PEDEVCO Q1 revenue $40.2M (+360% YoY); net loss $25.6M; Adj EBITDA $21.5M (+404%)

PEDEVCO CORP

2026-Q1 EPS reported -$3.28 revenue$40,222,000

Average daily production 8,091 Boe/d (+374% YoY, +52% QoQ); revenue $40.2M (+360% YoY).
Net loss of $25.6M in Q1 2026 vs net income of $0.1M in Q1 2025.
Adjusted EBITDA $21.5M, up 404% from $4.3M in Q1 2025.
Management cited strong initial well performance for production exceeding expectations.

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