California Resources Corporation (CRC) 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 | 967M | 871M | 878M | 821M | 906M | 926M | 997M | 509M | 525M | 607M | 664M | 560M | 982M | 814M | 882M | 847M | 715M | 707M | 713M | 569M |
| Revenue Growth % | 6.73% | -5.94% | -11.94% | 61.3% | 72.57% | 52.55% | 50.15% | -9.11% | -46.54% | -25.43% | -24.72% | -33.88% | 37.34% | 15.13% | 23.7% | 48.86% | 24.13% | 65.96% | 74.33% | 103.21% |
| Cost of Goods Sold | 0 | 562M | 541M | 517M | 556M | 579M | 558M | 296M | 324M | 328M | 334M | 310M | 515M | 428M | 428M | 364M | 300M | 339M | 352M | 286M |
| COGS % of Revenue | - | 64.52% | 61.62% | 62.97% | 61.37% | 62.53% | 55.97% | 58.15% | 61.71% | 54.04% | 50.3% | 55.36% | 52.44% | 52.58% | 48.53% | 42.98% | 41.96% | 47.95% | 49.37% | 50.26% |
| Gross Profit | 364M | 309M | 337M | 304M | 350M | 347M | 439M | 213M | 201M | 279M | 330M | 250M | 467M | 386M | 454M | 483M | 415M | 368M | 361M | 283M |
| Gross Margin % | 37.64% | 35.48% | 38.38% | 37.03% | 38.63% | 37.47% | 44.03% | 41.85% | 38.29% | 45.96% | 49.7% | 44.64% | 47.56% | 47.42% | 51.47% | 57.02% | 58.04% | 52.05% | 50.63% | 49.74% |
| Gross Profit Growth % | 4% | -10.95% | -23.23% | 42.72% | 74.13% | 24.37% | 33.03% | -14.8% | -56.96% | -27.72% | -27.31% | -48.24% | 12.53% | 4.89% | 25.76% | 70.67% | 59% | 183.08% | 213.91% | 349.21% |
| Operating Expenses | 830M | 150M | 157M | 126M | 143M | 163M | 191M | 102M | 95M | 99M | 113M | 113M | 107M | 101M | 103M | 98M | 82M | 85M | 87M | 85M |
| OpEx % of Revenue | 85.83% | 17.22% | 17.88% | 15.35% | 15.78% | 17.6% | 19.16% | 20.04% | 18.1% | 16.31% | 17.02% | 20.18% | 10.9% | 12.41% | 11.68% | 11.57% | 11.47% | 12.02% | 12.2% | 14.94% |
| Selling, General & Admin | 106M | 333M | 87M | 79M | 72M | 95M | 106M | 63M | 57M | 66M | 65M | 71M | 65M | 59M | 59M | 56M | 48M | 53M | 51M | 48M |
| SG&A % of Revenue | 10.96% | 38.23% | 9.91% | 9.62% | 7.95% | 10.26% | 10.63% | 12.38% | 10.86% | 10.87% | 9.79% | 12.68% | 6.62% | 7.25% | 6.69% | 6.61% | 6.71% | 7.5% | 7.15% | 8.44% |
| 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 | 137M | 159M | 180M | 178M | 207M | 184M | 248M | 111M | 106M | 180M | 217M | 137M | 360M | 285M | 351M | 385M | 333M | 283M | 274M | 198M |
| Operating Margin % | 14.17% | 18.25% | 20.5% | 21.68% | 22.85% | 19.87% | 24.87% | 21.81% | 20.19% | 29.65% | 32.68% | 24.46% | 36.66% | 35.01% | 39.8% | 45.45% | 46.57% | 40.03% | 38.43% | 34.8% |
| Operating Income Growth % | -33.82% | -13.59% | -27.42% | 60.36% | 95.28% | 2.22% | 14.29% | -18.98% | -70.56% | -36.84% | -38.18% | -64.42% | 8.11% | 0.71% | 28.1% | 94.44% | 92.49% | 489.58% | 2944.44% | 550% |
| EBITDA | 297M | 317M | 331M | 334M | 367M | 357M | 419M | 177M | 171M | 246M | 285M | 204M | 430M | 345M | 411M | 446M | 393M | 347M | 341M | 252M |
| EBITDA Margin % | 30.71% | 36.39% | 37.7% | 40.68% | 40.51% | 38.55% | 42.03% | 34.77% | 32.57% | 40.53% | 42.92% | 36.43% | 43.79% | 42.38% | 46.6% | 52.66% | 54.96% | 49.08% | 47.83% | 44.29% |
| EBITDA Growth % | -19.07% | -11.2% | -21% | 88.7% | 114.62% | 45.12% | 47.02% | -13.24% | -60.23% | -28.7% | -30.66% | -54.26% | 9.41% | -0.58% | 20.53% | 76.98% | 74.67% | 204.39% | 247.96% | 472.73% |
| D&A (Non-Cash Add-back) | 160M | 158M | 151M | 156M | 160M | 173M | 171M | 66M | 65M | 66M | 68M | 67M | 70M | 60M | 60M | 61M | 60M | 64M | 67M | 54M |
