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California Resources CRC Net Income
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Where this comes from
Reported directly by California Resources in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
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 item | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Other non-operating income, net | 3 | 5 |
| (LOSS) INCOME BEFORE INCOME TAXES | (760) | 162 |
| Income tax benefit (provision) | 49 | (47) |
| NET (LOSS) INCOME | $(711) | $115 |
| Net (loss) income per share | ||
| Basic | $(8.02) | $1.27 |
| Diluted | $(8.02) | $1.26 |
| Weighted-average common shares outstanding |
Cover / Front Matter
FAQ
- What is California Resources's net income?
- California Resources (CRC) reported net income of -$711M in Q1 2026.
- How has California Resources's net income changed year-over-year?
- California Resources's net income decreased by 718.3% year-over-year, from $115M to -$711M.
- What is the long-term trend for California Resources's net income?
- Over 4 years (2021 to 2025), California Resources's net income has grown at a -12.2% compound annual growth rate (CAGR), from $612M to $363M.
- 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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