STOCK TITAN

Sandridge Energy Financials

SD
Trailing 12 months to June 30, 2026
Revenue $180.1M +23.2% YoY
Net Income $83.0M +9.6% YoY
EPS (Diluted) $2.23 +9.3% YoY
Free Cash Flow $42.5M -5.9% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Sandridge Energy (SD) reported $180.1M in revenue over the twelve months to Jun 30, 2026, up 23.2% from the prior twelve months. 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 SD FY2025

Positive operating cash flow is increasingly being converted into reinvestment, leaving less free cash flow despite a recovering earnings base.

In FY2025, operating cash flow recovered to $100M while free cash flow slipped to $41M. Capital expenditures rose to $59M from $26M in FY2024, showing the widening gap came from reinvestment rather than weaker operating cash generation.

Revenue returned to $156M in FY2025 from $125M in FY2024. Operating margin widened to 39.0% from 26.5%, so the rebound also restored operating efficiency rather than simply adding sales.

Debt-to-equity remained about 0.3x in FY2025, showing the asset base is not primarily debt-funded. However, the current ratio fell from 5.6x in FY2023 to 2.2x, indicating a narrower working-capital cushion despite low leverage.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 73 / 100
Financial Health Score 73/100
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 Sandridge Energy'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
84
Growth
50
Leverage
74
Liquidity
75
Cash Flow
95
Returns
61
Altman Z-Score Grey Zone
2.01

Sandridge Energy scores 2.01, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($517.6M) relative to total liabilities ($133.2M). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
7/7

Sandridge Energy passes 7 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), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.43x

For every $1 of reported earnings, Sandridge Energy generates $1.43 in operating cash flow ($100.1M OCF vs $70.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$156.4M
YoY+24.8%
5Y CAGR+6.3%
10Y CAGR-20.5%

Sandridge Energy generated $156.4M in revenue in fiscal year 2025. This represents an increase of 24.8% from the prior year.

EBITDA
$103.8M
YoY+58.0%
10Y CAGR-20.9%

Sandridge Energy's EBITDA was $103.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.0% from the prior year.

Net Income
$70.2M
YoY+11.5%
10Y CAGR-12.0%

Sandridge Energy reported $70.2M in net income in fiscal year 2025. This represents an increase of 11.5% from the prior year.

EPS (Diluted)
$1.90
YoY+12.4%

Sandridge Energy earned $1.90 per diluted share (EPS) in fiscal year 2025. This represents an increase of 12.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$41.5M
YoY-12.6%
5Y CAGR+8.3%

Sandridge Energy generated $41.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 12.6% from the prior year.

Cash & Debt
$111.0M
YoY+13.1%
5Y CAGR+38.1%
10Y CAGR-4.8%

Sandridge Energy held $111.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.

Shares Outstanding
37M
YoY-0.9%
5Y CAGR+0.4%

Sandridge Energy had 37M shares outstanding in fiscal year 2025. This represents a decrease of 0.9% from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Operating Margin
39.0%
YoY+12.5pp
10Y CAGR+1.1pp

Sandridge Energy's operating margin was 39.0% in fiscal year 2025, reflecting core business profitability. This is up 12.5 percentage points from the prior year.

Net Margin
44.9%
YoY-5.4pp
10Y CAGR+28.6pp

Sandridge Energy's net profit margin was 44.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.4 percentage points from the prior year.

Return on Equity
13.7%
YoY+0.1pp
5Y CAGR+230.3pp

Sandridge Energy's ROE was 13.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks
$6.4M
YoY+2648.1%

Sandridge Energy spent $6.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2648.1% from the prior year.

Capital Expenditures
$58.6M
YoY+122.0%
5Y CAGR+47.8%

Sandridge Energy invested $58.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 122.0% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

SD Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SD quarterly income statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Revenue$51.1M+2.7%$49.8M+26.3%$39.4M-1.1%$39.8M+15.3%$34.5M-18.9%$42.6M+9.3%$39.0M+29.7%$30.1M
Operating Income$26.0M+45.4%$17.9M+17.6%$15.2M+1.0%$15.0M-18.9%$18.5M+52.1%$12.2M+20.7%$10.1M+18.9%$8.5M
Income Tax$0$0+100.0%-$5.5M$0$0$0+100.0%-$6.8M+56.0%-$15.4M
Net Income$26.7M+43.0%$18.7M-13.7%$21.6M+35.7%$16.0M-18.4%$19.6M+49.9%$13.0M-25.8%$17.6M-31.0%$25.5M
EPS (Diluted)$0.72+44.0%$0.50-13.8%$0.58+34.9%$0.43-18.9%$0.53+51.4%$0.35-25.5%$0.47-31.9%$0.69

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

SD Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SD quarterly balance sheet
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Total Assets$668.1M+2.4%$652.1M+1.3%$644.0M+4.0%$619.0M+2.8%$602.3M+2.4%$588.3M+1.2%$581.5M+2.9%$565.2M
Current Assets$151.7M+6.1%$143.0M-3.3%$147.9M+8.2%$136.6M+0.4%$136.1M+3.9%$131.0M+2.6%$127.7M+1.7%$125.6M
Cash & Equivalents$113.3M+10.3%$102.7M-7.4%$111.0M+9.7%$101.2M-1.6%$102.8M+3.1%$99.7M+1.6%$98.1M+5.9%$92.7M
Accounts Receivable$26.7M-12.1%$30.3M+15.8%$26.2M-4.6%$27.4M+16.4%$23.6M-5.2%$24.9M+4.2%$23.9M-16.2%$28.5M
Total Liabilities$125.4M-0.6%$126.2M-5.2%$133.2M+5.2%$126.5M+3.6%$122.1M-1.0%$123.3M+2.0%$121.0M+2.1%$118.5M
Current Liabilities$57.8M-2.8%$59.5M-12.6%$68.0M+8.2%$62.9M+6.1%$59.2M-3.7%$61.5M+1.6%$60.6M+3.1%$58.8M
Total Equity$542.7M+3.2%$526.0M+3.0%$510.9M+3.7%$492.4M+2.6%$480.2M+3.3%$464.9M+1.0%$460.5M+3.1%$446.8M
Retained Earnings-$424.4M+5.9%-$451.1M+4.0%-$469.8M+4.4%-$491.4M+3.1%-$507.4M+3.7%-$526.9M+2.4%-$540.0M+3.2%-$557.5M

