CLMT Q4 2025 Earnings — Calumet, Inc. Revenue & Financial Results | Market Cap Arena

CLMTCalumet, Inc.

$3B

Q4 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.0B+9.4% YoY

Gross Profit

-$3M-0.3% margin

Operating Income

-$63M-6.1% margin

Net Income

-$37M-3.6% margin

EPS (Diluted)

$-0.43

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$117M

Free Cash Flow

$104M

Stock-Based Comp.

-$5M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$3.2B

Stockholders' Equity

-$733M

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$950M	+9.4%
Gross Profit	-$3M	$84M	-103.6%
Operating Income	-$63M	$23M	-378.4%
Net Income	-$37M	-$41M	+8.4%

Revenue Segments

Specialty Products and Solutions

$680M65%

Montana/Renewables

$294M28%

Performance Brands

$69M7%