Calfrac Well Services Ltd. (TSX:CFW)

Calfrac Well Services Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,388	1,567	1,864	1,499	880.25
Revenue Growth (YoY)	-11.46%	-15.92%	24.35%	70.32%	24.78%
Cost of Revenue	1,237	1,457	1,596	1,345	915.59
Gross Profit	151.25	110.49	268.13	154.61	-35.34
Selling, General & Admin	61.4	64.82	60.61	62.2	42.76
Other Operating Expenses	-5.52	9.41	-23.81	21.57	5.77
Total Operating Expenses	55.89	74.23	36.8	83.77	48.53
Operating Income	95.36	36.26	231.32	70.84	-83.87
Interest Expense	-29.41	-31.21	-29.69	-46.56	-37.74
Total Non-Operating Income (Expense)	-29.41	-31.21	-29.69	-46.56	-37.74
Pretax Income	65.95	5.05	201.63	24.28	-121.61
Provision for Income Taxes	24.02	-3.49	4.06	-11.02	-26.88
Net Income	18.6	12.23	183.78	11.68	-70.89
Earnings From Discontinued Operations	-11.67	1.85	-6.9	-23.63	11.92
Net Income to Common	18.6	12.23	183.78	11.68	-70.89
Net Income Growth	52.12%	-93.35%	1473.82%	-	-
Shares Outstanding (Basic)	88	88	81	43	32
Shares Outstanding (Diluted)	88	88	88	85	32
Shares Change (YoY)	0.18%	-0.50%	4.32%	163.80%	-40.85%
EPS (Basic)	0.34	0.12	2.35	0.27	-2.21
EPS (Diluted)	0.34	0.12	2.16	0.19	-2.21
EPS Growth	183.33%	-94.44%	1036.84%	-	-
Shares Outstanding	98.91	85.87	85.72	80.73	37.7
Free Cash Flow	70.56	-56.66	113	27.72	-78.77
Free Cash Flow Growth	-	-	307.61%	-	-
Free Cash Flow Per Share	0.80	-0.64	1.28	0.33	-
Gross Margin	10.90%	7.05%	14.38%	10.31%	-4.01%
Operating Margin	6.87%	2.31%	12.41%	4.72%	-9.53%
Profit Margin	2.18%	0.66%	10.23%	2.35%	-9.41%
FCF Margin	5.08%	-3.61%	6.06%	1.85%	-8.95%
EBITDA	220.15	172.14	347.96	193.06	44.06
EBITDA Margin	15.86%	10.98%	18.66%	12.88%	5.01%
EBIT	95.36	36.26	231.32	70.84	-83.87
EBIT Margin	6.87%	2.31%	12.41%	4.72%	-9.53%
Effective Tax Rate	36.42%	-69.01%	2.01%	-45.40%	22.10%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.