California Resources Financial Statements
NYSE: CRCEnergyOil & Gas E&PUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
California Resources revenue and earnings
In fiscal 2025, California Resources generated $3.67 billion in revenue, up 14.7% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $363.0 million (-3.5% year over year), for a net margin of 9.9% versus a median of 19.4% in the prior 5 years. Operating margin was 16.3%.
Diluted earnings per share came in at $4.15, down from $4.62. Over the last 5 fiscal years, CRC's revenue has grown at a 6.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
California Resources income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.67B | 3.20B | 2.80B | 2.71B | 1.89B | 2.63B | 3.06B | 2.01B | 1.55B | 2.40B |
| Revenue growth (YoY) | +14.73% | +14.17% | +3.47% | +43.30% | -28.28% | -14.03% | +52.74% | +29.67% | -35.62% | -42.42% |
| Cost of Revenue | — | — | — | — | — | 2.21B | 2.29B | 1.93B | — | — |
| Gross Profit | — | — | — | — | — | 429.00M | 769.00M | 73.00M | — | — |
| Operating Expenses | 3.07B | 2.59B | 2.02B | 1.95B | — | 0 | 0 | 0 | — | 354.00M |
| Selling, General & Admin | 333.00M | 321.00M | 267.00M | 222.00M | 200.00M | 290.00M | 299.00M | 249.00M | 235.00M | 354.00M |
| Operating Income | 598.00M | 620.00M | 808.00M | 812.00M | 293.00M | 429.00M | 769.00M | 73.00M | -293.00M | -5.14B |
| Interest Expense | 106.00M | 87.00M | 56.00M | — | — | 383.00M | 379.00M | 343.00M | 328.00M | 326.00M |
| Other Income (Expense) | -96.00M | -104.00M | -60.00M | -51.00M | -64.00M | -329.00M | -340.00M | -335.00M | 507.00M | -334.00M |
| Pretax Income | 502.00M | 516.00M | 748.00M | 761.00M | 229.00M | 100.00M | 429.00M | -262.00M | 201.00M | -5.48B |
| Income Tax | 139.00M | 140.00M | 184.00M | 237.00M | -396.00M | 1.00M | 0 | 0 | -78.00M | -1.92B |
| Net Income | 363.00M | 376.00M | 564.00M | 524.00M | 612.00M | -28.00M | 328.00M | -266.00M | 279.00M | -3.55B |
| Net Income growth (YoY) | -3.46% | -33.33% | +7.63% | -14.38% | — | -108.54% | — | -195.34% | — | — |
| EPS (Basic) | 4.17 | 4.74 | 8.10 | 6.94 | 7.46 | -0.57 | 6.77 | -6.26 | 6.76 | -92.79 |
| EPS (Diluted) | 4.15 | 4.62 | 7.78 | 6.75 | 7.37 | -0.57 | 6.77 | -6.26 | 6.76 | -92.79 |
| Shares Outstanding (Basic) | 87.00M | 79.30M | 69.60M | 75.50M | 82.00M | 49.00M | 47.40M | 42.50M | 40.40M | 38.30M |
| Shares Outstanding (Diluted) | 87.40M | 81.40M | 72.50M | 77.60M | 83.00M | 49.00M | 47.40M | 42.50M | 40.40M | 38.30M |
| EBITDA | 1.11B | 1.01B | 1.03B | 1.01B | 506.00M | 900.00M | 1.27B | 617.00M | 266.00M | -4.14B |
| Gross Margin | — | — | — | — | — | 16.29% | 25.10% | 3.64% | — | — |
| Operating Margin | 16.30% | 19.39% | 28.85% | 30.00% | 15.51% | 16.29% | 25.10% | 3.64% | -18.94% | -213.98% |
| Net Margin | 9.89% | 11.76% | 20.14% | 19.36% | 32.40% | -106.00% | 10.70% | -13.26% | 18.03% | -147.90% |
This table shows 10 annual periods of California Resources's income statement, from FY 2025 back to FY 2015, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CRC's reporting calendar. What is a income statement?