Kosmos Energy Ltd. reports results on Monday 2 November, before the market opens. Growth is speeding up: revenue over the twelve months to Q2 2026 was $1.6 billion, which rose 6.4% on the year before.
Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.
View chart data
| Period | Reported EPS | Analysts' estimate |
|---|---|---|
| Sep '25 | −$0.15 | −$0.13 |
| Dec '25 | −$0.16 | −$0.09 |
| Mar '26 | −$0.07 | $0.02 |
| Jun '26 | $0.11 | $0.09 |
What analysts expect
For the quarter, the analysts' average EPS estimate is $0.12, in a range from $0.08 to $0.15, while the average revenue estimate for the quarter is $420.4 million. At the same time, the analysts' average estimate for full-year EPS is $0.27, which would be up 136.6% on last year (based on 10 analysts), but that estimate has fallen 0.9% over the past 90 days. Of the analysts' recommendations, 6 are positive, 4 neutral and 3 negative.
Earnings surprise model
The model estimates EPS could land below the analysts' average estimate by 21.6%, with an estimated chance of an EPS beat at 37.5% based on the last 4 quarters. The model shrinks the median recent surprise toward zero and uses a neutral prior for beat frequency; this small sample is a reference estimate, not company guidance.
Track record against estimates
The company reported EPS above the analysts' average estimate in 1 of the last 4 quarters. Last quarter, EPS of $0.11 compared with an estimate of $0.09, above it by 27.9%.
The trends going in
That growth rate was up 17.9 percentage points on the rate a quarter earlier. The trailing net margin was negative, at −34.2%, as the company made a net loss of $542.2 million over the twelve months.
Where the cash went
The share count is rising, so each share claims a smaller slice of the profit. Operating cash flow over the twelve months was $289.3 million, down 6.2% on the year before, while the average diluted share count rose 8.9% over the year.
In context
Measured against its own history: today's free-cash-flow margin of 18.3% is higher than 72% of the company's own past quarterly readings, which have ranged from −225.4% to 47.4%. Today's twelve-month revenue growth rate of 6.4% is higher than 47% of past readings (−48.5% to 582.2%).
Questions this report will answer
Whether the pick-up in revenue growth continues. Whether results land above or below the analysts' expectations set out above. At the same time, whether margins hold at the trailing levels above. The next filing will show whether the trends above continue, slow or reverse.
What it means for our valuation
These trends feed directly into what the shares are worth in our model. In our model, growth 5 percentage points lower would lower the value by 43.2%, and 5 percentage points higher would raise it by 56.4%. A free-cash-flow margin 1 percentage point lower would lower it by 9.5%.
