HighPeak Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	863.36	1,069	1,111	755.69	220.12
Revenue Growth (YoY)	-19.27%	-3.77%	47.06%	243.30%	1242.22%
Cost of Revenue	207.89	132.24	145.36	69.6	25.05
Gross Profit	655.47	937.17	965.93	686.09	195.07
Selling, General & Admin	25.89	33.09	42.56	45.82	15.56
Depreciation & Amortization Expenses	421.78	500.75	424.42	177.74	65.2
Exploration Expenses	16.69	1.48	5.23	1.15	1.55
Other Operating Expenses	41.14	64.44	67.26	38.81	11.08
Total Operating Expenses	505.49	599.76	539.47	263.52	93.39
Operating Income	149.98	337.41	426.46	422.56	101.68
Interest Income	3.85	8.69	2.91	0.27	0
Interest Expense	-147.14	-168.71	-147.9	-50.61	-2.48
Other Non-Operating Income (Expense)	19.48	-46.46	0.3	-60.01	-26.73
Total Non-Operating Income (Expense)	-123.81	-206.49	-144.69	-110.35	-29.22
Pretax Income	26.17	130.92	281.77	312.22	72.46
Provision for Income Taxes	7.21	35.85	65.91	75.36	16.9
Net Income	18.96	95.07	215.87	236.85	55.56
Net Income to Common	18.96	95.07	215.87	236.85	55.56
Net Income Growth	-80.05%	-55.96%	-8.86%	326.31%	-
Shares Outstanding (Basic)	125	125	118	105	93
Shares Outstanding (Diluted)	125	129	123	111	95
Shares Change (YoY)	-3.00%	5.03%	10.66%	17.30%	3.43%
EPS (Basic)	0.13	0.69	1.64	2.04	0.55
EPS (Diluted)	0.14	0.67	1.58	1.93	0.54
EPS Growth	-79.10%	-57.59%	-18.14%	257.41%	-
Free Cash Flow	-3.84	85.35	-253.66	-544.97	-89.94
Free Cash Flow Per Share	-0.03	0.66	-2.06	-4.90	-0.95
Dividends Per Share	0.160	0.160	0.115	0.100	0.075
Dividend Growth	-	39.13%	15.00%	33.33%	-
Gross Margin	75.92%	87.63%	86.92%	90.79%	88.62%
Operating Margin	17.37%	31.55%	38.38%	55.92%	46.19%
Profit Margin	2.20%	8.89%	19.42%	31.34%	25.24%
FCF Margin	-0.44%	7.98%	-22.83%	-72.12%	-40.86%
EBITDA	571.76	838.16	850.89	600.31	166.88
EBITDA Margin	66.22%	78.38%	76.57%	79.44%	75.81%
EBIT	149.98	337.41	426.46	422.56	101.68
EBIT Margin	17.37%	31.55%	38.38%	55.92%	46.19%
Effective Tax Rate	27.53%	27.38%	23.39%	24.14%	23.33%

Updated Mar 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q