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Crescent Energy CRGY Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

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Diamondback EnergyFANG
$134M+144%
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Diversified EnergyDEC
-$23.88M
MTD
Matador ResourcesMTDR
$0
MGY
Magnolia Oil & Gas CorporationMGY
$0+100%
EQT Corporation logo
EQT CorporationEQT
-$341K+94.2%
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Chord EnergyCHRD
$0

Other financials

Income statement

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Revenue$1.2B+24.5%
Operating income$327.5M+90.2%
Net income-$419.8M-19,428%
EPS (diluted)-$1.28-12,700%

Balance sheet

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Cash & equivalents$32.6M+37.3%
Total debt$5.2B+45.5%
Total equity$4.7B+43.5%
Total assets$12.0B+21.5%

Cash flow

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Operating cash flow$409.2M+21.4%

Valuation

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Market cap$3.74B+59.3%
Enterprise value$8.96B+56.9%
P/S+0.3×

Profitability

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Operating margin9.1%-10.0pp
Net margin-7.2%-21.1pp

Returns & leverage

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Return on equity-6.9%+254pp
Debt / equity1.1×0.0×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Crescent Energy in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: Crescent Energy’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001866175-26-000090
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other income (expense):
Gain (loss) on derivatives(706,591)(91,028)
Interest expense(104,574)(73,182)
Loss from extinguishment of debt(17,397)
Other income (expense)(327)115
Income (loss) from equity affiliates(51)392
Total other income (expense)(828,940)(163,703)
Income (loss) before taxes(501,448)8,524

Item 1. Financial Statements

FAQ

What is Crescent Energy's gain (loss) on extinguishment of debt?
Crescent Energy (CRGY) reported gain (loss) on extinguishment of debt of -$17.4M in Q1 2026.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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