APA Corporation (APA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.33B | 1.99B | 2.12B | 2.18B | 2.64B | 2.71B | 2.53B | 2.54B | 1.95B | 2.17B | 2.31B | 1.8B | 2.01B | 2.47B | 2.89B | 3.05B | 2.67B | 2.3B | 2.06B | 1.76B |
| Revenue Growth % | -11.72% | -26.59% | -16.44% | -14.35% | 35.11% | 25.15% | 9.66% | 41.59% | -2.84% | -12.34% | -20.06% | -41.06% | -24.77% | 7.52% | 40.21% | 73.52% | 42.65% | 88.6% | 83.84% | 133.51% |
| Cost of Goods Sold | 75M | 1.21B | 1.3B | 1.39B | 1.63B | 1.61B | 1.43B | 1.38B | 1.01B | 1.06B | 1.11B | 937M | 947M | 1.15B | 1.35B | 1.26B | 1.07B | 1.19B | 1.11B | 985M |
| COGS % of Revenue | 3.22% | 60.77% | 61.32% | 63.68% | 61.76% | 59.48% | 56.42% | 54.23% | 52.02% | 48.73% | 48.18% | 52.17% | 47.16% | 46.44% | 46.62% | 41.32% | 39.98% | 51.63% | 54.15% | 56.09% |
| Gross Profit | 2.25B | 781M | 818M | 791M | 1.01B | 1.1B | 1.1B | 1.16B | 936M | 1.11B | 1.2B | 859M | 1.06B | 1.32B | 1.54B | 1.79B | 1.6B | 1.11B | 944M | 771M |
| Gross Margin % | 96.78% | 39.23% | 38.68% | 36.32% | 38.24% | 40.52% | 43.58% | 45.77% | 47.98% | 51.27% | 51.82% | 47.83% | 52.84% | 53.56% | 53.38% | 58.68% | 60.02% | 48.37% | 45.85% | 43.91% |
| Gross Profit Growth % | 123.41% | -28.94% | -25.84% | -32.04% | 7.69% | -1.08% | -7.78% | 35.51% | -11.78% | -16.09% | -22.39% | -51.96% | -33.77% | 19.06% | 63.24% | 131.91% | 124.68% | 225.15% | 190.46% | 1706.25% |
| Operating Expenses | 1.25B | 141M | 146M | 120M | 235M | 268M | 227M | 270M | 323M | 200M | 278M | 194M | 229M | 308M | 275M | 252M | 252M | 38M | 147M | 191M |
| OpEx % of Revenue | 53.85% | 7.08% | 6.9% | 5.51% | 8.91% | 9.88% | 8.97% | 10.62% | 16.56% | 9.23% | 12.05% | 10.8% | 11.4% | 12.46% | 9.53% | 8.27% | 9.44% | 1.65% | 7.14% | 10.88% |
| Selling, General & Admin | 115M | 91M | 95M | 66M | 98M | 102M | 92M | 85M | 93M | 75M | 139M | 72M | 65M | 169M | 69M | 89M | 156M | 137M | 70M | 86M |
| SG&A % of Revenue | 4.94% | 4.57% | 4.49% | 3.03% | 3.72% | 3.76% | 3.63% | 3.34% | 4.77% | 3.46% | 6.02% | 4.01% | 3.24% | 6.84% | 2.39% | 2.92% | 5.84% | 5.96% | 3.4% | 4.9% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | 999M | 640M | 672M | 671M | 773M | 831M | 876M | 894M | 613M | 911M | 918M | 665M | 832M | 1.02B | 1.27B | 1.54B | 1.35B | 1.07B | 797M | 580M |
| Operating Margin % | 42.93% | 32.14% | 31.77% | 30.81% | 29.32% | 30.64% | 34.61% | 35.16% | 31.42% | 42.04% | 39.77% | 37.03% | 41.43% | 41.1% | 43.85% | 50.41% | 50.58% | 46.72% | 38.71% | 33.03% |
| Operating Income Growth % | 29.24% | -22.98% | -23.29% | -24.94% | 26.1% | -8.78% | -4.58% | 34.44% | -26.32% | -10.33% | -27.49% | -56.71% | -38.37% | -5.4% | 58.85% | 164.83% | 165.23% | 490.11% | 417.53% | 319.7% |
| EBITDA | 1.55B | 1.27B | 1.28B | 1.2B | 1.42B | 1.57B | 1.47B | 1.48B | 1.04B | 1.39B | 1.34B | 1.03B | 1.16B | 1.37B | 1.58B | 1.81B | 1.64B | 1.41B | 1.13B | 931M |
| EBITDA Margin % | 66.7% | 63.69% | 60.57% | 55.14% | 53.72% | 58% | 58.12% | 58.28% | 53.46% | 64.01% | 57.89% | 57.46% | 57.97% | 55.42% | 54.59% | 59.53% | 61.48% | 61.16% | 54.98% | 53.02% |
| EBITDA Growth % | 9.6% | -19.39% | -12.92% | -18.96% | 35.76% | 13.41% | 10.1% | 43.6% | -10.4% | 1.24% | -15.23% | -43.11% | -29.07% | -2.56% | 39.22% | 94.84% | 92.83% | 145.8% | 105.07% | 504.55% |
| D&A (Non-Cash Add-back) | 553M | 628M | 609M | 530M | 643M | 742M | 595M | 588M | 430M | 476M | 418M | 367M | 332M | 354M | 310M | 278M | 291M | 332M | 335M | 351M |
