Kosmos Energy Ltd Financials

KOS

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Kosmos Energy Ltd (KOS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).

Financial Health Signals

Financial Profile 31/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Kosmos Energy Ltd's revenue declined 1.5% year-over-year, from $1.7B to $1.7B. This contraction results in a growth score of 24/100.

Leverage

Kosmos Energy Ltd has elevated debt relative to equity (D/E of 2.29), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 26/100, reflecting increased financial risk.

Liquidity

Kosmos Energy Ltd's current ratio of 0.75 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 10/100, which could limit financial flexibility.

Returns

Kosmos Energy Ltd's ROE of 15.8% shows moderate profitability relative to equity, earning a score of 63/100. This is down from 20.7% the prior year.

Piotroski F-Score Weak

3/9

Kosmos Energy Ltd passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.57x

For every $1 of reported earnings, Kosmos Energy Ltd generates $3.57 in operating cash flow ($678.2M OCF vs $189.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$1.7B

YoY-1.5%

5Y CAGR+2.2%

10Y CAGR+6.6%

Kosmos Energy Ltd generated $1.7B in revenue in fiscal year 2024. This represents a decrease of 1.5% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$189.9M

YoY-11.1%

10Y CAGR-3.8%

Kosmos Energy Ltd reported $189.9M in net income in fiscal year 2024. This represents a decrease of 11.1% from the prior year.

EPS (Diluted)

$0.40

YoY-9.1%

10Y CAGR-5.7%

Kosmos Energy Ltd earned $0.40 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 9.1% from the prior year.

Cash & Debt

$85.0M

YoY-10.9%

5Y CAGR-17.7%

10Y CAGR-17.1%

Kosmos Energy Ltd held $85.0M in cash against $2.7B in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

11.3%

YoY-1.2pp

5Y CAGR+15.0pp

10Y CAGR-20.3pp

Kosmos Energy Ltd's net profit margin was 11.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.2 percentage points from the prior year.

Return on Equity

15.8%

YoY-4.9pp

10Y CAGR-5.0pp

Kosmos Energy Ltd's ROE was 15.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.9 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

KOS Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$1.7B-1.5%	$1.7B-24.2%	$2.2B+68.6%	$1.3B+65.7%	$804.0M-46.4%	$1.5B
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$100.2M+0.6%	$99.5M-1.3%	$100.9M+10.2%	$91.5M+26.9%	$72.1M-34.4%	$110.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$160.0M+1.1%	$158.2M+43.2%	$110.5M+220.7%	$34.5M+761.5%	-$5.2M-106.4%	$80.9M
Net Income	$189.9M-11.1%	$213.5M-5.8%	$226.6M+391.1%	-$77.8M+81.1%	-$411.6M-637.9%	-$55.8M
EPS (Diluted)	$0.40-9.1%	$0.44-8.3%	$0.48+352.6%	$-0.19+81.4%	$-1.02-628.6%	$-0.14

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$311.0M-20.8%	$392.6M+35.3%	$290.1M-27.0%	$397.6M-2.5%	$407.8M-9.6%	$450.9M+7.6%	$419.1M-17.5%	$507.8M
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	$12.9M-32.4%	$19.1M-27.4%	$26.3M+12.1%	$23.4M+0.6%	$23.3M-7.4%	$25.2M-11.0%	$28.3M+29.7%	$21.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$9.8M+28.9%	$7.6M+117.5%	$3.5M-61.1%	$9.0M+2.7%	$8.8M-12.3%	$10.0M+11.4%	$9.0M	N/A
Income Tax	$17.8M-25.7%	$24.0M+44.7%	$16.6M+160.8%	-$27.3M-144.3%	$61.6M-18.3%	$75.4M+49.9%	$50.3M+155.3%	$19.7M
Net Income	-$124.3M-41.7%	-$87.7M+20.7%	-$110.6M-1581.2%	-$6.6M-114.6%	$45.0M-24.8%	$59.8M-34.8%	$91.7M+322.9%	$21.7M
EPS (Diluted)	$-0.26-44.4%	$-0.18+21.7%	$-0.23	$0.00-100.0%	$0.09-25.0%	$0.12-36.8%	$0.19+375.0%	$0.04

