VAALCO Energy, Inc. (EGY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 62.6M | 91.04M | 61.01M | 128.77M | 110.33M | 121.72M | 140.33M | 116.78M | 100.16M | 149.15M | 116.27M | 150.8M | 80.4M | 124.92M | 90.02M | 127.51M | 77.6M | 65.2M | 63.95M | 53.14M |
| Revenue Growth % | -43.26% | -25.2% | -56.53% | 10.27% | 10.16% | -18.39% | 20.7% | -22.56% | 24.57% | 19.4% | 29.16% | 18.26% | 3.61% | 91.6% | 40.76% | 139.96% | 69.98% | 354.59% | 205.12% | 195.65% |
| Cost of Goods Sold | 68.98M | 73.95M | 29.87M | 100.55M | 75.11M | 73.69M | 89.36M | 85.58M | 32.09M | 48.23M | 39.96M | 118.17M | 52.62M | 100.16M | 44.2M | 50.2M | 31.98M | 36.45M | 40.23M | 28.35M |
| COGS % of Revenue | 110.2% | 81.23% | 48.96% | 78.08% | 68.08% | 60.54% | 63.67% | 73.28% | 32.04% | 32.34% | 34.37% | 78.36% | 65.44% | 80.18% | 49.1% | 39.36% | 41.21% | 55.9% | 62.91% | 53.34% |
| Gross Profit | -6.39M | 17.09M | 31.14M | 28.23M | 35.22M | 48.03M | 50.98M | 31.2M | 68.07M | 100.92M | 76.31M | 32.63M | 27.79M | 24.76M | 45.82M | 77.32M | 45.62M | 28.75M | 23.72M | 24.79M |
| Gross Margin % | -10.2% | 18.77% | 51.04% | 21.92% | 31.92% | 39.46% | 36.33% | 26.72% | 67.96% | 67.66% | 65.63% | 21.64% | 34.56% | 19.82% | 50.9% | 60.64% | 58.79% | 44.1% | 37.09% | 46.66% |
| Gross Profit Growth % | -118.13% | -64.42% | -38.93% | -9.53% | -48.26% | -52.4% | -33.2% | -4.39% | 144.97% | 307.63% | 66.54% | -57.79% | -39.1% | -13.89% | 93.17% | 211.85% | 134.05% | 494.66% | 235.99% | 272.95% |
| Operating Expenses | 8.01M | 14.75M | 30.24M | 11.04M | 9.02M | 9.53M | 6.9M | 10.8M | 35.87M | 19.98M | 40.77M | 12.08M | 6.17M | 534K | 11.92M | 4.17M | 5.62M | 2.9M | 3.69M | 5.92M |
| OpEx % of Revenue | 12.79% | 16.2% | 49.56% | 8.58% | 8.18% | 7.83% | 4.91% | 9.25% | 35.82% | 13.4% | 35.06% | 8.01% | 7.67% | 0.43% | 13.24% | 3.27% | 7.24% | 4.45% | 5.77% | 11.14% |
| Selling, General & Admin | 8.28M | 6.7M | 9.68M | 8.5M | 9.05M | 8.45M | 6.93M | 10.93M | 9.88M | 368K | 8.23M | 5.39M | 5.22M | -430K | 1.98M | 3.53M | 4.99M | 2.54M | 2.94M | 4.73M |
| SG&A % of Revenue | 13.22% | 7.35% | 15.87% | 6.6% | 8.2% | 6.95% | 4.94% | 9.36% | 9.87% | 0.25% | 7.08% | 3.58% | 6.5% | -0.34% | 2.2% | 2.77% | 6.44% | 3.9% | 4.6% | 8.91% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -271K | 1000K | 1000K | 1000K | -27K | 1000K | -33K | -132K | 1000K | 1000K | 1000K | 1000K | 943K | 964K | 1000K | 638K | 624K | 354K | 751K | 1000K |
