Whitecap Resources Income Statement

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

Millions CAD. 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	6,152	5,170	3,338	3,230	3,919	2,278
Revenue Growth (YoY)	80.64%	54.88%	3.34%	-17.57%	72.01%	180.94%
Cost of Revenue	2,087	1,797	1,010	929.2	881.1	646.4
Gross Profit	4,065	3,373	2,328	2,301	3,038	1,632
Selling, General & Admin	441.6	423.5	361.7	370.9	397.3	216.1
Depreciation & Amortization Expenses	2,068	1,760	1,013	898.8	842.8	570.3
Exploration Expenses	20.4	13.4	16.3	6.6	6.3	4.4
Other Operating Expenses	226.9	-282.7	18.6	-151.7	-471.1	-1,545
Total Operating Expenses	2,757	1,914	1,409	1,125	775.3	-754.1
Operating Income	1,307	1,459	918.7	1,176	2,262	2,386
Interest Expense	-175.3	-141.3	-89.8	-83.5	-39.9	-36.9
Other Non-Operating Income (Expense)	7.6	7.6	246.4	78	2.3	23.3
Total Non-Operating Income (Expense)	-167.7	-133.7	156.6	-5.5	-37.6	-13.6
Pretax Income	1,140	1,326	1,075	1,171	2,225	2,372
Provision for Income Taxes	295.3	341	263	281.7	548.5	595.5
Net Income	844.3	984.6	812.3	889	1,676	1,777
Net Income to Common	844.3	984.6	812.3	889	1,676	1,777
Net Income Growth	-7.74%	21.21%	-8.63%	-46.96%	-5.66%	-
Shares Outstanding (Basic)	1,147	993	595	605	617	599
Shares Outstanding (Diluted)	1,153	997	598	609	621	603
Shares Change (YoY)	93.34%	66.75%	-1.73%	-2.01%	2.99%	46.78%
EPS (Basic)	0.77	0.99	1.37	1.47	2.72	2.97
EPS (Diluted)	0.77	0.99	1.36	1.46	2.70	2.95
EPS Growth	-50.00%	-27.21%	-6.85%	-45.93%	-8.48%	-
Shares Outstanding	1,214	1,214	587.5	598	608.7	615.82
Free Cash Flow	1,172	609.4	696.8	617.6	1,489	564.7
Free Cash Flow Growth	92.24%	-12.54%	12.82%	-58.51%	163.61%	126.87%
Free Cash Flow Per Share	1.02	0.61	1.17	1.01	2.40	0.94
Dividends Per Share	0.730	0.730	0.730	0.606	0.390	0.206
Dividend Growth	-	-	20.50%	55.26%	89.10%	-3.51%
Gross Margin	66.07%	65.25%	69.74%	71.23%	77.51%	71.63%
Operating Margin	21.25%	28.23%	27.52%	36.41%	57.73%	104.73%
Profit Margin	13.73%	19.05%	24.34%	27.52%	42.77%	77.99%
FCF Margin	19.04%	11.79%	20.88%	19.12%	37.99%	24.79%
EBITDA	3,320	3,169	1,894	2,041	3,069	2,932
EBITDA Margin	53.97%	61.29%	56.74%	63.20%	78.31%	128.69%
EBIT	1,307	1,459	918.7	1,176	2,262	2,386
EBIT Margin	21.25%	28.23%	27.52%	36.41%	57.73%	104.73%
Effective Tax Rate	25.91%	25.72%	24.46%	24.06%	24.66%	25.10%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.