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Talos Energy TALO Upstream — Income Tax Expense Benefit

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Other financials

Income statement

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Revenue$472.3M-7.9%
Operating income-$119.4M-375%
Net income-$256.2M-2,496%
EPS (diluted)-$1.52-2,940%

Balance sheet

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Cash & equivalents$386.4M+90.4%
Total debt$1.3B-1.4%
Total equity$1.9B-31.4%
Total assets$5.3B-14.0%

Cash flow

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Operating cash flow$174.0M-35.1%
CapEx$50.2M-30.9%
Free cash flow$123.8M-36.7%

Valuation

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Market cap$2.33B+51.7%
Enterprise value$3.29B+24.1%
P/S1.3×+0.6×

Profitability

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Operating margin-41.6%-48.8pp
Net margin-42.6%-43.9pp
FCF margin44.8%-7.6pp

Returns & leverage

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Return on equity-32.2%-33.1pp
Debt / equity0.7×+0.2×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Talos Energy in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is Talos Energy's upstream — income tax expense benefit?
Talos Energy (TALO) reported upstream — income tax expense benefit of -$65.29M in Q1 2026.
How has Talos Energy's upstream — income tax expense benefit changed year-over-year?
Talos Energy's upstream — income tax expense benefit decreased by 71649.5% year-over-year, from -$91K to -$65.29M.
What is the long-term trend for Talos Energy's upstream — income tax expense benefit?
Over 3 years (2022 to 2025), Talos Energy's upstream — income tax expense benefit has grown at a 255.7% compound annual growth rate (CAGR), from $2.43M to -$109.17M.
What does upstream — income tax expense benefit mean?
Reflects the total tax provision or benefit recognized by the upstream segment based on its operational earnings. It captures the impact of jurisdictional tax regulations on the segment's bottom-line performance.