Crescent Energy Company (CRGY) Income Statement
CRGY 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCRGY revenue and net income
Where CRGY's revenue goes
2025Each bar shows an amount and its share of revenue. CRGY kept 3.7% of revenue as net income.
CRGY profit margins
CRGY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +22.1% | +5.4% | +36.5% | — |
| Gross profit | −66.3% | −32.4% | +7.9% | — |
| Operating income | +116.8% | −28.3% | — | — |
| Net income | — | +11.2% | — | — |
| EPS (diluted) | −40.8% | −43.3% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CRGY quarterly EPS vs estimates
Crescent Energy beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.51).
CRGY income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.58B | $2.93B | $2.38B | $3.06B | $1.48B | $754.2M | $1.09B | $1.20B |
| Cost of revenue | $2.77B | $528.8M | $1.08B | $438.8M | $243.5M | $202.2M | $255.1M | $246.2M |
| Gross profit | $808.5M | $2.40B | $1.30B | $2.62B | $1.23B | $552.0M | $832.1M | $952.9M |
| Sales, general & admin | $472.2M | $639.6M | $428.5M | $265.1M | $276.2M | $196.0M | $154.4M | $156.7M |
| Total operating expenses | $334.7M | $2.18B | $979.5M | $1.33B | $749.7M | $925.7M | $605.0M | $573.2M |
| Operating income | $473.7M | $218.5M | $324.7M | $1.28B | $483.7M | −$373.6M | $227.1M | $368.2M |
| Interest expense | $298.4M | $216.3M | $145.8M | $95.9M | $50.7M | $38.1M | $53.6M | $48.4M |
| Income before taxes | $201.7M | −$168.8M | $345.2M | $516.9M | −$432.5M | −$216.1M | $46.7M | $377.3M |
| Income taxes | $34.5M | −$31.1M | $23.2M | $36.3M | −$306,000 | $14,000 | $28,000 | $220,000 |
| Net income | $132.9M | −$114.6M | $67.6M | $96.7M | −$19.4M | −$216.1M | $46.7M | $278.9M |
| EBITDA | $1.67B | $997.0M | $1.17B | $1.15B | −$69.0M | $194.3M | $411.5M | $709.1M |
| EPS (diluted) | $1.61 | $2.72 | $2.20 | $8.83 | $2.94 | −$205.38 | $1.11 | $10.73 |
| Gross margin | 22.6% | 82.0% | 54.7% | 85.6% | 83.5% | 73.2% | 76.5% | 79.5% |
| Operating margin | 13.2% | 7.5% | 13.6% | 42.0% | 32.8% | −49.5% | 20.9% | 30.7% |
| Net margin | 3.7% | −3.9% | 2.8% | 3.2% | −1.3% | −28.7% | 4.3% | 23.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.18B | $865.0M | $866.6M | $898.0M | $950.2M | $875.3M | $744.9M | $653.3M | $657.5M | $657.7M | $642.4M |
| Cost of revenue | $94.5M | $102.1M | $705.9M | $163.7M | $160.2M | $161.6M | $146.1M | $129.5M | $122.5M | $130.7M | $130.6M | $120.8M |
| Gross profit | $1.30B | $1.08B | $159.1M | $702.9M | $737.8M | $788.6M | $729.2M | $615.3M | $530.8M | $526.8M | $527.1M | $521.6M |
| Sales, general & admin | $61.5M | $62.8M | $181.7M | $171.2M | $248.3M | $175.8M | $183.2M | $211.3M | $122.1M | $123.0M | $119.3M | $120.9M |
| Total operating expenses | $719.5M | $753.3M | $108.9M | $672.1M | $658.2M | $616.4M | $598.5M | $622.8M | $411.4M | $392.8M | $558.5M | $380.1M |
| Operating income | $581.0M | $327.5M | $50.2M | $30.8M | $79.6M | $172.2M | $130.7M | −$7.4M | $119.4M | $134.0M | −$31.4M | $141.5M |
| Interest expense | $99.8M | $104.6M | $77.4M | $72.6M | $75.2M | $73.2M | $69.4M | $61.8M | $42.4M | $42.7M | $43.2M | $42.2M |
| Income before taxes | $663.6M | −$501.4M | $3.9M | −$14.3M | $203.6M | $8.5M | −$206.7M | −$7.2M | $81.7M | −$36.6M | $158.3M | −$151.7M |
| Income taxes | $169.9M | −$82.3M | −$5.1M | −$4.0M | $41.1M | $2.6M | −$36.8M | −$1.6M | $11.5M | −$4.2M | $18.3M | −$20.6M |
| Net income | $492.8M | −$419.8M | −$8.7M | −$9.5M | $153.2M | −$2.1M | −$118.0M | −$9.9M | $37.5M | −$24.2M | $55.5M | −$52.9M |
| EBITDA | $756.5M | −$42.7M | $370.1M | $356.8M | $575.8M | $364.3M | $171.7M | $306.1M | $336.5M | $182.7M | $384.4M | $77.0M |
| EPS (diluted) | $0.63 | $0.53 | $0.49 | −$0.04 | $0.60 | $0.56 | $0.78 | $0.56 | $0.50 | $0.88 | $0.61 | $0.75 |
| Gross margin | 93.2% | 91.4% | 18.4% | 81.1% | 82.2% | 83.0% | 83.3% | 82.6% | 81.3% | 80.1% | 80.1% | 81.2% |
| Operating margin | 41.6% | 27.7% | 5.8% | 3.6% | 8.9% | 18.1% | 14.9% | −1.0% | 18.3% | 20.4% | −4.8% | 22.0% |
| Net margin | 35.3% | −35.5% | −1.0% | −1.1% | 17.1% | −0.2% | −13.5% | −1.3% | 5.7% | −3.7% | 8.4% | −8.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CRGY's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CRGY financial results
In fiscal year 2025 (ended December 31, 2025), Crescent Energy reported revenue of $3.6 billion, up 22.1% from the year before. It had net income of $132.9 million, a net profit margin of 3.7%. Diluted earnings per share came to $1.61. Over five years revenue grew at an average rate of 36.5% a year.
See the CRGY stock overview for the latest quote and news, or the CRGY chart for price history and technical indicators.
CRGY income statement FAQ
What is Crescent Energy's annual revenue?
Crescent Energy reported total revenue of $3.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 22.1% from $2.9 billion the previous year.
Is Crescent Energy profitable?
Yes. Crescent Energy reported net income of $132.9 million in fiscal 2025, a net profit margin of 3.7%; its operating margin was 13.2%.
What is Crescent Energy's gross margin?
Crescent Energy's gross margin was 22.6% in fiscal 2025: for every $100 of revenue, Crescent Energy kept $23 after the direct cost of its products and services.
How fast is Crescent Energy growing?
Revenue grew 36.5% a year on average over the last five fiscal years, from $754.2 million to $3.6 billion.
What are Crescent Energy's earnings per share?
Crescent Energy earned $1.61 per diluted share in fiscal 2025, compared with $2.72 a year earlier.
When will Crescent Energy report its next earnings?
Crescent Energy is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes.
When does Crescent Energy's fiscal year end?
Crescent Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.