Kosmos Energy Ltd. (KOS) Income Statement
KOS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKOS revenue and net income
Where KOS's revenue goes
2025Each bar shows an amount and its share of revenue. KOS kept −53.9% of revenue as net income.
KOS profit margins
KOS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −22.5% | −16.7% | +10.0% | +11.3% |
| Gross profit | −127.8% | — | — | — |
| Operating income | −157.5% | — | — | — |
| Net income | −468.6% | — | — | — |
| EPS (diluted) | −267.4% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KOS quarterly EPS vs estimates
Kosmos Energy beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.12).
KOS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $1.68B | $1.70B | $2.25B | $1.33B | $804.0M | $1.50B | $886.7M | $578.1M | $310.4M |
| Cost of revenue | $1.49B | $987.3M | $835.0M | $907.6M | $813.2M | $824.3M | $378.4M | $554.6M | $382.1M | $259.8M |
| Gross profit | −$191.4M | $688.1M | $866.6M | $1.34B | $518.8M | −$20.3M | $1.12B | $332.1M | $196.1M | $50.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $76.1M | $100.2M | $141.8M | $100.9M | $91.5M | $85.3M | $291.0M | $106.8M | $68.3M | $102.6M |
| Total operating expenses | $79.5M | $216.9M | $147.8M | $231.8M | $163.3M | −$20.3M | $291.0M | $408.3M | $284.4M | $304.9M |
| Operating income | −$270.9M | $471.2M | $718.7M | $1.11B | $355.5M | −$228.0M | $830.1M | −$76.2M | −$87.4M | −$254.3M |
| Interest income | $30.8M | $24.4M | $19.5M | $379.2M | $382.3M | $121.7M | $3.7M | $3.5M | $3.4M | $2.0M |
| Interest expense | $60.1M | $79.1M | $103.9M | $123.1M | $111.8M | $106.6M | $128.6M | $101.2M | $75.8M | $45.0M |
| Income before taxes | −$634.6M | $349.8M | $371.7M | $337.1M | −$43.4M | −$416.8M | $25.1M | −$50.9M | −$177.9M | −$294.6M |
| Income taxes | $65.2M | $160.0M | $158.2M | $110.5M | $34.5M | −$5.2M | $80.9M | $43.1M | $44.9M | −$10.8M |
| Net income | −$699.8M | $189.9M | $213.5M | $226.6M | −$77.8M | −$411.6M | −$55.8M | −$94.0M | −$222.8M | −$283.8M |
| EBITDA | −$9.8M | $894.4M | $930.5M | $968.8M | $546.2M | $180.7M | $751.0M | $379.3M | $169.6M | −$98.9M |
| EPS (diluted) | −$0.72 | $0.43 | $0.79 | $0.62 | −$0.09 | −$0.63 | −$0.06 | −$0.47 | −$0.32 | −$0.25 |
| Gross margin | −14.8% | 41.1% | 50.9% | 59.6% | 38.9% | −2.5% | 74.8% | 37.5% | 33.9% | 16.3% |
| Operating margin | −20.9% | 28.1% | 42.2% | 49.3% | 26.7% | −28.4% | 55.4% | −8.6% | −15.1% | −81.9% |
| Net margin | −53.9% | 11.3% | 12.5% | 10.1% | −5.8% | −51.2% | −3.7% | −10.6% | −38.5% | −91.4% |
| 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 | $607.3M | $421.7M | $297.4M | $311.2M | $392.6M | $290.1M | $397.6M | $407.8M | $450.9M | $419.1M | $507.8M | $533.1M |
| Cost of revenue | $179.4M | $270.2M | $449.0M | $147.7M | $394.4M | $288.0M | $297.7M | $254.2M | $240.8M | $194.5M | $217.1M | $281.4M |
| Gross profit | $427.8M | $151.5M | −$151.6M | $163.5M | −$1.8M | $2.2M | $99.8M | $153.6M | $210.1M | $224.6M | $290.7M | $251.6M |
| Sales, general & admin | $19.3M | $27.7M | $17.9M | $67.8M | $19.1M | $26.3M | $23.4M | $23.3M | $38.4M | $28.3M | $21.8M | $25.1M |
