$45.9M-55.9%
Current Liabilities	$167.4M+3.6%	$239.4M+89.0%	$125.8M+99.6%	$145.0M+222.2%	$161.6M+1192.4%	$126.6M+1364.1%	$63.0M+1063.4%	$45.0M+288.0%
Non-Current Liabilities	$571.6M+30.5%	$596.9M+40.0%	$552.5M+1254.8%	$534.3M+60950.3%	$438.1M+249539.0%	$426.5M+195474.8%	$40.8M+43279.8%	$875K-98.3%
Long-Term Debt	N/A	N/A	N/A	N/A	$387.0M	$377.0M	$28.0M+1300.0%	N/A
Total Equity	$223.0M+136.8%	$400K-98.8%	$130.2M+146.7%	$101.8M+66.2%	$94.2M+164.9%	$34.0M-9.6%	$52.8M+31.4%	$61.3M+195.7%
Retained Earnings	-$131.4M-51.5%	-$240.4M-96.4%	-$87.7M+26.8%	-$85.4M+20.8%	-$86.7M+10.1%	-$122.4M-39.2%	-$119.8M-51.9%	-$107.8M-94.6%

Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.

PROP Cash Flow Statement

PROP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$238.4M	$153.9M+1746.4%	-$9.3M+21.7%	-$11.9M-444.6%	-$2.2M+68.5%	-$7.0M-550.9%	-$1.1M-51.7%	-$706K+5.1%	-$743K+70.7%	-$2.5M-1.8%	-$2.5M-661.5%	$443K-80.3%	$2.2M+29.7%	$1.7M+612.2%	$243K+115.5%	-$1.6M
Depreciation & Amortization	N/A	$48.9M+11355.7%	$427K-56.6%	$984K+49.5%	$658K+484.9%	$113K+362.3%	$24K-49.0%	$48K-40.4%	$80K-45.9%	$148K-7.1%	$159K+33.5%	$119K+162.0%	$45K+523.5%	$7K+142.1%	$3K+9.6%	$3K
Stock-Based Compensation	N/A	$14.8M+76.2%	$8.4M+189.4%	$2.9M+8.0%	$2.7M-78.3%	$12.3M+2924.5%	$408K+48.6%	$275K-23.1%	$357K+20.6%	$296K-61.9%	$778K-40.9%	$1.3M+50.6%	$874K+32.1%	$662K+118.9%	$302K-56.8%	$700K
Capital Expenditures	N/A	N/A	N/A	$200K-96.2%	$5.3M+128.7%	$2.3M+9262.0%	$25K+311.3%	$6K-47.3%	$11K-88.4%	$98K-42.2%	$170K+61.3%	$105K-59.4%	$259K+372.1%	$55K	N/A	$4K
Free Cash Flow	N/A	N/A	N/A	-$12.1M-62.1%	-$7.5M+19.4%	-$9.3M-747.6%	-$1.1M-53.9%	-$712K+5.7%	-$755K+71.3%	-$2.6M+1.0%	-$2.7M-886.6%	$338K-83.0%	$2.0M+18.4%	$1.7M	N/A	-$1.6M
Investing Cash Flow	-$277.5M	-$655.9M-686.4%	-$83.4M-252.2%	-$23.7M-1204.5%	-$1.8M+81.7%	-$9.9M-6234.8%	-$157K-2506.1%	-$6K+47.3%	-$11K+88.4%	-$98K+68.5%	-$311K+79.5%	-$1.5M-1613.5%	-$88K-60.9%	-$55K	$0+100.0%	-$4K
Financing Cash Flow	$28.5M	$496.8M+485.1%	$84.9M+74.8%	$48.6M+3206.5%	$1.5M-91.7%	$17.8M+5018.3%	$348K-86.0%	$2.5M	N/A	N/A	$2.5M+61816.7%	$4K	N/A	$0-100.0%	$1.3M-11.3%	$1.5M
Share Buybacks	$1.4M	$531K	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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	$52.0M+821.1%	$42.3M+149.6%	$86.5M+2444.7%	$57.7M+1966.7%	-$7.2M-40.7%	$16.9M+609.4%	-$3.7M+7.8%	$2.8M+197.0%
Depreciation & Amortization	$17.1M+39.2%	$15.8M+646.3%	$18.6M+4247.3%	$16.0M	$12.3M	$2.1M	$427K+0.4%	$0-100.0%
Stock-Based Compensation	N/A	$5.7M+333.0%	N/A	N/A	N/A	$1.3M-35.9%	N/A	N/A
Investing Cash Flow	-$107.6M-1851.3%	-$36.3M+93.1%	-$47.4M+31.8%	-$86.2M-3928.4%	$6.1M+458.3%	-$528.4M-5118.0%	-$69.4M-3155.9%	-$2.1M+88.2%
Financing Cash Flow	$55.3M+1802.0%	-$5.7M-101.1%	-$49.8M-230.1%	$28.6M-23.1%	-$3.3M-164.8%	$521.3M+11582.6%	$38.3M+220.7%	$37.2M+88.9%
Share Buybacks	$59K-28.0%	$1.2M+253.6%	$89K	$24K	$82K	$336K	$0	N/A

