Crescent Energy Company Financials
This page shows Crescent Energy Company (CRGY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Heavy depletion charges and a debt-funded asset base make cash flow look much stronger than reported profit.
In FY2025, operating cash flow was$1.68B while net income was only$133M . That gap is largely explained by$1.17B of depreciation and amortization, showing an asset-heavy cash engine where accounting profit is heavily reduced by past investment charges, so net margin understates the business's cash-producing capacity.
As revenue recovered, operating margin still fell to
The current ratio improved to 1.5x in FY2025, but cash on hand was only
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Crescent Energy Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Crescent Energy Company scores 0.71, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Crescent Energy Company passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Crescent Energy Company generates $12.64 in operating cash flow ($1.7B OCF vs $132.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Crescent Energy Company earns $0.8 in operating income for every $1 of interest expense ($229.3M vs $298.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Crescent Energy Company generated $3.6B in revenue in fiscal year 2025. This represents an increase of 22.1% from the prior year.
Crescent Energy Company's EBITDA was $1.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 19.5% from the prior year.
Crescent Energy Company reported $132.9M in net income in fiscal year 2025. This represents an increase of 216.0% from the prior year.
Cash & Balance Sheet
Crescent Energy Company held $10.2M in cash against $5.5B in long-term debt as of fiscal year 2025.
Crescent Energy Company had 328M shares outstanding in fiscal year 2025.
Margins & Returns
Crescent Energy Company's operating margin was 6.4% in fiscal year 2025, reflecting core business profitability. This is down 1.0 percentage points from the prior year.
Crescent Energy Company's net profit margin was 3.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.6 percentage points from the prior year.
Crescent Energy Company's ROE was 2.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.2 percentage points from the prior year.
Capital Allocation
Crescent Energy Company spent $33.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 326.6% from the prior year.
CRGY Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B+36.7% | $865.0M-0.2% | $866.6M-3.5% | $898.0M-5.5% | $950.2M+8.6% | $875.3M+17.5% | $744.9M+14.0% | $653.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $62.8M-71.0% | $216.5M+191.5% | $74.3M-40.4% | $124.6M+119.5% | $56.8M-34.5% | $86.7M-45.7% | $159.7M+238.7% | $47.1M |
| Operating Income | $327.5M+713.5% | -$53.4M-273.3% | $30.8M-61.3% | $79.6M-53.8% | $172.2M+725.8% | -$27.5M-270.8% | -$7.4M-106.2% | $119.4M |
| Interest Expense | $104.6M+35.1% | $77.4M+6.6% | $72.6M-3.4% | $75.2M+2.8% | $73.2M+5.5% | $69.4M+12.2% | $61.8M+46.0% | $42.4M |
| Income Tax | -$82.3M-1502.5% | -$5.1M-27.3% | -$4.0M-109.8% | $41.1M+1471.3% | $2.6M+107.1% | -$36.8M-2140.9% | -$1.6M-114.2% | $11.5M |
| Net Income | -$419.8M-4749.2% | -$8.7M+8.9% | -$9.5M-106.2% | $153.2M+7226.6% | -$2.1M+98.2% | -$118.0M-1086.9% | -$9.9M-126.5% | $37.5M |
| EPS (Diluted) | $-1.28 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CRGY Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.0B-3.6% | $12.4B+28.4% | $9.7B-1.6% | $9.9B-0.2% | $9.9B+7.8% | $9.2B-1.0% | $9.3B+23.7% | $7.5B |
| Current Assets | $896.4M-51.8% | $1.9B+164.8% | $702.7M-6.7% | $753.3M+10.9% | $679.3M-13.8% | $788.1M-8.9% | $864.7M-35.2% | $1.3B |
| Cash & Equivalents | $9.8M-3.8% | $10.2M+187.7% | $3.5M+15.6% | $3.1M-51.2% | $6.3M-95.3% | $132.8M-2.4% | $136.2M-82.5% | $778.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $786.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.3B+0.5% | $7.3B+39.5% | $5.2B-2.7% | $5.4B-1.5% | $5.4B+13.5% | $4.8B-5.2% | $5.1B+29.8% | $3.9B |
| Current Liabilities | $1.6B+24.5% | $1.3B+45.7% | $864.2M+1.5% | $851.6M-2.1% | $870.2M+5.2% | $827.4M-11.0% | $929.8M+30.5% | $712.3M |
| Long-Term Debt | $5.2B-5.2% | $5.5B+71.5% | $3.2B-4.5% | $3.4B-6.2% | $3.6B+18.0% | $3.0B-5.5% | $3.2B+34.2% | $2.4B |
| Total Equity | $4.7B-9.3% | $5.2B+15.3% | $4.5B-0.4% | $4.5B+37.8% | $3.3B+4.0% | $3.1B+9.2% | $2.9B+34.3% | $2.1B |