| EBIT | 137M | 159M | 100M | 267M | 189M | 69M | 512M | 28M | -6M | 280M | -15M | 149M | 390M | 131M | 592M | 279M | -188M | 332M | 121M | -94M |
| Net Interest Income | 0 | -40M | -25M | -20M | -21M | -26M | -22M | -7M | -6M | -13M | -5M | -7M | -2M | -14M | -13M | -13M | -14M | -14M | -14M | -13M |
| Interest Income | 0 | -11M | 0 | 5M | 6M | 2M | 7M | 10M | 7M | 0 | 10M | 7M | 12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 29M | 25M | 25M | 27M | 28M | 29M | 17M | 13M | 13M | 15M | 14M | 14M | 14M | 13M | 13M | 14M | 14M | 14M | 13M |
| Other Income/Expense | -897M | -136M | -105M | 64M | -45M | -143M | 235M | -100M | -125M | 87M | -247M | -2M | 16M | -168M | 228M | -119M | -534M | 35M | -167M | -305M |
| Pretax Income | -760M | 23M | 75M | 242M | 162M | 41M | 483M | 11M | -19M | 267M | -30M | 135M | 376M | 117M | 579M | 266M | -201M | 318M | 107M | -107M |
| Pretax Margin % | -78.59% | 2.64% | 8.54% | 29.48% | 17.88% | 4.43% | 48.45% | 2.16% | -3.62% | 43.99% | -4.52% | 24.11% | 38.29% | 14.37% | 65.65% | 31.41% | -28.11% | 44.98% | 15.01% | -18.8% |
| Income Tax | -49M | 11M | 11M | 70M | 47M | 8M | 138M | 3M | -9M | 79M | -8M | 38M | 75M | 34M | 153M | 76M | -26M | -396M | 0 | 0 |
| Effective Tax Rate % | 6.45% | 47.83% | 14.67% | 28.93% | 29.01% | 19.51% | 28.57% | 27.27% | 47.37% | 29.59% | 26.67% | 28.15% | 19.95% | 29.06% | 26.42% | 28.57% | 12.94% | -124.53% | 0% | 0% |
| Net Income | -711M | 12M | 64M | 172M | 115M | 33M | 345M | 8M | -10M | 188M | -22M | 97M | 301M | 83M | 426M | 190M | -175M | 714M | 103M | -111M |
| Net Margin % | -73.53% | 1.38% | 7.29% | 20.95% | 12.69% | 3.56% | 34.6% | 1.57% | -1.9% | 30.97% | -3.31% | 17.32% | 30.65% | 10.2% | 48.3% | 22.43% | -24.48% | 100.99% | 14.45% | -19.51% |
| Net Income Growth % | -718.26% | -63.64% | -81.45% | 2050% | 1250% | -82.45% | 1668.18% | -91.75% | -103.32% | 126.51% | -105.16% | -48.95% | 272% | -88.38% | 313.59% | 271.17% | -86.17% | -81.41% | 455.17% | 59.04% |
| Net Income (Continuing) | -711M | 12M | 64M | 172M | 115M | 33M | 345M | 8M | -10M | 188M | -22M | 97M | 301M | 83M | 426M | 190M | -175M | 714M | 107M | -107M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22M |
| EPS (Diluted) | -8.02 | 0.14 | 0.76 | 1.92 | 1.26 | 0.36 | 3.78 | 0.11 | -0.14 | 2.60 | -0.32 | 1.35 | 4.09 | 1.11 | 5.58 | 2.41 | -2.23 | 8.71 | 1.25 | -1.34 |
| EPS Growth % | -736.51% | -61.11% | -79.89% | 1645.45% | 1000% | -86.15% | 1281.25% | -91.85% | -103.42% | 134.23% | -105.73% | -43.98% | 283.41% | -87.26% | 346.4% | 279.85% | -97.35% | -81.1% | -43.18% | 75.5% |
| EPS (Basic) | -8.02 | 0.14 | 0.76 | 1.93 | 1.27 | 0.36 | 3.86 | 0.12 | -0.14 | 2.74 | -0.32 | 1.39 | 4.22 | 1.14 | 5.75 | 2.48 | -2.23 | 8.91 | 1.26 | -1.34 |
| Diluted Shares Outstanding | 88.7M | 87.4M | 84.4M | 89.4M | 91.2M | 92.2M | 91.2M | 70M | 69M | 70.75M | 68.7M | 71.9M | 73.5M | 75M | 76.3M | 78.8M | 78.5M | 82M | 82.4M | 83.1M |
| Basic Shares Outstanding | 88.7M | 87M | 84.21M | 89M | 90.6M | 90.8M | 89.4M | 68.1M | 69M | 69.3M | 68.7M | 69.7M | 71.3M | 72.7M | 74.1M | 76.7M | 78.5M | 80.1M | 81.6M | 83.1M |
| Dividend Payout Ratio | - | 283.33% | 50% | 20.35% | 30.43% | 109.09% | 9.86% | 275% | - | 11.7% | - | 20.62% | 6.64% | 24.1% | 3.05% | 6.84% | - | 1.96% | - | - |