| Total operating expenses | $155.1M | $27.7M | $17.9M | $67.8M | $23.1M | $35.9M | $103.3M | $38.0M | $38.4M | $40.3M | $32.0M | $27.5M |
| Operating income | $272.7M | $123.8M | −$169.5M | $95.7M | −$24.9M | −$33.8M | −$3.5M | $115.6M | $171.7M | $184.2M | $258.7M | $224.1M |
| Interest income | $8.3M | $10.6M | $7.5M | $7.4M | $6.9M | $10.1M | $7.4M | $5.7M | $7.2M | $6.6M | $5.9M | $5.3M |
| Interest expense | $53.7M | $59.1M | $57.6M | $49.6M | $59.9M | $60.1M | $17.9M | $23.4M | $19.7M | $12.8M | $19.4M | $20.6M |
| Income before taxes | $282.5M | −$241.1M | −$370.3M | −$106.5M | −$63.8M | −$94.0M | −$33.8M | $106.6M | $135.1M | $142.0M | $41.4M | $137.5M |
| Income taxes | $97.7M | −$15.5M | $6.8M | $17.8M | $24.0M | $16.6M | −$27.3M | $61.6M | $75.4M | $50.3M | $19.7M | $52.4M |
| Net income | $184.8M | −$225.6M | −$377.1M | −$124.3M | −$87.7M | −$110.6M | −$6.6M | $45.0M | $59.8M | $91.7M | $21.7M | $85.2M |
| EBITDA | $459.4M | −$59.6M | −$167.2M | $86.5M | $149.3M | $88.6M | $131.0M | $252.8M | $247.2M | $266.0M | $182.1M | $292.9M |
| EPS (diluted) | $0.11 | −$0.07 | −$0.16 | −$0.15 | −$0.19 | −$0.22 | −$0.03 | $0.08 | $0.17 | $0.21 | $0.31 | $0.26 |
| Gross margin | 70.5% | 35.9% | −51.0% | 52.5% | −0.4% | 0.7% | 25.1% | 37.7% | 46.6% | 53.6% | 57.2% | 47.2% |
| Operating margin | 44.9% | 29.4% | −57.0% | 30.7% | −6.3% | −11.6% | −0.9% | 28.3% | 38.1% | 44.0% | 51.0% | 42.0% |
| Net margin | 30.4% | −53.5% | −126.8% | −39.9% | −22.3% | −38.1% | −1.7% | 11.0% | 13.3% | 21.9% | 4.3% | 16.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KOS's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KOS financial results
In fiscal year 2025 (ended December 31, 2025), Kosmos Energy reported revenue of $1.3 billion, down 22.5% from the year before. It had a net loss of $699.8 million, a net profit margin of −53.9%. Diluted earnings per share came to −$0.72. Over five years revenue grew at an average rate of 10.0% a year.
See the KOS stock overview for the latest quote and news, or the KOS chart for price history and technical indicators.
KOS income statement FAQ
What is Kosmos Energy's annual revenue?
Kosmos Energy reported total revenue of $1.3 billion for fiscal year 2025, which ended on December 31, 2025. That was down 22.5% from $1.7 billion the previous year.
Is Kosmos Energy profitable?
No. Kosmos Energy reported a net loss of $699.8 million in fiscal 2025, a net profit margin of −53.9%; its operating margin was −20.9%.
What is Kosmos Energy's gross margin?
Kosmos Energy's gross margin was −14.8% in fiscal 2025: for every $100 of revenue, Kosmos Energy kept $-15 after the direct cost of its products and services.
How fast is Kosmos Energy growing?
Revenue grew 10.0% a year on average over the last five fiscal years, from $804.0 million to $1.3 billion.
What are Kosmos Energy's earnings per share?
Kosmos Energy earned $-0.72 per diluted share in fiscal 2025, compared with $0.43 a year earlier.
When will Kosmos Energy report its next earnings?
Kosmos Energy is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 before the market opens.
When does Kosmos Energy's fiscal year end?
Kosmos Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.