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Other financials

Income statement

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Revenue$119.0M-87.0%
Operating income-$711.0M-482%
Net income-$711.0M-718%
EPS (diluted)-$8.02-737%

Balance sheet

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Cash & equivalents$40.0M-81.3%
Total debt$1.4B+25.7%
Total equity$2.9B-17.0%
Total assets$7.1B+4.7%

Cash flow

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Operating cash flow$99.0M-46.8%
Free cash flow-$32.0M-124%

Valuation

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Market cap$4.67B+7.3%
Enterprise value$6.01B+11.8%
P/S1.6×+0.6×

Profitability

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Operating margin-10.4%-32.6pp
Net margin-16.1%-29.8pp
FCF margin13.2%+0.8pp

Returns & leverage

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Return on equity-14.4%-32.3pp
Debt / equity0.5×+0.2×
Current ratio0.5×-0.3×

Where this comes from

Reported directly by California Resources in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: California Resources’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001609253-26-000106
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Net changes in operating assets and liabilities(148)(66)
Net cash provided by operating activities99186
CASH FLOW FROM INVESTING ACTIVITIES
Capital investments(131)(55)
Changes in accrued capital investments(10)(21)
Acquisitions(2)
Distribution from unconsolidated subsidiary10
Other, net(3)(3)

Cover / Front Matter

FAQ

What is California Resources's capex?
California Resources (CRC) reported capex of $131M in Q1 2026.
How has California Resources's capex changed year-over-year?
California Resources's capex increased by 138.2% year-over-year, from $55M to $131M.
What is the long-term trend for California Resources's capex?
Over 4 years (2021 to 2025), California Resources's capex has grown at a 13.5% compound annual growth rate (CAGR), from $194M to $322M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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