APA Corporation (APA) financials
APA revenue and earnings by year
APA's revenue was $9.22 billion in the fiscal year to December 31, 2025, down 5.3% from the year before. Net income was $1.43 billion, 15.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.2 | 9.7 | 8.2 | 12.1 | 7.9 | 4.3 | 6.6 | 7.8 | 5.9 | 5.4 |
| Revenue growth | -5.3% | 18.9% | -32.5% | 53.0% | 84.0% | -34.3% | -15.6% | 31.9% | 9.7% | — |
| Gross profit | 3.6 | 3.7 | 3.7 | 6.7 | 3.1 | 0.4 | 1.0 | 2.5 | 1.3 | 0.5 |
| Gross margin | 38.6% | 38.2% | 45.6% | 55.5% | 39.4% | 8.8% | 14.7% | 32.4% | 22.6% | 8.5% |
| Operating income | 2.9 | 1.9 | 3.2 | 6.1 | 2.4 | -4.6 | -2.5 | 1.4 | 0.8 | -1.3 |
| Operating margin | 31.5% | 19.5% | 39.0% | 50.4% | 30.3% | -106.2% | -38.9% | 18.5% | 13.2% | -23.3% |
| Net income | 1.4 | 0.8 | 2.9 | 3.6 | 1.1 | -4.8 | -3.5 | 0.0 | 1.3 | -1.4 |
| Net margin | 15.6% | 8.3% | 34.9% | 29.7% | 14.3% | -111.0% | -53.6% | 0.5% | 22.2% | -26.2% |
| Diluted EPS | $3.99 | $2.27 | $9.25 | $11.02 | $2.59 | -$12.86 | -$9.43 | $0.12 | $3.41 | -$3.72 |
| Free cash flow | 1.8 | 0.7 | 0.8 | 2.5 | 2.4 | 0.1 | -0.1 | -0.1 | 0.4 | 0.6 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open APA in Markets.
See also: APA valuation and P/E history · APA returns
No forecast, no recommendation. This page describes APA Corporation from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.