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.

PROP 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.

PROP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	8.6%-10.3pp	18.9%+18.8pp	0.1%-28.7pp	28.8%+6.9pp	21.9%-14.0pp	36.0%-2.2pp	38.1%+2.2pp	35.9%+10.7pp	25.1%
Operating Margin	27.1%	-334.0%	-1069.5%	-1469.6%	-4924.4%	-551.7%	-17.6%-10.8pp	-6.8%+28.7pp	-35.4%-30.2pp	-5.2%+6.8pp	-12.0%-18.4pp	6.4%+3.3pp	3.1%+0.1pp	2.9%+86.4pp	-83.5%
Net Margin	13.3%	-515.3%	-5115.8%	N/A	-4670.2%	-470.6%	-20.4%-1.6pp	-18.8%+19.2pp	-38.0%-31.1pp	-6.9%+10.8pp	-17.7%-22.0pp	4.3%+36.8pp	-32.5%-17.4pp	-15.1%+38.0pp	-53.1%
Return on Equity	24.6%+102.2pp	-77.5%+119.3pp	-196.8%	N/A	-411.4%	N/A	N/A	N/A	N/A	-76.1%+238.7pp	-314.8%-338.1pp	23.3%+182.1pp	-158.7%	N/A	N/A
Return on Assets	3.4%+29.5pp	-26.1%+147.0pp	-173.1%	N/A	-130.8%-58.2pp	-72.7%-10.1pp	-62.5%+54.9pp	-117.5%+77.5pp	-195.0%-168.0pp	-27.0%+35.8pp	-62.8%-75.0pp	12.2%+95.1pp	-83.0%-38.2pp	-44.7%+245.9pp	-290.6%
Current Ratio	0.63+0.3x	0.29-2.2x	2.50+2.5x	0.04-1.8x	1.79+1.5x	0.31-0.1x	0.42+0.1x	0.30-0.1x	0.44-1.6x	2.05+0.8x	1.20-0.8x	1.98-0.1x	2.05+0.2x	1.81+1.5x	0.31
Debt-to-Equity	5.21+4.7x	0.53+0.5x	0.05	N/A	2.14	N/A	N/A	N/A	N/A	1.82-2.2x	4.01+3.1x	0.920.0x	0.91	N/A	N/A
Asset Turnover	0.26+0.2x	0.050.0x	0.03-0.2x	0.28+0.3x	0.03-0.1x	0.15-2.9x	3.06-3.2x	6.24+1.1x	5.12+1.2x	3.89+0.3x	3.55+0.7x	2.81+0.3x	2.55-0.4x	2.96-2.5x	5.47
FCF Margin	N/A	N/A	-785.4%	-1446.7%	-2510.8%	-265.7%	-6.7%-1.3pp	-5.4%+12.0pp	-17.5%-5.8pp	-11.7%-13.1pp	1.4%-7.2pp	8.6%-6.4pp	15.0%	N/A	-41.7%

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	N/A	N/A	21.7%	34.8%	27.8%	12.9%	N/A	N/A
Net Margin	110.3%	-183.0%	-2.8%	1.7%	52.4%	-19.3%	N/A	N/A
Return on Equity	48.9%+11.0pp	-38168.3%-38160.6pp	-1.8%	1.3%+19.9pp	37.9%+61.8pp	-7.7%+16.3pp	N/A	-18.6%
Return on Assets	10.8%+6.7pp	-15.9%-15.6pp	-0.2%	0.1%+10.8pp	4.2%+21.8pp	-0.3%+19.1pp	N/A	-10.7%+75.2pp
Current Ratio	0.25-0.4x	0.24-0.3x	0.63+0.3x	0.83-0.4x	0.60+0.2x	0.57-0.1x	0.29-2.2x	1.27+0.6x
Debt-to-Equity	3.31-0.8x	2090.74+2079.7x	5.21+4.7x	6.67+5.9x	4.11+3.8x	11.07+10.8x	0.53+0.5x	0.75
Asset Turnover	0.100.0x	0.09+0.1x	0.09	0.08+0.1x	0.08	0.02	N/A	0.000.0x

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: Net Margin.

