U.S. Energy Corp. (USEG) 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 | 1.6M | 1.39M | 1.74M | 2.03M | 2.19M | 4.22M | 4.96M | 6.05M | 5.39M | 6.87M | 8.74M | 7.98M | 8.27M | 9.69M | 10.98M | 12.57M | 8.87M | 1.88M | 1.65M | 1.52M |
| Revenue Growth % | -26.86% | -67.01% | -64.94% | -66.46% | -59.32% | -38.51% | -43.29% | -24.22% | -34.83% | -29.11% | -20.41% | -36.52% | -6.76% | 415.86% | 565.17% | 724.07% | 632.62% | 147.56% | 345.01% | 706.88% |
| Cost of Goods Sold | 1.7M | 1.71M | 2M | 2.84M | 2.89M | 4M | 5.43M | 5.67M | 5.79M | 3.25M | 7.63M | 7.31M | 7.46M | 4.54M | 5.32M | 4.65M | 5.19M | 790K | 586K | 477K |
| COGS % of Revenue | 105.98% | 122.31% | 114.9% | 139.89% | 131.87% | 94.75% | 109.6% | 93.8% | 107.36% | 47.23% | 87.29% | 91.64% | 90.18% | 46.79% | 48.47% | 36.97% | 58.53% | 42.04% | 35.49% | 31.28% |
| Gross Profit | -96K | -311K | -259K | -809K | -699K | 222K | -476K | 375K | -397K | 3.63M | 1.11M | 667K | 812K | 5.16M | 5.66M | 7.92M | 3.68M | 1.09M | 1.06M | 1.05M |
| Gross Margin % | -5.99% | -22.31% | -14.9% | -39.89% | -31.87% | 5.25% | -9.6% | 6.2% | -7.36% | 52.77% | 12.71% | 8.36% | 9.82% | 53.21% | 51.53% | 63.03% | 41.47% | 57.96% | 64.51% | 68.72% |
| Gross Profit Growth % | 86.27% | -240.09% | 45.59% | -315.73% | -76.07% | -93.88% | -142.84% | -43.78% | -148.89% | -29.7% | -80.37% | -91.58% | -77.93% | 373.65% | 431.36% | 655.82% | 724.89% | 325.39% | 1214.81% | 509.38% |
| Operating Expenses | 3.05M | 1.37M | 2.24M | 5.43M | 2.39M | 12.07M | 3.68M | 2.09M | 7.63M | 25.8M | 9.32M | 3.37M | 2.77M | 5.48M | 5.24M | 5.21M | 2.95M | 2.55M | 837K | 958K |
| OpEx % of Revenue | 190.02% | 98.35% | 128.94% | 267.75% | 108.94% | 285.68% | 74.16% | 34.58% | 141.44% | 375.46% | 106.61% | 42.22% | 33.51% | 56.57% | 47.68% | 41.48% | 33.21% | 135.87% | 50.7% | 62.82% |
| Selling, General & Admin | 3.05M | 1.31M | 2.11M | 2.25M | 2.39M | 2.02M | 1.88M | 2.09M | 2.21M | 2.56M | 2.82M | 3.37M | 2.77M | 2.86M | 2.71M | 2.64M | 2.95M | 1.57M | 686K | 812K |
| SG&A % of Revenue | 190.02% | 94.33% | 121.58% | 110.75% | 108.94% | 47.69% | 38.01% | 34.58% | 40.92% | 37.24% | 32.31% | 42.22% | 33.51% | 29.52% | 24.66% | 21.02% | 33.21% | 83.5% | 41.55% | 53.25% |
| 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 | 0 | 56K | 128K | 1000K | 0 | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 0 | 984K | 151K | 146K |
| Operating Income | -3.14M | -1.68M | -2.5M | -6.24M | -3.09M | -11.85M | -4.15M | -1.72M | -8.02M | -22.17M | -8.21M | -2.7M | -1.96M | -325K | 423K | 2.71M | 733K | -1.46M | 228K | 90K |
| Operating Margin % | -196.01% | -120.66% | -143.84% | -307.64% | -140.81% | -280.43% | -83.76% | -28.38% | -148.8% | -322.69% | -93.9% | -33.86% | -23.69% | -3.35% | 3.85% | 21.55% | 8.26% | -77.91% | 13.81% | 5.9% |
| Operating Income Growth % | -1.81% | 85.8% | 39.79% | -263.58% | 61.51% | 46.56% | 49.42% | 36.47% | -309.29% | -6722.15% | -2040.43% | -199.74% | -367.39% | 77.8% | 85.53% | 2908.89% | 353.63% | -52.34% | 112.98% | 103.72% |
| EBITDA | -2.54M | -1.08M | -1.64M | -5.08M | -1.93M | -9.94M | -2.08M | 490K | -5.79M | 1.07M | -5.3M | 235K | 512K | 2.3M | 2.95M | 5.28M | 2.64M | -1.29M | 379K | 235K |
| EBITDA Margin % | -158.35% | -77.76% | -94.36% | -250.39% | -87.87% | -235.36% | -41.92% | 8.1% | -107.35% | 15.53% | -60.63% | 2.95% | 6.19% | 23.7% | 26.87% | 42.01% | 29.79% | -68.65% | 22.96% | 15.41% |
| EBITDA Growth % | -31.81% | 89.1% | 21.08% | -1136.33% | 66.7% | -1031.96% | 60.79% | 108.51% | -1230.27% | -53.55% | -279.6% | -95.55% | -80.63% | 278.06% | 678.63% | 2146.38% | 1862% | -52.48% | 122.63% | 110.33% |
