California Resources Corporation
California Resources Corporation (CRC) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for California Resources Corporation (CRC), featuring income statements, balance sheets, and cash flow data.
California Resources Corporation (CRC) Income Statement & Financial Overview
Explore comprehensive income reports for California Resources Corporation CRC, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $900.00M | $924.00M | $1.35B | $509.00M |
| Cost of Revenue | $507.00M | -$419.00M | $427.00M | $296.00M |
| Gross Profit | $393.00M | $1.34B | $926.00M | $213.00M |
| Gross Profit Ratio | $0.44 | $1.45 | $0.68 | $0.42 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $72.00M | $95.00M | $157.00M | $63.00M |
| Operating Expenses | $207.00M | $1.27B | $408.00M | $102.00M |
| Total Costs & Expenses | $714.00M | $856.00M | $835.00M | $398.00M |
| Interest Income | $6.00M | $2.00M | $7.00M | $10.00M |
| Interest Expense | $27.00M | $28.00M | $29.00M | $17.00M |
| Depreciation & Amortization | $131.00M | $142.00M | $140.00M | $66.00M |
| EBITDA | $172.00M | $211.00M | $683.00M | $177.00M |
| EBITDA Ratio | $0.19 | $0.23 | $0.50 | $0.35 |
| Operating Income | $186.00M | $68.00M | $518.00M | $111.00M |
| Operating Income Ratio | $0.21 | $0.07 | $0.38 | $0.22 |
| Other Income/Expenses (Net) | -$24.00M | -$27.00M | -$35.00M | -$27.00M |
| Income Before Tax | $162.00M | $41.00M | $483.00M | $11.00M |
| Income Before Tax Ratio | $0.18 | $0.04 | $0.36 | $0.02 |
| Income Tax Expense | $47.00M | $8.00M | $138.00M | $3.00M |
| Net Income | $115.00M | $33.00M | $345.00M | $8.00M |
| Net Income Ratio | $0.13 | $0.04 | $0.25 | $0.02 |
| EPS | $1.27 | $0.36 | $3.86 | $0.12 |
| Diluted EPS | $1.26 | $0.36 | $3.78 | $0.11 |
| Weighted Avg Shares Outstanding | $90.60M | $90.80M | $89.40M | $68.10M |
| Weighted Avg Shares Outstanding (Diluted) | $91.20M | $92.20M | $91.20M | $70.00M |
Over the past four quarters, California Resources Corporation demonstrated steady revenue growth, increasing from $509.00M in Q2 2024 to $900.00M in Q1 2025. Operating income reached $186.00M in Q1 2025, maintaining a consistent 21% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $172.00M, reflecting operational efficiency. Net income rose to $115.00M, with EPS at $1.27. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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