APA Corporation 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	8,611	8,920	9,737	8,279	11,075	7,985
Revenue Growth (YoY)	-17.38%	-8.39%	17.61%	-25.25%	38.70%	80.05%
Cost of Revenue	2,541	2,998	3,169	2,512	3,587	3,085
Gross Profit	6,070	5,922	6,568	5,767	7,488	4,900
Selling, General & Admin	439	452	540	366	509	398
Depreciation & Amortization Expenses	2,214	2,304	2,266	1,540	1,233	1,360
Exploration Expenses	127	131	313	195	305	155
Other Operating Expenses	417	431	1,547	384	385	525
Total Operating Expenses	3,197	3,318	4,666	2,485	2,432	2,438
Operating Income	2,873	2,604	1,902	3,282	5,056	2,462
Interest Expense	-227	-113	-367	-312	-379	-514
Other Non-Operating Income (Expense)	212	300	0	-87	1,057	-57
Total Non-Operating Income (Expense)	-15	187	-367	-399	678	-571
Pretax Income	2,858	2,791	1,535	2,883	5,734	1,891
Provision for Income Taxes	1,041	1,099	417	-324	1,652	578
Net Income	1,533	1,434	804	2,855	3,674	973
Minority Interest in Earnings	284	258	314	352	478	178
Net Income Attributable to Preferred Dividends	-	-	-	-	-70	162
Net Income to Common	1,533	1,434	804	2,855	3,674	973
Net Income Growth	50.44%	78.36%	-71.84%	-22.29%	277.59%	-
Shares Outstanding (Basic)	357	359	353	308	332	374
Shares Outstanding (Diluted)	357	359	353	309	333	375
Shares Change (YoY)	-3.19%	1.70%	14.24%	-7.21%	-11.20%	-0.79%
EPS (Basic)	4.29	3.99	2.28	9.26	11.05	2.60
EPS (Diluted)	4.29	3.99	2.27	9.25	11.02	2.59
EPS Growth	54.32%	75.77%	-75.46%	-16.06%	325.48%	-
Shares Outstanding	353.45	352.97	365.4	303.58	311.56	346.93
Free Cash Flow	2,065	1,779	709	772	2,545	2,386
Free Cash Flow Growth	16.08%	150.92%	-8.16%	-69.67%	6.66%	1992.98%
Free Cash Flow Per Share	5.78	4.96	2.01	2.50	7.64	6.36
Dividends Per Share	1.000	1.000	1.000	1.000	0.750	0.237
Dividend Growth	-	-	-	33.33%	215.79%	137.50%
Gross Margin	70.49%	66.39%	67.45%	69.66%	67.61%	61.37%
Operating Margin	33.36%	29.19%	19.53%	39.64%	45.65%	30.83%
Profit Margin	21.10%	18.97%	11.48%	38.74%	36.86%	16.44%
FCF Margin	23.98%	19.94%	7.28%	9.32%	22.98%	29.88%
EBITDA	5,087	4,908	4,168	4,822	6,289	3,822
EBITDA Margin	59.08%	55.02%	42.81%	58.24%	56.79%	47.86%
EBIT	2,873	2,604	1,902	3,282	5,056	2,462
EBIT Margin	33.36%	29.19%	19.53%	39.64%	45.65%	30.83%
Effective Tax Rate	36.42%	39.38%	27.17%	-11.24%	28.81%	30.57%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q