Empire Petroleum Corp (EP) financials
Empire Petroleum revenue and earnings by year
Empire Petroleum's revenue was $34.2 million in the fiscal year to December 31, 2025, down 21.6% from the year before. Net income was -$72.1 million, -210.7% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 84.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 44 | 40 | 53 | 27 | 8 | 6 | 0 |
| Revenue growth | -21.6% | 8.9% | -24.2% | 95.2% | 250.6% | 31.9% | 1158.8% | — |
| Gross profit | 6 | 12 | 8 | 25 | 12 | 3 | 1 | 0 |
| Gross margin | 17.9% | 28.3% | 21.0% | 48.0% | 43.2% | 32.5% | 19.5% | 70.5% |
| Operating income | -71 | -14 | -12 | 9 | -0 | -18 | -6 | -1 |
| Operating margin | -208.5% | -31.3% | -29.0% | 16.6% | -1.7% | -227.5% | -105.0% | -196.8% |
| Net income | -72 | -16 | -12 | 7 | -19 | -17 | -7 | -1 |
| Net margin | -210.7% | -37.1% | -31.1% | 13.4% | -68.7% | -217.9% | -113.6% | -218.5% |
| Diluted EPS | -$2.12 | -$0.54 | -$0.55 | $0.30 | -$1.27 | — | — | — |
| Free cash flow | -9 | -48 | -27 | 5 | -17 | -3 | -7 | -1 |
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 EP in Markets.
See also: EP returns
No forecast, no recommendation. This page describes Empire Petroleum Corp 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.