| Retained Earnings | -$419.8M | $0-100.0% | $15.7M-71.8% | $55.8M+183.4% | -$66.9M-3.3% | -$64.8M-221.5% | $53.3M-35.6% | $82.8M |
CRGY Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $409.2M+10.3% | $371.0M-21.6% | $473.1M-5.2% | $499.0M+48.0% | $337.1M-12.3% | $384.4M+4.5% | $368.0M+28.2% | $286.9M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$681.7M-214.3% | $596.3M+338.6% | -$249.9M-17.8% | -$212.2M+79.9% | -$1.1B-190.4% | -$363.9M+33.6% | -$547.8M-324.3% | -$129.1M |
| Financing Cash Flow | -$448.2M-88.7% | -$237.5M-7.5% | -$220.9M+23.6% | -$289.3M-157.5% | $502.7M+1087.5% | $42.3M+109.9% | -$429.4M-169.4% | $618.3M |
| Dividends Paid | $39.3M+28.8% | $30.6M0.0% | $30.6M0.0% | $30.6M+30.3% | $23.5M+20.4% | $19.5M-0.4% | $19.6M+46.2% | $13.4M |
| Share Buybacks | $0+100.0% | -$358K | $0-100.0% | $28.5M+436.8% | $5.3M+958.2% | $502K-93.2% | $7.3M | $0 |
CRGY Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 27.7%+33.9pp | -6.2%-9.7pp | 3.5%-5.3pp | 8.9%-9.3pp | 18.1%+21.3pp | -3.1%-2.1pp | -1.0%-19.3pp | 18.3% |
| Net Margin | -35.5%-34.5pp | -1.0%+0.1pp | -1.1%-18.2pp | 17.1%+17.3pp | -0.2%+13.3pp | -13.5%-12.2pp | -1.3%-7.1pp | 5.8% |
| Return on Equity | -9.0%-8.8pp | -0.2%+0.0pp | -0.2%-3.6pp | 3.4%+3.5pp | -0.1%+3.7pp | -3.8%-3.4pp | -0.4%-2.1pp | 1.8% |
| Return on Assets | -3.5%-3.4pp | -0.1%+0.0pp | -0.1%-1.7pp | 1.6%+1.6pp | -0.0%+1.3pp | -1.3%-1.2pp | -0.1%-0.6pp | 0.5% |
| Current Ratio | 0.57-0.9 | 1.48+0.7 | 0.81-0.1 | 0.88+0.1 | 0.78-0.2 | 0.95+0.0 | 0.93-0.9 | 1.87 |
| Debt-to-Equity | 1.12+0.0 | 1.07+0.4 | 0.72-0.0 | 0.75-0.4 | 1.10+0.1 | 0.97-0.2 | 1.120.0 | 1.12 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Crescent Energy Company's annual revenue?
Crescent Energy Company (CRGY) reported $3.6B in total revenue for fiscal year 2025. This represents a 22.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Crescent Energy Company's revenue growing?
Crescent Energy Company (CRGY) revenue grew by 22.1% year-over-year, from $2.9B to $3.6B in fiscal year 2025.
Is Crescent Energy Company profitable?
Yes, Crescent Energy Company (CRGY) reported a net income of $132.9M in fiscal year 2025, with a net profit margin of 3.7%.
What is Crescent Energy Company's EBITDA?
Crescent Energy Company (CRGY) had EBITDA of $1.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Crescent Energy Company have?
As of fiscal year 2025, Crescent Energy Company (CRGY) had $10.2M in cash and equivalents against $5.5B in long-term debt.
What is Crescent Energy Company's operating margin?
Crescent Energy Company (CRGY) had an operating margin of 6.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Crescent Energy Company's net profit margin?
Crescent Energy Company (CRGY) had a net profit margin of 3.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Crescent Energy Company's return on equity (ROE)?
Crescent Energy Company (CRGY) has a return on equity of 2.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Crescent Energy Company's operating cash flow?
Crescent Energy Company (CRGY) generated $1.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Crescent Energy Company's total assets?
Crescent Energy Company (CRGY) had $12.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Crescent Energy Company's current ratio?
Crescent Energy Company (CRGY) had a current ratio of 1.48 as of fiscal year 2025, which is considered adequate.
What is Crescent Energy Company's debt-to-equity ratio?
Crescent Energy Company (CRGY) had a debt-to-equity ratio of 1.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Crescent Energy Company's return on assets (ROA)?
Crescent Energy Company (CRGY) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Crescent Energy Company's Altman Z-Score?
Crescent Energy Company (CRGY) has an Altman Z-Score of 0.71, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Crescent Energy Company's Piotroski F-Score?
Crescent Energy Company (CRGY) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Crescent Energy Company's earnings high quality?
Crescent Energy Company (CRGY) has an earnings quality ratio of 12.64x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Crescent Energy Company cover its interest payments?
Crescent Energy Company (CRGY) has an interest coverage ratio of 0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Crescent Energy Company?
Crescent Energy Company (CRGY) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.