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 -12.7% compound annual growth rate (CAGR), from $625M to $363M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

California Resources CRC Net Income

Net Income at other companies

MYR GroupMYRG

$46.8M+101%

SSR MiningSSRM

-$115.15M-311%

NNN REITNNN

$93.95M-2.6%

Piper SandlerPIPR

$68.31M+85.8%

RepligenRGEN

$8.33M+42.9%

LKQLKQ

$79M-53.3%

Other financials

Income statement

See full

Revenue$119.0M-87.0%

Operating income-$711.0M-482%

Net income-$711.0M-718%

EPS (diluted)-$8.02-737%

Balance sheet

See full

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

See full

Operating cash flow$99.0M-46.8%

CapEx$131.0M+138%

Free cash flow-$32.0M-124%

Valuation

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Market cap$4.91B+54.1%

Enterprise value$6.25B+53.7%

P/S1.7×+0.8×

Profitability

See full

Operating margin-10.4%-32.6pp

Net margin-16.1%-29.8pp

FCF margin13.2%+0.8pp

Returns & leverage

See full

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:NetIncomeLoss.

The official record: California Resources’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 -12.7% compound annual growth rate (CAGR), from $625M to $363M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.