International Petroleum Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	680.41	685.89	797.78	853.91	1,129	666.41
Revenue Growth (YoY)	-11.62%	-14.03%	-6.57%	-24.39%	69.46%	105.58%
Cost of Revenue	556.59	555.97	585.54	601.04	609.81	454.13
Gross Profit	121.15	128.12	210.17	250.51	516.71	210.32
Selling, General & Admin	16.38	16.78	16.06	18.46	14.44	12.36
Depreciation & Amortization Expenses	127.34	128.35	137.33	109.73	132.83	129.12
Exploration Expenses	2.67	1.8	2.07	2.36	2.78	1.96
Other Operating Expenses	-4.44	-0.75	-1.14	-19.02	-	-
Total Operating Expenses	141.95	146.18	154.31	111.53	150.04	143.45
Operating Income	109.21	112.09	195.25	251.08	502.27	197.96
Interest Income	22.17	18.09	17.72	21.77	7	0.29
Interest Expense	-69.08	-83.85	-77.43	-44.51	-44.13	-30.5
Total Non-Operating Income (Expense)	-46.91	-65.77	-59.71	-22.74	-37.13	-30.21
Pretax Income	41.56	46.32	135.54	228.34	465.14	167.74
Provision for Income Taxes	16.09	17.38	33.33	55.36	127.41	21.68
Net Income	25.47	28.94	102.2	172.95	337.68	146.03
Minority Interest in Earnings	0	0	0.02	0.03	0.04	0.03
Net Income to Common	25.47	28.94	102.2	172.95	337.68	146.03
Net Income Growth	-69.94%	-71.69%	-40.91%	-48.78%	131.24%	-
Shares Outstanding (Basic)	112	115	124	132	147	155
Shares Outstanding (Diluted)	114	117	126	135	150	158
Shares Change (YoY)	-8.19%	-7.43%	-6.69%	-9.75%	-5.34%	0.00%
EPS (Basic)	0.22	0.25	0.82	1.31	2.30	0.94
EPS (Diluted)	0.23	0.25	0.81	1.28	2.25	0.92
EPS Growth	-66.18%	-69.14%	-36.72%	-43.11%	144.56%	-
Shares Outstanding	112.83	112.16	119.17	126.99	136.83	155.2
Free Cash Flow	-117.35	-139.21	-166.71	33.46	444.16	237.19
Free Cash Flow Growth	-	-	-	-92.47%	87.26%	-
Free Cash Flow Per Share	-1.03	-1.19	-1.32	0.25	2.96	1.50
Gross Margin	17.80%	18.68%	26.34%	29.34%	45.75%	31.56%
Operating Margin	16.05%	16.34%	24.47%	29.40%	44.48%	29.70%
Profit Margin	3.74%	4.22%	12.81%	20.26%	29.91%	21.92%
FCF Margin	-17.25%	-20.30%	-20.90%	3.92%	39.33%	35.59%
EBITDA	238.01	241.84	333.82	362.38	636.71	328.79
EBITDA Margin	34.98%	35.26%	41.84%	42.44%	56.38%	49.34%
EBIT	109.21	112.09	195.25	251.08	502.27	197.96
EBIT Margin	16.05%	16.34%	24.47%	29.40%	44.48%	29.70%
Effective Tax Rate	38.71%	37.52%	24.59%	24.25%	27.39%	12.93%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.