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

SD Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SD quarterly cash flow statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Operating Cash Flow$42.4M+114.8%$19.8M-37.6%$31.7M+25.4%$25.3M+10.6%$22.9M+12.4%$20.3M-21.8%$26.0M+24.7%$20.8M
Capital Expenditures$19.2M-8.0%$20.9M+21.0%$17.3M-10.9%$19.4M+24.0%$15.6M+143.3%$6.4M-50.0%$12.8M+28.4%$10.0M
Free Cash Flow$23.2M+2203.3%-$1.1M-107.7%$14.4M+144.0%$5.9M-18.4%$7.3M-47.9%$13.9M+5.8%$13.2M+21.3%$10.8M
Investing Cash Flow-$20.8M+11.4%-$23.5M-31.5%-$17.9M+20.1%-$22.4M-54.5%-$14.5M-56.6%-$9.3M+42.3%-$16.0M+88.0%-$133.5M
Financing Cash Flow-$11.0M-145.1%-$4.5M-11.0%-$4.0M+10.0%-$4.5M+14.6%-$5.3M+44.4%-$9.5M-109.3%-$4.5M-0.3%-$4.5M
Dividends Paid$10.6M+175.6%$3.9M+0.3%$3.9M+0.7%$3.8M-6.9%$4.1M+0.5%$4.1M-0.7%$4.1M-2.5%$4.2M
Share Buybacks$41K$0$0-100.0%$476K-45.9%$880K-82.6%$5.0M+2066.1%$233K$0

SD Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SD quarterly financial ratios
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Operating Margin50.8%+14.9pp35.9%-2.7pp38.6%+0.8pp37.8%-15.9pp53.7%+25.1pp28.6%+2.7pp25.9%-2.3pp28.2%
Net Margin52.2%+14.7pp37.5%-17.4pp54.9%+14.9pp40.1%-16.6pp56.6%+26.0pp30.6%-14.5pp45.1%-39.7pp84.8%
Return on Equity4.9%+1.4pp3.5%-0.7pp4.2%+1.0pp3.2%-0.8pp4.1%+1.3pp2.8%-1.0pp3.8%-1.9pp5.7%
Return on Assets4.0%+1.1pp2.9%-0.5pp3.4%+0.8pp2.6%-0.7pp3.3%+1.0pp2.2%-0.8pp3.0%-1.5pp4.5%
Current Ratio2.62+0.2x2.40+0.2x2.170.0x2.17-0.1x2.30+0.2x2.130.0x2.110.0x2.14
Debt-to-Equity0.230.0x0.240.0x0.260.0x0.260.0x0.250.0x0.270.0x0.260.0x0.27
FCF Margin45.5%+47.7pp-2.2%-38.9pp36.6%+21.8pp14.9%-6.1pp21.0%-11.7pp32.7%-1.1pp33.8%-2.3pp36.1%

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Frequently Asked Questions

What is Sandridge Energy's annual revenue?

Sandridge Energy (SD) reported $156.4M in total revenue for fiscal year 2025. This represents a 24.8% 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 Sandridge Energy's revenue growing?

Sandridge Energy (SD) revenue grew by 24.8% year-over-year, from $125.3M to $156.4M in fiscal year 2025.

Is Sandridge Energy profitable?

Yes, Sandridge Energy (SD) reported a net income of $70.2M in fiscal year 2025, with a net profit margin of 44.9%.

Sandridge Energy (SD) reported diluted earnings per share of $1.90 for fiscal year 2025. This represents a 12.4% 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.

Sandridge Energy (SD) had EBITDA of $103.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Sandridge Energy (SD) had an operating margin of 39.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Sandridge Energy (SD) had a net profit margin of 44.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Sandridge Energy (SD) has a return on equity of 13.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Sandridge Energy (SD) generated $41.5M in free cash flow during fiscal year 2025. This represents a -12.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Sandridge Energy (SD) generated $100.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Sandridge Energy (SD) had $644.0M in total assets as of fiscal year 2025, including both current and long-term assets.

Sandridge Energy (SD) invested $58.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Sandridge Energy (SD) spent $6.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Sandridge Energy (SD) had 37M shares outstanding as of fiscal year 2025.

Sandridge Energy (SD) had a current ratio of 2.17 as of fiscal year 2025, which is generally considered healthy.

Sandridge Energy (SD) had a debt-to-equity ratio of 0.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Sandridge Energy (SD) had a return on assets of 10.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Sandridge Energy (SD) has an Altman Z-Score of 2.01, placing it in the Grey Zone (moderate 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.

Sandridge Energy (SD) has a Piotroski F-Score of 7 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.

Sandridge Energy (SD) has an earnings quality ratio of 1.43x, 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.

Sandridge Energy (SD) scores 73 out of 100 on our Financial Health Score, indicating strong 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.

Back to top