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California Resources CRC Total Operating Expenses

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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%
CapEx$131.0M+138%
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:OperatingExpenses.

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 loss (gain) from natural gas purchase derivatives24(6)
Measurement period adjustments, net1
Other operating expenses, net5433
Total operating expenses830726
OPERATING (LOSS) INCOME(711)186
NON-OPERATING (EXPENSES) INCOME
Interest and debt expense, net(29)(27)
Loss on early extinguishment of debt(21)(1)

Cover / Front Matter

FAQ

What is California Resources's total operating expenses?
California Resources (CRC) reported total operating expenses of $830M in Q1 2026.
How has California Resources's total operating expenses changed year-over-year?
California Resources's total operating expenses increased by 14.3% year-over-year, from $726M to $830M.
What is the long-term trend for California Resources's total operating expenses?
Over 3 years (2022 to 2025), California Resources's total operating expenses has grown at a 16.3% compound annual growth rate (CAGR), from $1.95B to $3.07B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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