# HighPeak Energy, Inc.: overview

HPK · Nasdaq · CIK 1792849 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hpk.md) · [Financials](/companies/hpk/financials.md) · [Filings](/companies/hpk/filings.md) · [Insiders](/companies/hpk/insiders.md)

Latest reported revenue: [$272.4m](/filings/0001437749-26-026781.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-26-026781).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [272](/filings/0001437749-25-033346.md) | [283 d](/filings/0001437749-26-007770.md) | [272](/filings/0001437749-26-015191.md) | [216](/filings/0001437749-26-026781.md) | [189](/filings/0001437749-25-033346.md) | [217 d](/filings/0001437749-26-007770.md) | [216](/filings/0001437749-26-015191.md) | [272](/filings/0001437749-26-026781.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [27.0%](/filings/0001437749-25-033346.md) | [26.1% d](/filings/0001437749-26-007770.md) | [33.2%](/filings/0001437749-26-015191.md) | [20.1%](/filings/0001437749-26-026781.md) | [17.3%](/filings/0001437749-25-033346.md) | [(7.6%) d](/filings/0001437749-26-007770.md) | [16.7%](/filings/0001437749-26-015191.md) | [29.5%](/filings/0001437749-26-026781.md) |
| Net margin | % | [18.4%](/filings/0001437749-25-033346.md) | [3.2% d](/filings/0001437749-26-007770.md) | [13.3%](/filings/0001437749-26-026781.md) | [12.1%](/filings/0001437749-26-026781.md) | [(9.7%)](/filings/0001437749-25-033346.md) | [(11.6%) d](/filings/0001437749-26-007770.md) | [(59.0%)](/filings/0001437749-26-026781.md) | [30.2%](/filings/0001437749-26-026781.md) |
| Diluted EPS | $ per share | [0.35](/filings/0001437749-25-033346.md) | not reported | [0.26](/filings/0001437749-26-015191.md) | [0.19](/filings/0001437749-26-026781.md) | [(0.15)](/filings/0001437749-25-033346.md) | not reported | [(1.02)](/filings/0001437749-26-015191.md) | [0.59](/filings/0001437749-26-026781.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [220](/filings/0001437749-24-006816.md) | [756](/filings/0001437749-25-006838.md) | [1,131](/filings/0001437749-26-007770.md) | [1,117](/filings/0001437749-26-007770.md) | [863](/filings/0001437749-26-007770.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [46.2%](/filings/0001437749-24-006816.md) | [55.9%](/filings/0001437749-25-006838.md) | [37.7%](/filings/0001437749-26-007770.md) | [30.2%](/filings/0001437749-26-007770.md) | [17.4%](/filings/0001437749-26-007770.md) |
| Net margin | % | [25.2%](/filings/0001437749-24-006816.md) | [31.3%](/filings/0001437749-25-006838.md) | [19.1%](/filings/0001437749-26-007770.md) | [8.5%](/filings/0001437749-26-007770.md) | [2.2%](/filings/0001437749-26-007770.md) |
| Diluted EPS | $ per share | [0.54](/filings/0001437749-24-006816.md) | [1.93](/filings/0001437749-25-006838.md) | [1.58](/filings/0001437749-26-007770.md) | [0.67](/filings/0001437749-26-007770.md) | [0.14](/filings/0001437749-26-007770.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hpk/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Arax Advisory Partners](/funds/1586767.md) | 2026-06-30 | $97.2m | 13,900,110 |  | Added +13,899,878 |
| [U.S. Capital Wealth Advisors, LLC](/funds/1808915.md) | 2026-03-31 | $95.8m | 13,885,172 |  | Not compared |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $13.2m | 1,881,769 |  | Added +60,819 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $9.1m | 1,306,408 |  | Added +725,259 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $7.1m | 1,011,449 |  | Added +268,791 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $6.7m | 952,619 |  | Reduced −37,564 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $6.1m | 871,652 |  | Reduced −191,062 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $5.6m | 794,036 |  | Added +438,168 |
| [Texas Capital Bank Wealth Management Services Inc](/funds/1802655.md) | 2026-06-30 | $5.4m | 776,190 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $5.3m | 753,198 |  | Added +37,062 |

## Recent filings

[All 394 filings](/companies/hpk/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-06 | 10:15 ET | [8-K](/filings/0001437749-26-032094.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001437749-26-032094 |
| 2026-08-10 | 20:18 ET | [10-Q](/filings/0001437749-26-026781.md) | Quarterly report, period 2026-06-30 | 0001437749-26-026781 |
| 2026-08-10 | 20:05 ET | [8-K](/filings/0001437749-26-026770.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-026770 |
| 2026-06-30 | 20:14 ET | [8-K](/filings/0001437749-26-022144.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001437749-26-022144 |
| 2026-06-05 | 20:06 ET | [8-K/A](/filings/0001437749-26-019739.md) | 5.07 Shareholder vote results | 0001437749-26-019739 |
| 2026-06-02 | 20:02 ET | [8-K](/filings/0001437749-26-019162.md) | 5.07 Shareholder vote results | 0001437749-26-019162 |
| 2026-05-06 | 20:19 ET | [8-K](/filings/0001437749-26-015209.md) | 1.01 Entry into a material agreement; 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-015209 |
| 2026-05-06 | 20:02 ET | [10-Q](/filings/0001437749-26-015191.md) | Quarterly report, period 2026-03-31 | 0001437749-26-015191 |
| 2026-05-01 | 20:02 ET | [8-K](/filings/0001437749-26-014452.md) | 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001437749-26-014452 |
| 2026-04-30 | 20:07 ET | [DEF 14A](/filings/0001437749-26-014193.md) | Proxy statement, period 2026-06-02 | 0001437749-26-014193 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-007770.md), filed Mar 11, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ff79561b-b08f-4021-80b4-ae7e422d4fd7)

## About the filer

- CIK: 1792849
- Tickers: HPK
- Exchange: Nasdaq
- SIC code: 1381 Drilling Oil & Gas Wells
- State of incorporation: DE
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.