| Operating Income | -14.39M | 2.34M | 898K | 17.18M | 26.19M | 38.51M | 44.08M | 20.4M | 32.19M | 80.94M | 35.55M | 20.55M | 21.62M | 24.22M | 33.9M | 73.15M | 40.01M | 25.85M | 20.03M | 18.87M |
| Operating Margin % | -22.99% | 2.57% | 1.47% | 13.34% | 23.74% | 31.64% | 31.41% | 17.47% | 32.14% | 54.27% | 30.57% | 13.63% | 26.89% | 19.39% | 37.66% | 57.36% | 51.55% | 39.65% | 31.32% | 35.52% |
| Operating Income Growth % | -154.94% | -93.92% | -97.96% | -15.77% | -18.63% | -52.42% | 24.01% | -0.73% | 48.91% | 234.13% | 4.86% | -71.9% | -45.96% | -6.3% | 69.25% | 287.55% | 178.92% | 702.35% | 328.17% | 2053.83% |
| EBITDA | 3.82M | 33.19M | 21.45M | 45.45M | 56.5M | 75.55M | 91.11M | 53.53M | 58.02M | 101.28M | 68.09M | 58.55M | 46.04M | 50.54M | 42.86M | 81.34M | 44.68M | 29.98M | 27M | 24.68M |
| EBITDA Margin % | 6.1% | 36.45% | 35.16% | 35.3% | 51.21% | 62.07% | 64.93% | 45.84% | 57.93% | 67.91% | 58.56% | 38.83% | 57.26% | 40.46% | 47.61% | 63.79% | 57.58% | 45.99% | 42.22% | 46.45% |
| EBITDA Growth % | -93.24% | -56.08% | -76.45% | -15.09% | -2.62% | -25.4% | 33.82% | -8.58% | 26.03% | 100.4% | 58.85% | -28.01% | 3.04% | 68.55% | 58.75% | 229.52% | 141.62% | 1090.91% | 288.49% | 1201.9% |
| D&A (Non-Cash Add-back) | 18.21M | 30.84M | 20.55M | 28.27M | 30.3M | 37.05M | 47.03M | 33.13M | 25.82M | 20.34M | 32.54M | 38M | 24.42M | 26.32M | 8.96M | 8.19M | 4.67M | 4.13M | 6.97M | 5.81M |
| EBIT | -14.39M | -61.21M | -162K | 17.93M | 25.11M | 29.95M | 44.15M | 20.66M | 31.35M | 83.44M | 33.23M | 20.04M | 20.49M | 26.4M | 29.97M | 61.49M | 7.55M | 25.91M | 20.35M | 19.27M |
| Net Interest Income | 1.7M | -2.04M | -2.33M | -2.57M | -1.29M | -1.09M | -588K | -1.12M | -935K | -1.08M | -1.43M | -1.7M | -2.25M | -1.68M | -234K | -118K | -3K | 1K | 3K | 1K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 3K | 1K |
| Interest Expense | -1.7M | 2.04M | 2.33M | 2.57M | 1.29M | 1.09M | 588K | 1.12M | 935K | 1.08M | 1.43M | 1.7M | 2.25M | 1.68M | 234K | 118K | 3K | 0 | 0 | 0 |
| Other Income/Expense | -75.06M | -65.59M | -3.39M | -1.82M | -2.38M | -9.65M | -519K | 17.05M | -2.27M | 626K | -3.56M | -2.21M | -3.38M | 497K | -4.16M | -11.77M | -32.46M | -2.35M | -5.47M | -10.13M |
| Pretax Income | -89.45M | -63.25M | -2.5M | 15.36M | 23.81M | 28.86M | 43.56M | 37.45M | 29.92M | 81.56M | 31.98M | 18.34M | 18.24M | 24.72M | 29.74M | 61.38M | 7.55M | 23.5M | 14.56M | 8.74M |
| Pretax Margin % | -142.89% | -69.47% | -4.09% | 11.93% | 21.58% | 23.71% | 31.04% | 32.07% | 29.88% | 54.69% | 27.51% | 12.16% | 22.69% | 19.79% | 33.03% | 48.13% | 9.73% | 36.05% | 22.76% | 16.45% |
