Latest close: back above its 200-day averageSep 8, 2026what changed →
The financials
California Resources Corporation by the numbers
California Resources Corporation (CRC) reported revenue of $1.30B in Q2 2026 (quarter ended Jun 30, 2026), up 33% from the same quarter a year earlier. That came with net income of $514M (40% of revenue). For the full year FY2025, revenue was $3.67B (+15% year on year) and net income $363M. Its largest product in Q2 2026 was Oil And Condensate at $995M, 94% of the disclosed total, well ahead of Public Utilities Inventory Propane at 4.5%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.30B | $978M | +33% |
| Operating income | $511M | $267M | +91% |
| Net income | $514M | $172M | +199% |
| Diluted EPS | $5.76 | $1.92 | +200% |
| Product | Revenue | Share |
|---|---|---|
| Oil And Condensate | $995M | 94% |
| Public Utilities Inventory Propane | $47M | 4.5% |
| Natural Gas Production | $14M | 1.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.06B (+17%)
Oil And Condensate grew +55% year on yearNatural Gas Production -26% year on year
Segment Latestquarter on quarteryear on year
- Oil And Condensate$995.0M$995.0MQoQ +19%year on year +55%+19%+55%
- Public Utilities Inventory Propane$47.0M$47.0MQoQ +12%year on year +21%+12%+21%
- Natural Gas Production$14.0M$14.0MQoQ -52%year on year -26%-52%-26%