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Other financials

Income statement

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EPS (diluted)$1.26+31.3%

Balance sheet

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Cash & equivalents$293.0M+337%
Total debt$4.7B-16.9%
Total equity$6.5B+18.8%
Total assets$18.1B-2.4%

Cash flow

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Operating cash flow$554.0M-49.5%

Valuation

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Market cap$12.25B+88.0%
Enterprise value$16.66B+46.5%
P/E7.5×+1.9×

Returns & leverage

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Return on equity27.4%+0.3pp
Debt / equity0.7×-0.3×
Current ratio0.9×0.0×

Where this comes from

Reported directly by APA Corporation in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: APA Corporation’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 2:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001841666-26-000034
Line itemFor the Quarter Ended March 31, 2026For the Quarter Ended March 31, 2025
NET INCOME BEFORE INCOME TAXES830763
Current income tax provision302306
Deferred income tax provision (benefit)(15)39
NET INCOME INCLUDING NONCONTROLLING INTERESTS543418
Net income attributable to noncontrolling interest9771
NET INCOME ATTRIBUTABLE TO COMMON STOCK$446$347
NET INCOME PER COMMON SHARE:
Basic$1.26$0.96

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is APA Corporation's net income?
APA Corporation (APA) reported net income of $543M in Q1 2026.
How has APA Corporation's net income changed year-over-year?
APA Corporation's net income increased by 29.9% year-over-year, from $418M to $543M.
What is the long-term trend for APA Corporation's net income?
Over 4 years (2021 to 2025), APA Corporation's net income has grown at a 3.5% compound annual growth rate (CAGR), from $1.31B to $1.51B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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