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Other financials

Income statement

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Revenue$1.3B+32.6%
Operating income$511.0M+91.4%
Net income$514.0M+199%
EPS (diluted)$5.76+200%

Balance sheet

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Cash & equivalents$56.0M-22.2%
Total debt$1.3B+23.4%
Total equity$3.4B-0.1%
Total assets$7.1B+5.8%

Cash flow

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Operating cash flow$263.0M+59.4%
CapEx$149.0M+166%
Free cash flow$114.0M+4.6%

Valuation

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Market cap$4.67B+7.3%
Enterprise value$5.96B+11.0%
P/S1.5×+0.4×

Profitability

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Operating margin-1.7%-26.9pp
Net margin-3.8%-19.9pp
FCF margin12.1%-0.1pp

Returns & leverage

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Return on equity-3.6%-27.9pp
Debt / equity0.4×+0.1×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by California Resources in its filing.

Tagged under the XBRL concept us-gaap:EarningsPerShareBasic.

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

Filed
Aug 10, 2026, 3:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001609253-26-000130
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Income tax benefit (provision)56(70)105(117)
NET INCOME (LOSS)$514$172$(197)$287
Net income (loss) per share
Basic$5.79$1.93$(2.22)$3.20
Diluted$5.76$1.92$(2.22)$3.18
Weighted-average common shares outstanding
Basic88.889.088.789.8
Diluted89.389.488.790.3

Cover / Front Matter

FAQ

What is California Resources's EPS (basic)?
California Resources (CRC) reported EPS (basic) of $5.79 in Q2 2026.
How has California Resources's EPS (basic) changed year-over-year?
California Resources's EPS (basic) increased by 200.0% year-over-year, from $1.93 to $5.79.
What is the long-term trend for California Resources's EPS (basic)?
Over 4 years (2021 to 2025), California Resources's EPS (basic) has grown at a -13.8% compound annual growth rate (CAGR), from $7.48 to $4.13.
What does EPS (basic) mean?
Net income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Does not account for dilutive securities.

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