KOS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$5.3B+7.5%	$4.9B+7.8%	$4.6B-7.3%	$4.9B+27.7%	$3.9B-10.4%	$4.3B
Current Assets	$446.1M+5.5%	$422.7M-9.8%	$468.7M-13.5%	$542.0M+35.4%	$400.3M-29.3%	$566.6M
Cash & Equivalents	$85.0M-10.9%	$95.3M-48.0%	$183.4M+39.3%	$131.6M-11.7%	$149.0M-33.6%	$224.5M
Inventory	$170.9M+12.4%	$152.1M+13.9%	$133.5M-19.2%	$165.2M+28.1%	$129.0M+12.7%	$114.4M
Accounts Receivable	N/A	N/A	$67.5M-49.6%	$134.0M+201.2%	$44.5M-30.6%	$64.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.1B+5.2%	$3.9B+3.0%	$3.8B-14.0%	$4.4B+28.7%	$3.4B-1.4%	$3.5B
Current Liabilities	$594.9M+7.2%	$554.8M-3.4%	$574.3M+8.2%	$531.0M+15.4%	$460.2M-14.6%	$539.1M
Long-Term Debt	$2.7B+14.8%	$2.4B+8.9%	$2.2B-15.2%	$2.6B+23.1%	$2.1B+4.8%	$2.0B
Total Equity	$1.2B+16.3%	$1.0B+31.0%	$787.8M+48.9%	$529.2M+20.2%	$440.2M-47.7%	$841.7M
Retained Earnings	-$1.1B+14.9%	-$1.3B+14.4%	-$1.5B+13.2%	-$1.7B-4.8%	-$1.6B-33.7%	-$1.2B

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$5.1B-2.4%	$5.2B-1.1%	$5.3B-0.7%	$5.3B-3.0%	$5.5B+1.5%	$5.4B+0.7%	$5.4B+8.3%	$4.9B
Current Assets	$365.6M+0.6%	$363.4M-12.9%	$417.1M-6.5%	$446.1M+5.9%	$421.1M-11.8%	$477.6M-20.8%	$602.9M+42.6%	$422.7M
Cash & Equivalents	$64.0M+23.9%	$51.7M+3.8%	$49.8M-41.4%	$85.0M+64.7%	$51.6M-70.3%	$173.8M-31.7%	$254.3M+166.7%	$95.3M
Inventory	$164.4M+0.7%	$163.2M-16.8%	$196.1M+14.8%	$170.9M+10.3%	$154.9M+3.6%	$149.5M-15.2%	$176.2M+15.9%	$152.1M
Accounts Receivable	$41.8M-64.0%	$116.0M	N/A	$64.1M+17.5%	$54.6M-34.7%	$83.7M-19.2%	$103.6M	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.2B-0.1%	$4.2B+0.6%	$4.2B+1.5%	$4.1B-3.9%	$4.3B+0.6%	$4.2B-0.7%	$4.3B+9.5%	$3.9B
Current Liabilities	$705.4M-12.8%	$809.3M+47.9%	$547.3M-8.0%	$594.9M+5.6%	$563.2M-14.0%	$654.9M-1.6%	$665.4M+19.9%	$554.8M
Long-Term Debt	$2.7B+4.9%	$2.6B-8.7%	$2.8B+3.7%	$2.7B+2.0%	$2.7B+3.7%	$2.6B-2.3%	$2.7B+11.0%	$2.4B
Total Equity	$898.8M-11.7%	$1.0B-7.3%	$1.1B-8.5%	$1.2B+0.3%	$1.2B+4.8%	$1.1B+6.6%	$1.1B+3.8%	$1.0B
Retained Earnings	-$1.4B-9.7%	-$1.3B-7.4%	-$1.2B-10.2%	-$1.1B-0.6%	-$1.1B+4.0%	-$1.1B+5.1%	-$1.2B+7.2%	-$1.3B

KOS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$678.2M-11.4%	$765.2M-32.3%	$1.1B+202.0%	$374.3M+90.9%	$196.1M-68.8%	$628.1M
Capital Expenditures	N/A	N/A	$611.6M-33.8%	$924.2M+237.3%	$274.0M-37.8%	$440.7M
Free Cash Flow	N/A	N/A	$518.9M+194.4%	-$549.9M-606.5%	-$77.8M-141.5%	$187.4M
Investing Cash Flow	-$966.1M+2.9%	-$994.9M-41.3%	-$703.9M+27.7%	-$973.4M-181.7%	-$345.6M+5.0%	-$363.9M
Financing Cash Flow	$274.3M+93.7%	$141.6M+134.2%	-$414.7M-166.4%	$624.2M+793.5%	$69.9M+131.7%	-$220.5M
Dividends Paid	$0-100.0%	$166K-74.7%	$655K+27.9%	$512K-97.3%	$19.3M-73.5%	$72.6M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$27.6M-121.7%	$127.2M+14420.7%	-$888K-100.5%	$175.7M+2697.6%	$6.3M-97.2%	$223.7M-17.9%	$272.6M-7.2%	$293.8M
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	-$71.4M+43.0%	-$125.3M+6.7%	-$134.3M+29.8%	-$191.2M+12.8%	-$219.2M+8.0%	-$238.2M+24.9%	-$317.4M+5.6%	-$336.3M
Financing Cash Flow	$125.0M+12500100.0%	-$1K-100.0%	$100.0M+104.6%	$48.9M-46.1%	$90.7M+231.0%	-$69.2M-133.9%	$203.9M+23568.2%	-$869K
Dividends Paid	N/A	N/A	N/A	$0	$0	$0	$0	$0
Share Buybacks	$127K-98.8%	$10.9M+15208.5%	$71K+121.9%	$32K+14.3%	$28K-99.8%	$13.0M+15703.7%	$82K+5.1%	$78K