Note: The current ratio is below 1.0 (0.63), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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
Prairie Operating Co. PROP	FY2025	$241.6M	$32.1M	13.3%	$47.7M	24/100
Epsilon Energy Ltd. EPSN	FY2025	$51.6M	-$5.8M	-11.2%	$192.0M	39/100
Gran Tierra Energy Inc. GTE	FY2025	$596.7M	-$193.1M	-32.4%	$381.8M	12/100
Empire Petroleum Corporation EP	FY2025	$34.2M	-$72.1M	N/A	$104.0M	19/100
Amplify Energy Corp. AMPY	FY2025	$263.4M	$44.0M	16.7%	$204.4M	53/100
Kolibri Global Energy Inc. KGEI	FY2025	$57.4M	$15.5M	27.0%	$235.3M	29/100

Where Prairie Operating Co. Ranks

Frequently Asked Questions

What is Prairie Operating Co.'s annual revenue?

Prairie Operating Co. (PROP) reported $241.6M in total revenue for fiscal year 2025. This represents a 2943.8% 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 Prairie Operating Co.'s revenue growing?

Prairie Operating Co. (PROP) revenue grew by 2943.8% year-over-year, from $7.9M to $241.6M in fiscal year 2025.

Is Prairie Operating Co. profitable?

Yes, Prairie Operating Co. (PROP) reported a net income of $32.1M in fiscal year 2025, with a net profit margin of 13.3%.

What is Prairie Operating Co.'s EBITDA?

Prairie Operating Co. (PROP) had EBITDA of $114.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Prairie Operating Co.'s operating margin?

Prairie Operating Co. (PROP) had an operating margin of 27.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Prairie Operating Co.'s net profit margin?

Prairie Operating Co. (PROP) had a net profit margin of 13.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Prairie Operating Co.'s return on equity (ROE)?

Prairie Operating Co. (PROP) has a return on equity of 24.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Prairie Operating Co.'s operating cash flow?

Prairie Operating Co. (PROP) generated $153.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Prairie Operating Co.'s total assets?

Prairie Operating Co. (PROP) had $944.5M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Prairie Operating Co. spend on research and development?

Prairie Operating Co. (PROP) invested $152.9M in research and development during fiscal year 2025.

Does Prairie Operating Co. buy back shares?

Yes, Prairie Operating Co. (PROP) spent $531K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Prairie Operating Co. have outstanding?

Prairie Operating Co. (PROP) had 77M shares outstanding as of fiscal year 2025.

What is Prairie Operating Co.'s current ratio?

Prairie Operating Co. (PROP) had a current ratio of 0.63 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Prairie Operating Co.'s debt-to-equity ratio?

Prairie Operating Co. (PROP) had a debt-to-equity ratio of 5.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Prairie Operating Co.'s return on assets (ROA)?

Prairie Operating Co. (PROP) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Prairie Operating Co.'s P/E ratio?

Prairie Operating Co. (PROP) 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 $47.7M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Prairie Operating Co.'s price-to-sales ratio?

Prairie Operating Co. (PROP) trades at 0.1x sales, its market capitalization divided by revenue of $342.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $47.7M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Prairie Operating Co.'s Altman Z-Score?

Prairie Operating Co. (PROP) has an Altman Z-Score of 0.34, 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 Prairie Operating Co.'s Piotroski F-Score?

Prairie Operating Co. (PROP) has a Piotroski F-Score of 6 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 Prairie Operating Co.'s earnings high quality?

Prairie Operating Co. (PROP) has an earnings quality ratio of 4.80x, considered cash-backed (high quality). 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 Prairie Operating Co. cover its interest payments?

Prairie Operating Co. (PROP) has an interest coverage ratio of 2.30x, meaning it can adequately cover its interest obligations. 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 Prairie Operating Co.?

Prairie Operating Co. (PROP) scores 24 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.