California Resources Quarterly Income Statement
NYSE: CRCEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
California Resources revenue and earnings
In the quarter ended Jun 30, 2026, California Resources generated $1.30 billion in revenue, up 32.6% from the same quarter a year earlier. Net income was $514.0 million (+198.8% year over year), for a net margin of 39.6% versus a median of 7.5% in the prior 5 quarters. Operating margin was 39.4%.
Diluted earnings per share came in at $5.76, up from $1.92.
Summary generated from market data by MetaCap's automated system. Methodology
California Resources income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.30B | 119.00M | 924.00M | 855.00M | 978.00M | 912.00M | 877.00M | 1.35B | 514.00M | 454.00M | 726.00M | 460.00M |
| Revenue growth (YoY) | +32.62% | -86.95% | +5.36% | -36.81% | +90.27% | +100.88% | +20.80% | +194.13% | -13.03% | -55.66% | +6.45% | -59.11% |
| Operating Expenses | 786.00M | 830.00M | 877.00M | 756.00M | 711.00M | 726.00M | 813.00M | 835.00M | 477.00M | 464.00M | 468.00M | 475.00M |
| Selling, General & Admin | 97.00M | 106.00M | 95.00M | 87.00M | 79.00M | 72.00M | 95.00M | 106.00M | 63.00M | 57.00M | 66.00M | 65.00M |
| Operating Income | 511.00M | -711.00M | 47.00M | 98.00M | 267.00M | 186.00M | 68.00M | 518.00M | 38.00M | -4.00M | 283.00M | -15.00M |
| Interest Expense | 28.00M | 29.00M | — | 25.00M | 25.00M | 27.00M | — | 29.00M | 17.00M | 13.00M | — | — |
| Other Income (Expense) | -53.00M | -49.00M | -24.00M | -23.00M | -25.00M | -24.00M | -27.00M | -35.00M | -27.00M | -15.00M | -16.00M | -15.00M |
| Pretax Income | 458.00M | -760.00M | 23.00M | 75.00M | 242.00M | 162.00M | 41.00M | 483.00M | 11.00M | -19.00M | 267.00M | -30.00M |
| Income Tax | -56.00M | -49.00M | 11.00M | 11.00M | 70.00M | 47.00M | 8.00M | 138.00M | 3.00M | -9.00M | 79.00M | -8.00M |
| Net Income | 514.00M | -711.00M | 12.00M | 64.00M | 172.00M | 115.00M | 33.00M | 345.00M | 8.00M | -10.00M | 188.00M | -22.00M |
| Net Income growth (YoY) | +198.84% | -718.26% | -63.64% | -81.45% | +2050.00% | — | -82.45% | — | -91.75% | -103.32% | +126.51% | -105.16% |
| EPS (Basic) | 5.79 | -8.02 | 0.21 | 0.76 | 1.93 | 1.27 | 0.90 | 3.86 | 0.12 | -0.14 | 2.81 | -0.32 |
| EPS (Diluted) | 5.76 | -8.02 | 0.21 | 0.76 | 1.92 | 1.26 | 0.87 | 3.78 | 0.11 | -0.14 | 2.66 | -0.32 |
| Shares Outstanding (Basic) | 88.80M | 88.70M | — | 83.70M | 89.00M | 90.60M | — | 89.40M | 68.10M | 69.00M | — | 68.70M |
| Shares Outstanding (Diluted) | 89.30M | 88.70M | — | 84.40M | 89.40M | 91.20M | — | 91.20M | 70.00M | 69.00M | — | 68.70M |
| EBITDA | 642.00M | -578.00M | 176.00M | 221.00M | 395.00M | 317.00M | 210.00M | 658.00M | 91.00M | 49.00M | 338.00M | 41.00M |
| Operating Margin | 39.40% | -597.48% | 5.09% | 11.46% | 27.30% | 20.39% | 7.75% | 38.29% | 7.39% | -88.00% | 38.98% | -3.26% |
| Net Margin | 39.63% | -597.48% | 130.00% | 7.49% | 17.59% | 12.61% | 3.76% | 25.50% | 1.56% | -2.20% | 25.90% | -4.78% |
This table shows 12 quarterly periods of California Resources's income statement, from Q2 2026 back to Q3 2023, across 16 line items including revenue, operating expenses, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow CRC's reporting calendar. What is a income statement?