| Income Tax | 4.32M | -4.65M | -3.6M | 6.98M | 16.08M | 17.19M | 32.57M | 9.3M | 22.24M | 37.57M | 25.84M | 11.59M | 14.77M | 6.95M | 22.84M | 46.25M | -4.63M | -10.88M | -17.18M | 2.83M |
| Effective Tax Rate % | -4.82% | 7.35% | 144.13% | 45.45% | 67.54% | 59.58% | 74.77% | 24.84% | 74.31% | 46.07% | 80.8% | 63.18% | 80.98% | 28.13% | 76.82% | 75.36% | -61.31% | -46.31% | -118.03% | 32.32% |
| Net Income | -93.76M | -58.6M | 1.11M | 8.28M | 7.63M | 11.44M | 10.99M | 28.15M | 7.69M | 43.99M | 6.14M | 6.75M | 3.47M | 17.75M | 6.87M | 15.1M | 12.16M | 34.36M | 31.72M | 5.88M |
| Net Margin % | -149.79% | -64.37% | 1.82% | 6.43% | 6.92% | 9.4% | 7.83% | 24.11% | 7.67% | 29.49% | 5.28% | 4.48% | 4.32% | 14.21% | 7.63% | 11.85% | 15.68% | 52.7% | 49.6% | 11.07% |
| Net Income Growth % | -1328.56% | -612.22% | -89.92% | -70.59% | -0.7% | -73.99% | 78.96% | 316.93% | 121.5% | 147.78% | -10.59% | -55.3% | -71.47% | -48.33% | -78.35% | 156.7% | 23.25% | 1055.83% | 316.4% | 887.25% |
| Net Income (Continuing) | -93.76M | -58.6M | 1.1M | 8.38M | 7.73M | 11.66M | 10.99M | 28.15M | 7.69M | 43.99M | 6.14M | 6.75M | 3.47M | 17.77M | 6.89M | 15.12M | 12.18M | 34.39M | 31.74M | 5.92M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2K | -13K | -14K | -26K | -20K | -12K | -26K | -20K | -33K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.90 | -0.56 | 0.01 | 0.08 | 0.07 | 0.11 | 0.10 | 0.27 | 0.07 | 0.41 | 0.06 | 0.06 | 0.03 | 0.17 | 0.11 | 0.25 | 0.20 | 0.58 | 0.53 | 0.10 |
| EPS Growth % | -1324.49% | -608.17% | -89.4% | -70.52% | 0% | -73.12% | 75.44% | 350% | 145% | 141.18% | -48.18% | -76% | -85% | -70.69% | -79.25% | 150% | 17.65% | 1066.67% | 307.69% | 900% |
| EPS (Basic) | -0.90 | -0.56 | 0.01 | 0.08 | 0.07 | 0.11 | 0.10 | 0.27 | 0.07 | 0.41 | 0.06 | 0.06 | 0.03 | 0.17 | 0.12 | 0.25 | 0.20 | 0.58 | 0.53 | 0.10 |
| Diluted Shares Outstanding | 104.26M | 104.26M | 104.28M | 103.96M | 103.78M | 103.81M | 103.84M | 103.68M | 104.54M | 105.02M | 106.43M | 107.61M | 108.75M | 101.58M | 59.45M | 59.36M | 59.18M | 59M | 58.92M | 58.57M |
| Basic Shares Outstanding | 104.26M | 104.26M | 104.26M | 103.94M | 103.76M | 103.74M | 103.74M | 103.53M | 103.66M | 104.89M | 106.29M | 106.97M | 107.39M | 101.23M | 59.07M | 58.92M | 58.7M | 58.61M | 58.59M | 58.07M |
| Dividend Payout Ratio | - | - | 602.89% | 79.19% | 86.08% | 57.42% | 60.1% | 23.37% | 84.09% | 15.05% | 109.12% | 99.48% | 194.09% | 19.93% | 28.31% | 12.86% | 15.86% | - | - | - |