California Resources 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	2,876	3,669	3,198	2,801	2,707	1,889
Revenue Growth (YoY)	-21.34%	14.73%	14.17%	3.47%	43.30%	21.17%
Cost of Revenue	1,574	1,551	1,280	1,216	1,287	1,048
Gross Profit	1,302	2,118	1,918	1,585	1,420	841
Selling, General & Admin	367	333	321	267	222	200
Depreciation & Amortization Expenses	513	511	388	225	198	213
Exploration Expenses	-	-	-	-	-	7
Other Operating Expenses	721	676	589	285	188	128
Total Operating Expenses	1,601	1,520	1,298	777	608	548
Operating Income	-299	598	620	808	812	293
Interest Expense	-108	-106	-87	-56	-53	-54
Other Non-Operating Income (Expense)	-13	10	-17	-4	2	-10
Total Non-Operating Income (Expense)	-121	-96	-104	-60	-51	-64
Pretax Income	-420	502	516	748	761	229
Provision for Income Taxes	43	139	140	184	237	-396
Net Income	-463	363	376	564	524	612
Minority Interest in Earnings	-	-	-	-	-	-13
Net Income to Common	-463	363	376	564	524	612
Net Income Growth	-	-3.46%	-33.33%	7.63%	-14.38%	-65.34%
Shares Outstanding (Basic)	87	87	79	70	76	82
Shares Outstanding (Diluted)	87	87	81	73	78	83
Shares Change (YoY)	0.87%	7.37%	12.28%	-6.57%	-6.51%	-0.36%
EPS (Basic)	-5.19	4.17	4.74	8.10	6.94	7.46
EPS (Diluted)	-5.20	4.15	4.62	7.78	6.75	7.37
EPS Growth	-	-10.17%	-40.62%	15.26%	-8.41%	-
Shares Outstanding	88.79	88.75	91.1	68.69	71.95	79.3
Free Cash Flow	426	578	384	455	312	486
Free Cash Flow Growth	-26.30%	50.52%	-15.60%	45.83%	-35.80%	1329.41%
Free Cash Flow Per Share	4.90	6.61	4.72	6.28	4.02	5.86
Dividends Per Share	1.585	1.567	1.395	1.157	0.792	0.170
Dividend Growth	1.12%	12.37%	20.52%	46.06%	366.18%	-
Gross Margin	45.27%	57.73%	59.98%	56.59%	52.46%	44.52%
Operating Margin	-10.40%	16.30%	19.39%	28.85%	30.00%	15.51%
Profit Margin	-16.10%	9.89%	11.76%	20.14%	19.36%	33.09%
FCF Margin	14.81%	15.75%	12.01%	16.24%	11.53%	25.73%
EBITDA	214	1,109	1,008	1,033	1,010	506
EBITDA Margin	7.44%	30.23%	31.52%	36.88%	37.31%	26.79%
EBIT	-299	598	620	808	812	293
EBIT Margin	-10.40%	16.30%	19.39%	28.85%	30.00%	15.51%
Effective Tax Rate	-10.24%	27.69%	27.13%	24.60%	31.14%	-172.93%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q