KOS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	11.3%-1.2pp	12.6%+2.5pp	10.1%+15.9pp	-5.8%+45.4pp	-51.2%-47.5pp	-3.7%
Return on Equity	15.8%-4.9pp	20.7%-8.1pp	28.8%	N/A	N/A	N/A
Return on Assets	3.6%-0.7pp	4.3%-0.6pp	5.0%+6.5pp	-1.6%+9.1pp	-10.6%-9.3pp	-1.3%
Current Ratio	0.75-0.0	0.76-0.1	0.82-0.2	1.02+0.2	0.87-0.2	1.05
Debt-to-Equity	2.29-0.0	2.32-0.5	2.79-2.1	4.89+0.1	4.78+2.4	2.39
FCF Margin	N/A	N/A	23.1%+64.4pp	-41.3%-31.6pp	-9.7%-22.2pp	12.5%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-40.0%-17.6pp	-22.4%+15.8pp	-38.1%-36.5pp	-1.7%-12.7pp	11.0%-2.2pp	13.3%-8.6pp	21.9%+17.6pp	4.3%
Return on Equity	1.6%-3.3pp	4.9%-2.0pp	6.9%+6.5pp	0.4%-3.3pp	3.8%-1.5pp	5.2%-3.3pp	8.6%+6.5pp	2.1%
Return on Assets	-2.4%-0.8pp	-1.7%+0.4pp	-2.1%-2.0pp	-0.1%-0.9pp	0.8%-0.3pp	1.1%-0.6pp	1.7%+1.3pp	0.4%
Current Ratio	0.52+0.1	0.45-0.3	0.76+0.0	0.750.0	0.75+0.0	0.73-0.2	0.91+0.1	0.76
Debt-to-Equity	3.04+0.5	2.56-0.0	2.59+0.3	2.29+0.0	2.25-0.0	2.27-0.2	2.48+0.2	2.32
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.75), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Kosmos Energy Ltd's annual revenue?

Kosmos Energy Ltd (KOS) reported $1.7B in total revenue for fiscal year 2024. This represents a -1.5% 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 Kosmos Energy Ltd's revenue growing?

Kosmos Energy Ltd (KOS) revenue declined by 1.5% year-over-year, from $1.7B to $1.7B in fiscal year 2024.

Is Kosmos Energy Ltd profitable?

Yes, Kosmos Energy Ltd (KOS) reported a net income of $189.9M in fiscal year 2024, with a net profit margin of 11.3%.

What is Kosmos Energy Ltd's earnings per share (EPS)?

Kosmos Energy Ltd (KOS) reported diluted earnings per share of $0.40 for fiscal year 2024. This represents a -9.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Kosmos Energy Ltd have?

As of fiscal year 2024, Kosmos Energy Ltd (KOS) had $85.0M in cash and equivalents against $2.7B in long-term debt.

What is Kosmos Energy Ltd's net profit margin?

Kosmos Energy Ltd (KOS) had a net profit margin of 11.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Kosmos Energy Ltd's return on equity (ROE)?

Kosmos Energy Ltd (KOS) has a return on equity of 15.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Kosmos Energy Ltd's operating cash flow?

Kosmos Energy Ltd (KOS) generated $678.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Kosmos Energy Ltd's total assets?

Kosmos Energy Ltd (KOS) had $5.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What is Kosmos Energy Ltd's current ratio?

Kosmos Energy Ltd (KOS) had a current ratio of 0.75 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Kosmos Energy Ltd's debt-to-equity ratio?

Kosmos Energy Ltd (KOS) had a debt-to-equity ratio of 2.29 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Kosmos Energy Ltd's return on assets (ROA)?

Kosmos Energy Ltd (KOS) had a return on assets of 3.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Kosmos Energy Ltd's Piotroski F-Score?

Kosmos Energy Ltd (KOS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Kosmos Energy Ltd's earnings high quality?

Kosmos Energy Ltd (KOS) has an earnings quality ratio of 3.57x, 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.

How financially healthy is Kosmos Energy Ltd?

Kosmos Energy Ltd (KOS) scores 31 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.