Operating

Net Income

Empire Petroleum Net Income decreased by 2.0% to $1.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.7%, from $743.00M to $1.00B. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 14.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 24, 2026

How to read this metric

An increase indicates higher profitability and operational success, while a decrease may signal rising costs or declining sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, taxes, and interest have been deduct...

Peer comparison

Standard across all public companies, though margins vary significantly by industry sector.

Metric ID: net_income_cf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$740.00M$511.00M$654.00M$684.00M$653.00M$595.00M$693.00M$703.00M$610.00M$555.00M$618.00M$773.00M$602.00M$651.00M$694.00M$743.00M$742.00M$654.00M$1.02B$1.00B
QoQ Change+169.1%+28.0%+4.6%-4.5%-8.9%+16.5%+1.4%-13.2%-9.0%+11.4%+25.1%-22.1%+8.1%+6.6%+7.1%-0.1%-11.9%+56.1%-2.0%
YoY Change+188.2%+16.4%+6.0%+2.8%-6.6%-6.7%-10.8%+10.0%-1.3%+17.3%+12.3%-3.9%+23.3%+0.5%+47.1%+34.7%
Range-$740.00M$1.02B
CAGR+6.6%
Avg YoY Growth+20.6%
Median YoY Growth+8.0%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Natural Gas Pipelines$1.23B$1.29B$1.39B$1.45B$1.44B$1.39B$1.80B$1.71B
Terminals$281.00M$268.00M$281.00M$275.00M$300.00M$274.00M$294.00M$329.00M
Products Pipelines$301.00M$278.00M$302.00M$273.00M$289.00M$288.00M$307.00M$320.00M
CO2$206.00M$170.00M$158.00M$181.00M$150.00M$135.00M$146.00M$168.00M
Total$602.00M$651.00M$694.00M$743.00M$742.00M$654.00M$1.02B$1.00B

Frequently Asked Questions

What is Empire Petroleum's net income?
Empire Petroleum (EP) reported net income of $1.00B in Q1 2026.
How has Empire Petroleum's net income changed year-over-year?
Empire Petroleum's net income increased by 34.7% year-over-year, from $743.00M to $1.00B.
What is the long-term trend for Empire Petroleum's net income?
Over 4 years (2021 to 2025), Empire Petroleum's net income has grown at a 14.3% compound annual growth rate (CAGR), from $1.85B to $3.16B.
What does net income mean?
The total profit a company earns after all expenses and taxes are paid.