Growth & profitability
- Revenue has grown 257.8% per year over the past 5 years.
- Operating margin has expanded, at 27.1% in the latest year.
Financial health
- Total debt has grown faster than revenue (1300.0% vs 257.8% per year).
PROP Financials Prairie Operating Co.
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $242M | $32M | 0.0% | 27.1% | 24.6% | 3.4% | — | — | $20000 |
| 2024 | $8M | -$41M | 0.0% | -334.0% | -77.5% | -26.1% | — | $28M | $5M |
| 2023 | — | -$79M | — | — | -196.9% | -173.1% | -$12M | $2M | $13M |
| 2022 | $517602 | -$13M | 0.0% | -1469.6% | 205.7% | -729.1% | -$7M | — | $79845 |
| 2021 | $369804 | -$17M | 0.0% | -4924.4% | -411.4% | -130.8% | -$9M | — | $3M |
| 2020 | $412325 | -$2M | 366.6% | -551.7% | 28.3% | -72.7% | -$1M | — | $2M |
| 2019 | $11M | -$2M | 8.6% | -17.6% | 34.6% | -62.6% | -$711617 | — | $3M |
| 2018 | $14M | -$3M | 18.9% | -6.8% | 53.2% | -117.5% | -$754879 | — | $1M |
| 2017 | — | -$6M | — | — | 170.3% | -195.0% | -$3M | — | $2M |
| 2016 | — | -$2M | — | — | -76.1% | -27.0% | -$3M | — | $4M |
| 2015 | — | -$4M | — | — | -314.8% | -62.8% | $337866 | — | $5M |
| 2014 | — | $995617 | — | — | 23.3% | 12.1% | $2M | — | $6M |
| 2013 | — | -$4M | — | — | -158.7% | -83.0% | $2M | — | $4M |
| 2012 | — | -$1M | — | — | 27.1% | -44.7% | — | — | $2M |
| 2011 | — | -$2M | — | — | 59.3% | -290.6% | -$2M | — | $422135 |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $99M | $109M | 0.0% | 0.0% | 48.9% | 10.8% | — | — | $21000 |
| Mar '26 | $83M | -$153M | 0.0% | 0.0% | -38168.3% | -15.9% | — | — | $263000 |
| Dec '25 | $83M | -$2M | 0.0% | 21.5% | -1.8% | -0.2% | — | — | $20000 |
| Sep '25 | $78M | $1M | 0.0% | 34.8% | 1.3% | 0.1% | — | — | $11M |
| Jun '25 | $68M | $36M | 0.0% | 27.8% | 37.9% | 4.2% | — | $387M | $11M |
| Mar '25 | $14M | -$3M | 0.0% | 12.9% | -7.7% | -0.3% | — | $377M | $15M |
| Dec '24 | $8M | -$12M | 0.0% | -13.7% | -22.6% | -7.6% | — | $28M | $5M |
| Sep '24 | $0 | -$11M | — | — | -18.6% | -10.7% | — | — | $40M |
| Jun '24 | — | -$9M | — | — | -24.0% | -17.7% | — | — | $2M |
| Mar '24 | — | -$9M | — | — | -24.0% | -19.4% | — | — | $4M |
| Dec '23 | — | -$23M | — | — | -58.4% | -51.3% | -$4M | $2M | $13M |
| Sep '23 | — | -$34M | — | — | 53.7% | -85.8% | -$3M | — | $7M |
| Jun '23 | — | -$21M | — | — | -264.6% | -128.0% | -$3M | $5M | $9M |
| Mar '23 | — | -$64392 | — | — | 0.9% | -1.0% | — | — | $27020 |
| Dec '22 | $0 | -$152009 | — | — | 2.3% | -8.3% | $1M | — | $79845 |
| Sep '22 | $7955 | -$309511 | 0.0% | -3890.8% | 308.1% | -2.4% | -$448264 | — | $451212 |
| Jun '22 | $166592 | -$2M | 0.0% | -978.1% | -84.8% | -15.6% | -$3M | — | $816146 |
| Mar '22 | $385114 | -$3M | 0.0% | -816.7% | -78.2% | -23.7% | -$3M | — | $1M |
| Dec '21 | $53280 | -$12M | 0.0% | -22516.9% | -294.1% | -93.5% | -$2M | — | $3M |
| Sep '21 | $148397 | -$602077 | -19.1% | -1315.6% | 19.9% | -10.9% | -$4M | — | $4M |
Valuation over time
How the market has priced PROP against its own fundamentals since 2023-12 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 5.9× (Dec '25) to 1.7× (Sep '26).
- The price-to-sales ratio has fallen from 2135.7× (Dec '23) to 0.2× (Sep '26).
P/E
P/S
Frequently asked questions
Is PROP growing its revenue and profit?
Over the past 5 years, Prairie Operating Co.'s revenue has grown 257.8% per year. These are computed facts, not advice.
How much debt does PROP have?
As of FY2025, Prairie Operating Co. reported — of total debt against $20000 of cash.
What is PROP's profit margin?
In FY2025, gross margin was —, operating margin 27.1%, and net margin 13.3%.
What is PROP's P/E ratio?
As of Sep '26, Prairie Operating Co. traded at a price-to-earnings ratio of about 1.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.