| EBIT | 1.11B | 547M | 557M | 1.1B | 850M | 595M | -239M | 1.03B | 525M | 620M | 915M | 784M | 892M | 880M | 1.25B | 1.54B | 2.38B | 746M | 222M | 603M |
| Net Interest Income | -57M | -58M | -46M | -69M | -85M | -91M | -100M | -100M | -76M | -77M | -81M | -82M | -81M | -76M | -75M | -76M | -85M | -92M | -100M | -108M |
| Interest Income | 0 | 0 | 0 | 3M | 4M | 4M | 1M | 3M | 3M | 3M | 2M | 3M | 2M | 2M | 1M | 3M | 4M | 2M | 1M | 3M |
| Interest Expense | 57M | 58M | 46M | 72M | 89M | 95M | 101M | 103M | 79M | 80M | 83M | 85M | 83M | 78M | 76M | 79M | 89M | 94M | 101M | 111M |
| Other Income/Expense | -169M | -151M | -161M | 357M | -10M | -331M | -1.22B | 34M | -166M | -371M | -85M | 35M | -22M | -214M | -94M | -74M | 948M | -420M | -675M | -85M |
| Pretax Income | 830M | 489M | 511M | 1.03B | 763M | 500M | -340M | 928M | 447M | 540M | 833M | 700M | 810M | 802M | 1.17B | 1.46B | 2.3B | 654M | 122M | 495M |
| Pretax Margin % | 35.67% | 24.56% | 24.16% | 47.2% | 28.95% | 18.44% | -13.43% | 36.49% | 22.91% | 24.92% | 36.09% | 38.98% | 40.34% | 32.44% | 40.6% | 47.98% | 86.1% | 28.45% | 5.93% | 28.19% |
| Income Tax | 287M | 158M | 233M | 363M | 345M | 75M | -201M | 308M | 235M | -1.32B | 278M | 238M | 484M | 263M | 642M | 395M | 352M | 169M | 152M | 87M |
| Effective Tax Rate % | 34.58% | 32.31% | 45.6% | 35.31% | 45.22% | 15% | 59.12% | 33.19% | 52.57% | -245.19% | 33.37% | 34% | 59.75% | 32.79% | 54.78% | 27.02% | 15.32% | 25.84% | 124.59% | 17.58% |
| Net Income | 446M | 279M | 205M | 603M | 347M | 354M | -223M | 541M | 132M | 1.77B | 459M | 381M | 242M | 443M | 422M | 926M | 1.81B | 471M | -83M | 340M |
| Net Margin % | 19.17% | 14.01% | 9.69% | 27.69% | 13.16% | 13.05% | -8.81% | 21.27% | 6.77% | 81.82% | 19.89% | 21.21% | 12.05% | 17.92% | 14.62% | 30.39% | 67.93% | 20.49% | -4.03% | 19.36% |
| Net Income Growth % | 28.53% | -21.19% | 191.93% | 11.46% | 162.88% | -80.03% | -148.58% | 41.99% | -45.45% | 300.23% | 8.77% | -58.86% | -86.65% | -5.94% | 608.43% | 172.35% | 345.45% | 1470% | -653.33% | 192.64% |
| Net Income (Continuing) | 543M | 331M | 278M | 665M | 418M | 425M | -139M | 620M | 212M | 1.86B | 555M | 462M | 326M | 539M | 530M | 1.07B | 1.95B | 485M | -30M | 408M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 942M | 910M | 898M | 998M | 1.03B | 1.08B | 1.05B | 1.07B | 1.05B | 1.04B | 1.03B | 987M | 989M | 922M | 951M | 921M | 870M | 878M | 1.58B | 1.04B |
| EPS (Diluted) | 1.26 | 0.79 | 0.57 | 1.67 | 0.95 | 0.96 | -0.60 | 1.46 | 0.44 | 5.78 | 1.49 | 1.23 | 0.78 | 1.38 | 1.28 | 2.71 | 5.43 | 1.05 | -0.30 | 0.82 |
| EPS Growth % | 32.63% | -17.71% | 195% | 14.38% | 115.91% | -83.39% | -140.27% | 18.7% | -43.59% | 318.84% | 16.41% | -54.61% | -85.64% | 31.43% | 526.67% | 230.49% | 432.35% | 2725% | -1400% | 180.39% |
| EPS (Basic) | 1.26 | 0.79 | 0.57 | 1.67 | 0.95 | 0.96 | -0.60 | 1.46 | 0.44 | 5.79 | 1.49 | 1.24 | 0.78 | 1.38 | 1.28 | 2.72 | 5.44 | 1.06 | -0.30 | 0.83 |
| Diluted Shares Outstanding | 354M | 355M | 361M | 362M | 364M | 369M | 370M | 372M | 302M | 307M | 308M | 309M | 312M | 322M | 330M | 342M | 347M | 362M | 379M | 379M |
| Basic Shares Outstanding | 354M | 355M | 361M | 362M | 364M | 369M | 370M | 371M | 302M | 306M | 308M | 308M | 311M | 321M | 329M | 341M | 346M | 361M | 379M | 378M |
| Dividend Payout Ratio | 19.73% | 31.9% | 43.9% | 14.93% | 26.22% | 26.27% | - | 17.01% | 57.58% | 4.29% | 16.78% | 20.21% | 32.23% | 18.06% | 9.72% | 4.64% | 2.37% | 5.1% | - | 2.94% |