Income StatementBalance SheetCash FlowSegments
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Empire Petroleum Income Statement

Revenue, expenses, and profitability over time

Empire Petroleum generated $17.5B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $3.3B with a 18.92% net margin. Gross margin stands at 66.89% and operating margin at 28.66%. Diluted EPS is $1.49, which grew 0.3% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$17.5BGross Profit (TTM)$11.7BOperating Income (TTM)$5.0BNet Income (TTM)$3.3BEps Diluted (TTM)$1.49
Latest FilingQ1 2026
Report Date2026-04-24
Market Cap$99.2M
P/E Ratio0.030
ROE10.71%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net$81.0M$0.0$9.0M$1.0M$5.0M$7.0M
Shipping and Handling Costs$761.0M$711.0M$773.0M$786.0M$787.0M$711.0M
Depreciation and amortization$596.0M$610.0M$616.0M$609.0M$618.0M$633.0M
General and administrative$182.0M$187.0M$188.0M$183.0M$186.0M$184.0M
Total operating expenses$2.9B$3.1B$2.9B$3.1B$3.1B$3.4B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.30$0.32$0.32$0.28$0.45$0.44
Diluted earnings per share$0.30$0.32$0.32$0.28$0.45$0.44
Weighted-average shares, basic—2.2B2.2B2.2B—2.2B
Weighted-average shares, diluted—2.2B2.2B2.2B—2.2B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$228.0M$220.0M$206.0M$221.0M$249.0M$254.0M
Other income (expense), net-$217.0M-$216.0M-$233.0M-$224.0M-$59.0M-$156.0M
Interest Income (Expense), Nonoperating-$442.0M-$451.0M-$452.0M-$456.0M-$442.0M-$430.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$2.7B$2.8B$2.8B$2.8B$3.1B$3.1B
Operating income$1.1B$1.1B$1.2B$1.1B$1.4B$1.4B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$891.0M$929.0M$919.0M$839.0M$1.3B$1.3B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$197.0M$186.0M$177.0M$185.0M$284.0M$287.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$667.0M$717.0M$715.0M$628.0M$996.0M$976.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.2B$1.5B$1.2B$1.4B$1.4B$1.7B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$4.0B$4.2B$4.0B$4.1B$4.5B$4.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income, net (Note 6)$10.0M$15.0M$13.0M$11.0M$134.0M$20.0M
Taxes other than income taxes and other – net$106.0M$112.0M$111.0M$111.0M$111.0M$114.0M