CRC FY 2025 Earnings Report — California Resources Corporation Revenue & Financial Results | Market Cap Arena

California Resources CorporationCRC

FY 2025 Earnings

Reported March 2, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$3.6B	—	$3.0B	—	21.9%
Op. Income	$852M	—	$651M	—	30.9%
Gross Margin	39.6%	—	40.6%	—	-1.0pp
Net Margin	10.1%	—	12.7%	—	-2.6pp
EPS (Diluted)	$4.15	—	$4.62	—	-10.2%
Free Cash Flow	$543M	—	$350M	—	55.1%

Revenue Flow

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$2.2B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$238M
General & Administrative	$333M
SG&A Expenses	$571M
Other Expenses	$5M
Operating Expenses	$576M
Cost & Expenses	$2.8B
OPERATING INCOME	$852M
Interest Income	$0
Interest Expense	$106M
Other Income/Expenses	-$350M
INCOME BEFORE TAX	$502M
Income Tax Expense	$139M
Net Income from Continuing Ops	$363M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$363M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$363M
D&A	$625M
EBIT	$852M
EBITDA	$1.5B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$2.2B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$238M
General & Administrative	$333M
SG&A Expenses	$571M
Other Expenses	$5M
Operating Expenses	$576M
Cost & Expenses	$2.8B
OPERATING INCOME	$852M
Interest Income	$0
Interest Expense	$106M
Other Income/Expenses	-$350M
INCOME BEFORE TAX	$502M
Income Tax Expense	$139M
Net Income from Continuing Ops	$363M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$363M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$363M
D&A	$625M
EBIT	$852M
EBITDA	$1.5B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$363M
Depreciation & Amortization	$634M
Stock-Based Compensation	$0
Deferred Income Tax	$85M
Other Non-Cash Items	-$76M
Change in Working Capital	-$141M
OPERATING CASH FLOW	$865M
Capital Expenditure	-$322M
Acquisitions (Net)	-$432M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$29M
NET CASH FROM INVESTING	-$725M
Net Debt Issuance	$145M
Common Stock Repurchased	-$377M
Common Dividends Paid	-$136M
Other Financing Activities	-$15M
NET CASH FROM FINANCING	-$380M
FREE CASH FLOW	$543M
Net Change in Cash	-$240M

Balance Sheet

Item	Amount
Cash & Equivalents	$132M
Short-Term Investments	$0
Net Receivables	$455M
Inventory	$106M
Other Current Assets	$207M
TOTAL CURRENT ASSETS	$938M
PP&E (Net)	$6.0B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$212M
Tax Assets	$76M
Other Non-Current Assets	$189M
TOTAL NON-CURRENT ASSETS	$6.5B
TOTAL ASSETS	$7.4B
Account Payables	$452M
Short-Term Debt	$15M
Deferred Revenue	$0
Other Current Liabilities	$424M
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$154M
Other Non-Current Liabilities	$1.2B
TOTAL NON-CURRENT LIABILITIES	$2.7B
TOTAL LIABILITIES	$3.7B
Common Stock	$1M
Additional Paid-In Capital	$2.6B
Retained Earnings	$1.9B
Treasury Stock	-$944M
Accum. Other Comp. Income	$87M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.7B
Minority Interest	$0
TOTAL EQUITY	$3.7B
TOTAL LIABILITIES & EQUITY	$7.4B
Total Debt	$1.4B
Net Debt	$1.2B