Battalion Oil Corporation (BATL)

Battalion Oil Income Statement

Financials in millions USD. 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	166.04	193.89	220.76	359.06	285.21
Revenue Growth (YoY)	-14.36%	-12.17%	-38.52%	25.90%	92.33%
Cost of Revenue	104.84	115.85	127.53	137.38	119.91
Gross Profit	61.2	78.05	93.23	221.69	165.3
Selling, General & Admin	14.62	18.36	19.03	17.64	16.51
Depreciation & Amortization Expenses	52.14	52.93	56.62	51.92	45.41
Other Operating Expenses	1.07	18.51	-	-	-
Total Operating Expenses	67.84	89.79	75.65	69.55	61.92
Operating Income	-6.64	-11.75	17.58	152.14	103.37
Interest Expense	-26.75	-14.96	-33.32	-23.59	-8.02
Other Non-Operating Income (Expense)	45.26	-5.18	12.69	-110.01	-123.67
Total Non-Operating Income (Expense)	18.52	-20.14	-20.63	-133.6	-131.69
Pretax Income	11.88	-31.88	-3.05	18.54	-28.32
Net Income	-36.83	-64.1	-15.1	18.54	-28.32
Net Income Attributable to Preferred Dividends	48.71	32.22	12.05	-	-
Net Income to Common	-36.83	-64.1	-15.1	18.54	-28.32
Shares Outstanding (Basic)	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	17	16
Shares Change (YoY)	-	0.10%	-0.42%	1.53%	0.35%
EPS (Basic)	-2.24	-3.90	-0.92	1.14	-1.74
EPS (Diluted)	-2.24	-3.90	-0.92	1.12	-1.74
Shares Outstanding	16.46	16.46	16.46	16.34	16.27
Free Cash Flow	-35.48	-29.29	-28.85	-47.82	15.64
Free Cash Flow Per Share	-2.16	-1.78	-1.75	-2.90	0.96
Gross Margin	36.86%	40.25%	42.23%	61.74%	57.96%
Operating Margin	-4.00%	-6.06%	7.96%	42.37%	36.25%
Profit Margin	7.15%	-16.44%	-1.38%	5.16%	-9.93%
FCF Margin	-21.37%	-15.11%	-13.07%	-13.32%	5.49%
EBITDA	45.51	41.18	74.21	204.05	148.78
EBITDA Margin	27.41%	21.24%	33.61%	56.83%	52.17%
EBIT	-6.64	-11.75	17.58	152.14	103.37
EBIT Margin	-4.00%	-6.06%	7.96%	42.37%	36.25%

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

SEC Filings: 10-K · 10-Q