Crescent Energy Co income statement
In fiscal 2025, Crescent Energy Co reported revenue of $3.58bn, up 22.1% on the year before, operating income of $229m (a 6.4% margin) and net income of $133m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,087 | 754 | 1,477 | 3,057 | 2,383 | 2,931 | 3,580 | 4,794 |
| General and administrative | 2 | 17 | 78 | 85 | 141 | 336 | 472 | 406 |
| Operating income | 227 | −374 | 484 | 1,284 | 325 | 218 | 229 | 1,334 |
| Interest expense | 54 | 38 | 51 | 96 | 146 | 216 | 298 | 376 |
| Income before tax | 47 | −216 | −433 | 517 | 345 | −169 | 202 | 171 |
| Income tax | 0 | 0 | −0 | 36 | 23 | −31 | 35 | 88 |
| Net income | 0 | 0 | −19 | 97 | 68 | −115 | 133 | 62 |
| EBITDA | 538 | −1 | 797 | 1,817 | 1,001 | 1,168 | 1,396 | 2,710 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 875 | 950 | 898 | 867 | 865 | 1,183 | 1,395 | 1,351 |
| General and administrative | 87 | 57 | 125 | 74 | 217 | 63 | 61 | 65 |
| Operating income | −28 | 172 | 80 | 31 | −53 | 327 | 581 | 479 |
| Interest expense | 69 | 73 | 75 | 73 | 77 | 105 | 100 | 94 |
| Income before tax | −207 | 9 | 204 | −14 | 4 | −501 | 664 | 5 |
| Income tax | −37 | 3 | 41 | −4 | −5 | −82 | 170 | 6 |
| Net income | −118 | −2 | 153 | −10 | −9 | −420 | 493 | −2 |
| EBITDA | 282 | 455 | 377 | 329 | 235 | 682 | 939 | 854 |
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