California Resources Corporation (CRC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.0B	3.6B	3.0B	2.8B	3.3B
Cost of Revenue	2.1B	2.2B	1.8B	1.5B	1.5B
Gross Profit	1.9B	1.4B	1.2B	1.3B	1.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	623.0M	571.0M	321.0M	267.0M	222.0M
General & Admin Expense	385.0M	333.0M	321.0M	267.0M	222.0M
Selling & Marketing Expense	238.0M	238.0M	—	—	—
Other Expenses	175.0M	5.0M	230.0M	165.0M	162.0M
Total Operating Expenses	798.0M	576.0M	551.0M	432.0M	384.0M
Cost and Expenses	2.9B	2.8B	2.3B	1.9B	1.9B
Operating Income (EBIT)	1.1B	852.0M	651.0M	894.0M	1.4B
Non-Operating
Interest Income	(11.0M)	—	26.0M	40.0M	23.0M
Interest Expense	111.0M	106.0M	87.0M	56.0M	53.0M
Net Interest Income	(122.0M)	(106.0M)	(61.0M)	(16.0M)	(30.0M)
Other Non-Op Income/Expense	(1.3B)	(350.0M)	(135.0M)	(146.0M)	(593.0M)
Non-Operating Income (excl Interest)	1.2B	244.0M	48.0M	90.0M	540.0M
EBT (Pre-Tax Income)	(204.0M)	502.0M	516.0M	748.0M	761.0M
Income Tax Expense	(83.0M)	139.0M	140.0M	184.0M	237.0M
Bottom Line
Net Income	(121.0M)	363.0M	376.0M	564.0M	524.0M
Earnings from Cont. Ops	(121.0M)	363.0M	376.0M	564.0M	524.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(121.0M)	363.0M	376.0M	564.0M	524.0M
Per Share
Basic EPS	($1.33)	$4.17	$4.74	$8.10	$6.94
Diluted EPS	($1.36)	$4.15	$4.62	$7.78	$6.75
Revenue Per Share	$45.19	$41.43	$37.29	$40.42	$43.15
Shares
Basic Shares Outstanding	88.8M	87.0M	79.3M	69.6M	75.5M
Diluted Shares Outstanding	89.3M	87.4M	81.4M	72.5M	77.6M
Profitability Metrics
EBITDA	507.0M	1.2B	1.1B	1.1B	1.1B
D&A	600.0M	625.0M	475.0M	271.0M	241.0M
EBIT	(93.0M)	608.0M	603.0M	804.0M	814.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026