PHOENIX ENERGY ONE, LLC
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $405.9M | $298.7M | $218.6M | $189.0M | $163.8M | $115.7M | $101.7M | $59.0M |
| Cost of Revenue | $51.6M | $56.1M | $50.0M | $42.9M | $35.2M | $27.1M | $23.6M | $17.4M |
| Gross Profit | $354.3M | $242.6M | $168.5M | $146.1M | $128.7M | $88.7M | $78.1M | $41.6M |
| Gross Margin | 87.3% | 81.2% | 77.1% | 77.3% | 78.5% | 76.6% | 76.8% | 70.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.8M | $4.3M | $4.6M | $5.5M | $6.4M | $9.5M | $7.1M | $8.9M |
| Operating Income | $163.5M | $91.8M | $43.4M | $46.3M | $46.7M | $39.2M | $25.7M | $11.5M |
| Operating Margin | 40.3% | 30.7% | 19.9% | 24.5% | 28.5% | 33.8% | 25.2% | 19.5% |
| Interest Expense | $58.3M | $52.5M | $49.5M | $38.8M | $37.0M | $35.8M | $29.1M | $26.2M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $106.0M | $-140.1M | $33.3M | $8.5M | $18.7M | $5.6M | $-13.5M | $-11.3M |
| Net Margin | 26.1% | -46.9% | 15.2% | 4.5% | 11.4% | 4.8% | -13.3% | -19.1% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |