Empire Petroleum Corporation (EP)

Empire Petroleum 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	34.2	43.65	40.08	52.89	27.09
Revenue Growth (YoY)	-21.64%	8.92%	-24.22%	95.21%	250.58%
Cost of Revenue	-28.08	-31.32	-31.67	-27.53	-15.39
Gross Profit	62.28	74.97	71.75	80.41	42.48
Selling, General & Admin	-26.84	-29.48	-30.36	-12.33	-8.46
Depreciation & Amortization Expenses	-12.73	-11.26	-4.85	-3.31	-3.72
Other Operating Expenses	-51.29	-	-	-0.94	-
Total Operating Expenses	-90.86	-40.74	-35.21	-16.58	-12.18
Operating Income	153.14	115.7	106.96	96.99	54.66
Interest Expense	-1.55	-1.52	-1	-0.51	-8.6
Other Non-Operating Income (Expense)	0.79	-1.41	-0.04	-1.37	-10.13
Total Non-Operating Income (Expense)	-0.76	-2.92	-1.04	-1.88	-18.73
Pretax Income	152.38	112.78	105.91	95.11	35.93
Provision for Income Taxes	-	-	0.13	-0.21	-
Net Income	-72.07	-16.2	-12.47	95.32	35.93
Net Income to Common	-72.07	-16.2	-12.47	95.32	35.93
Net Income Growth	-	-	-	165.30%	-
Shares Outstanding (Basic)	34	30	23	21	15
Shares Outstanding (Diluted)	34	30	23	23	15
Shares Change (YoY)	13.28%	32.33%	-2.86%	59.86%	157.71%
EPS (Basic)	-2.12	-0.54	-0.55	0.34	-1.27
EPS (Diluted)	-2.12	-0.54	-0.55	0.30	-1.27
Free Cash Flow	-8.75	-47.21	-26.88	4.88	-16.6
Free Cash Flow Per Share	-0.26	-1.57	-1.18	0.21	-1.13
Gross Margin	182.09%	171.74%	179.02%	152.05%	156.79%
Operating Margin	447.74%	265.07%	266.88%	183.39%	201.75%
Profit Margin	-210.72%	-37.11%	-31.11%	180.23%	132.62%
FCF Margin	-25.59%	-108.16%	-67.08%	9.23%	-61.26%
EBITDA	164.2	125.5	110.48	99.2	57.3
EBITDA Margin	480.08%	287.51%	275.67%	187.58%	211.49%
EBIT	153.14	115.7	106.96	96.99	54.66
EBIT Margin	447.74%	265.07%	266.88%	183.39%	201.75%
Effective Tax Rate	0.00%	0.00%	0.12%	-0.22%	0.00%

Updated Mar 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q