| D&A (Non-Cash Add-back) | 604K | 598K | 860K | 1.16M | 1.16M | 1.9M | 2.07M | 2.21M | 2.23M | 23.24M | 2.91M | 2.94M | 2.47M | 2.62M | 2.53M | 2.57M | 1.91M | 174K | 151K | 145K |
| EBIT | -3.14M | -1.82M | -3.27M | -6.01M | -3.06M | -11.81M | -2.17M | -1.85M | -9.4M | -19.99M | -8.64M | -2.44M | -1.04M | -1.06M | 4.45M | 576K | -6.02M | -656K | 203K | -227K |
| Net Interest Income | 63K | -41K | -72K | -47K | -47K | -186K | -93K | -131K | -120K | -250K | -306K | -289K | -268K | -249K | -187K | -60K | -50K | 0 | 1K | -6K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 0 |
| Interest Expense | -63K | 41K | 72K | 47K | 47K | 186K | 93K | 131K | 120K | 250K | 306K | 289K | 268K | 249K | 187K | 60K | 50K | 0 | 0 | 6K |
| Other Income/Expense | -41K | -176K | -841K | 181K | -23K | -152K | 1.89M | -262K | -1.5M | 1.91M | -742K | -23K | 651K | -987K | 3.72M | -2.32M | -6.81M | -18K | -147K | -297K |
| Pretax Income | -3.19M | -1.86M | -3.34M | -6.06M | -3.11M | -12M | -2.27M | -1.98M | -9.52M | -20.27M | -8.95M | -2.72M | -1.31M | -1.31M | 4.14M | 390K | -6.07M | -1.48M | 81K | -207K |
| Pretax Margin % | -198.57% | -133.29% | -192.23% | -298.72% | -141.86% | -284.02% | -45.73% | -32.72% | -176.57% | -294.94% | -102.39% | -34.14% | -15.82% | -13.54% | 37.69% | 3.1% | -68.45% | -78.87% | 4.91% | -13.57% |
| Income Tax | 0 | 6K | 0 | 0 | 0 | 26K | -20K | -4K | 18K | -459K | -162K | -209K | -62K | 499K | 29K | 268K | -2.69M | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | -0.32% | 0% | 0% | 0% | -0.22% | 0.88% | 0.2% | -0.19% | 2.26% | 1.81% | 7.67% | 4.74% | -38.03% | 0.7% | 68.72% | 44.28% | 0% | 0% | 0% |
| Net Income | -3.19M | -1.86M | -3.34M | -6.06M | -3.11M | -12.03M | -2.25M | -1.97M | -9.54M | -19.81M | -8.79M | -2.52M | -1.25M | -1.81M | 4.11M | 122K | -3.38M | -1.48M | 81K | -207K |
| Net Margin % | -198.57% | -133.72% | -192.23% | -298.72% | -141.86% | -284.64% | -45.33% | -32.65% | -176.91% | -288.25% | -100.54% | -31.52% | -15.07% | -18.68% | 37.42% | 0.97% | -38.14% | -78.87% | 4.91% | -13.57% |
| Net Income Growth % | -2.38% | 84.5% | -48.69% | -206.89% | 67.38% | 39.28% | 74.43% | 21.51% | -664.8% | -993.65% | -313.82% | -2161.48% | 63.15% | -22.2% | 4974.07% | 158.94% | -1988.89% | -92.72% | 104.73% | 94.33% |
| Net Income (Continuing) | -3.19M | -1.86M | -3.34M | -6.06M | -3.11M | -12.03M | -2.25M | -1.97M | -9.54M | -19.81M | -8.79M | -2.52M | -1.25M | -1.81M | 4.11M | 122K | -3.38M | -1.48M | 81K | -207K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08 | -0.05 | -0.10 | -0.19 | -0.10 | -0.43 | -0.08 | -0.08 | -0.38 | -0.78 | -0.35 | -0.10 | -0.05 | -0.07 | 0.16 | 0.00 | -0.14 | -0.31 | 0.02 | -0.04 |
| EPS Growth % | 16.4% | 87.4% | -24.84% | -144.85% | 74.97% | 44.87% | 77.11% | 22.32% | -667.68% | -977.35% | -318.75% | - | 64.64% | 76.65% | 700% | 110.84% | -238.98% | -55% | 101.64% | 98.3% |
| EPS (Basic) | -0.08 | -0.05 | -0.10 | -0.19 | -0.10 | -0.43 | -0.08 | -0.08 | -0.38 | -0.78 | -0.35 | -0.10 | -0.05 | -0.07 | 0.16 | 0.00 | -0.14 | -0.32 | 0.02 | -0.04 |
| Diluted Shares Outstanding | 40.07M | 33.82M | 32.79M | 32.67M | 32.72M | 28.05M | 28.05M | 25.45M | 25.39M | 25.36M | 25.43M | 25.19M | 25.18M | 25.02M | 24.68M | 25.27M | 23.72M | 4.72M | 4.72M | 4.68M |
| Basic Shares Outstanding | 40.07M | 33.82M | 32.79M | 32.67M | 32.72M | 28.05M | 28.05M | 25.45M | 25.39M | 25.36M | 25.43M | 25.19M | 25.18M | 25.02M | 24.39M | 24.92M | 23.72M | 4.68M | 4.68M | 4.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.06% | 473.77% | - | - | - | - |