Sandridge Energy Inc income statement
In fiscal 2025, Sandridge Energy Inc reported revenue of $156m, up 24.8% on the year before, operating income of $61.0m (a 39.0% margin) and net income of $70.2m, or $1.90 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2008Dec 2008 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,182 | 591 | 932 | 1,415 | 1,935 | 1,983 | 1,559 | 769 | 357 | 349 | 267 | 115 | 169 | 254 | 149 | 125 | 156 | 180 |
| Cost of revenue | — | — | — | 66 | 68 | 57 | 56 | 24 | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | 1,350 | 1,866 | 1,926 | 1,503 | 744 | — | — | — | — | — | — | — | — | — | — |
| General and administrative | 109 | 100 | 180 | 149 | 242 | 330 | 123 | 150 | — | — | — | — | — | — | — | — | — | — |
| Operating income | −1,338 | −1,605 | −7 | 429 | 325 | −169 | 590 | −4,643 | 40 | −10 | −447 | −274 | 114 | 175 | 64 | 33 | 61 | 74 |
| Interest expense | 147 | 186 | — | — | — | — | — | — | 4 | 3 | 3 | 2 | 0 | — | — | — | — | — |
| Net interest income | — | −185 | −247 | −237 | −303 | −270 | −244 | −321 | — | — | — | −2 | −0 | 2 | 11 | — | — | — |
| Income before tax | — | −1,782 | −252 | 157 | 146 | −509 | 350 | −4,321 | 38 | −9 | −449 | −278 | 117 | 178 | 75 | 41 | 65 | 77 |
| Income tax | −38 | −9 | −447 | −6 | −100 | 6 | −2 | 0 | −9 | −0 | 0 | −1 | 0 | −65 | 14 | −22 | −6 | −6 |
| Net income | −1,441 | −1,776 | 191 | 108 | 142 | −554 | 253 | −3,698 | 47 | −9 | −449 | −277 | 117 | 242 | 61 | 63 | 70 | 83 |
| Diluted EPS | −$9.36 | −$10.20 | $0.52 | $0.13 | $0.19 | −$1.27 | $0.42 | −$7.16 | $1.44 | −$0.26 | −$12.68 | −$7.77 | $3.13 | $6.52 | $1.64 | $1.69 | $1.90 | $2.24 |
| Diluted shares (average) | 156m | 175m | 315m | 407m | 456m | 481m | 500m | 522m | 33m | 35m | 35m | 36m | 37m | 37m | 37m | 37m | 37m | 37m |
| EBITDA | −977 | −1,378 | 310 | 800 | 954 | 461 | 1,084 | −4,275 | 172 | 129 | −288 | −215 | 130 | 193 | 86 | 66 | 104 | 121 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 39 | 43 | 35 | 40 | 39 | 50 | 51 |
| Operating income | 8 | 10 | 12 | 19 | 15 | 15 | 18 | 26 |
| Income before tax | 10 | 11 | 13 | 20 | 16 | 16 | 19 | 27 |
| Income tax | −15 | −7 | 0 | 0 | 0 | −6 | 0 | 0 |
| Net income | 25 | 18 | 13 | 20 | 16 | 22 | 19 | 27 |
| Diluted EPS | $0.69 | $0.47 | $0.35 | $0.53 | $0.43 | $0.58 | $0.50 | $0.72 |
| EBITDA | 18 | 21 | 22 | 28 | 26 | 27 | 29 | 38 |
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