APA (APA Corporation) Stock Financials & Earnings | Market Cap Arena

APA (APA Corporation) Stock Financials & Earnings | Market Cap Arena

APAAPA Corporation

Mkt Cap$11B

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NASDAQ

Revenue (TTM)$8.9B

Net Income (TTM)$1.4B

EPS (TTM)$3.98

Free Cash Flow (TTM)$1.8B

Gross Margin38.1%

Op. Margin30.9%

Net Margin16.1%

FCF Margin19.9%

P/S Ratio (TTM)1.3x

P/E Ratio (TTM)8.0x

YoY Rev Growth-8.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.0B	$1.1B	$832M
Q2 23	$1.8B	$859M	$665M
Q3 23	$2.3B	$1.2B	$918M
Q4 23	$2.2B	$1.1B	$911M
Q1 24	$2.0B	$936M	$613M
Q2 24	$2.5B	$1.2B	$894M
Q3 24	$2.5B	$1.1B	$876M
Q4 24	$2.7B	$1.1B	$831M
Q1 25	$2.6B	$1.0B	$773M
Q2 25	$2.2B	$791M	$671M
Q3 25	$2.1B	$818M	$672M
Q4 25	$2.0B	$781M	$640M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.1x	5.7x
Q2 23	1.3x	7.7x
Q3 23	1.3x	7.5x
Q4 23	1.4x	4.0x
Q1 24	1.4x	4.2x
Q2 24	1.3x	4.0x
Q3 24	1.3x	5.2x
Q4 24	1.2x	14.3x
Q1 25	1.1x	11.3x
Q2 25	1.1x	10.6x
Q3 25	1.2x	7.6x
Q4 25	1.3x	8.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$335M	-$214M
Q2 23	$1.0B	$420M
Q3 23	$764M	$135M
Q4 23	$1.0B	$455M
Q1 24	$368M	-$162M
Q2 24	$877M	$121M
Q3 24	$1.3B	$472M
Q4 24	$1.0B	$342M
Q1 25	$1.1B	$306M
Q2 25	$1.2B	$514M
Q3 25	$1.5B	$741M
Q4 25	$808M	$218M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$549M
Q2 23	$580M
Q3 23	$629M
Q4 23	$575M
Q1 24	$530M
Q2 24	$756M
Q3 24	$867M
Q4 24	$694M
Q1 25	$790M
Q2 25	$667M
Q3 25	$719M
Q4 25	$590M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-24.8%	-10.8%
Q2 23	-41.1%	-25.1%
Q3 23	-20.1%	-14.3%
Q4 23	-12.3%	-13.7%
Q1 24	-2.8%	+13.8%
Q2 24	+41.6%	+45.8%
Q3 24	+9.7%	+19.1%
Q4 24	+25.1%	+49.8%
Q1 25	+35.1%	+39.2%
Q2 25	-14.4%	-8.6%
Q3 25	-16.4%	-12.8%
Q4 25	-26.6%	-28.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 23	$65M
Q2 23	$72M
Q3 23	$139M
Q4 23	$75M
Q1 24	$93M
Q2 24	$85M
Q3 24	$92M
Q4 24	$102M
Q1 25	$98M
Q2 25	$66M
Q3 25	$95M
Q4 25	$91M

Revenue Segments

Quarter	Oil And Gas, Excluding Purchased	Oil and Gas, Purchased
Q1 23	$1.8B	$239M
Q2 23	$1.7B	$144M
Q3 23	$2.1B	$229M
Q4 23	$1.9B	$282M
Q1 24	$1.7B	$203M
Q2 24	$2.2B	$342M
Q3 24	$2.1B	$473M
Q4 24	$2.2B	$523M
Q1 25	$2.0B	$597M
Q2 25	$1.7B	$460M

Revenue by Geography

Quarter	North Sea	Segment United States
Q1 23	$1.1B	$934M
Q2 23	$986M	$810M
Q3 23	$1.2B	$1.1B
Q4 23	$1.1B	$1.1B
Q1 24	$972M	$979M
Q2 24	$1.0B	$1.5B
Q3 24	$891M	$1.6B
Q1 25	$923M	$1.7B
Q2 25	$796M	$1.4B
Q3 25	$899M	$1.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$154M	$0	$154M
Q2 23	$142M	$0	$142M
Q3 23	$95M	$0	$95M
Q4 23	$87M	$0	$87M
Q1 24	$102M	$0	$102M
Q2 24	$160M	$0	$160M
Q3 24	$64M	$0	$64M
Q4 24	$625M	$0	$625M
Q1 25	$67M	$0	$67M
Q2 25	$107M	$0	$107M
Q3 25	$475M	$0	$475M
Q4 25	$516M	$0	$516M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	312M	-3.1%
Q2 23	309M	-1.0%
Q3 23	308M	-0.3%
Q4 23	307M	-0.3%
Q1 24	302M	-1.6%
Q2 24	372M	+23.2%
Q3 24	370M	-0.5%
Q4 24	369M	-0.3%
Q1 25	364M	-1.4%
Q2 25	362M	-0.5%
Q3 25	361M	-0.3%
Q4 25	355M	-1.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	—	—
FY 19	—	—
FY 20	$2M	2K
FY 21	$4M	2K
FY 22	$5M	2K
FY 23	$4M	2K
FY 24	$4M	2K
FY 25	$5M	2K