Highpeak Energy Inc (HPK) financials
Highpeak Energy revenue and earnings by year
Highpeak Energy's revenue was $863 million in the fiscal year to December 31, 2025, down 22.7% from the year before. Net income was $19.0 million, 2.2% of revenue. Since the fiscal year to December 31, 2020, revenue has grown 121.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 6 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
| Revenue | 0.86 | 1.12 | 1.13 | 0.76 | 0.22 | 0.02 |
| Revenue growth | -22.7% | -1.2% | 49.7% | 243.3% | 1242.2% | — |
| Gross profit | 0.62 | 0.88 | 0.91 | 0.65 | 0.18 | 0.01 |
| Gross margin | 71.6% | 78.5% | 80.2% | 85.7% | 83.7% | 78.4% |
| Operating income | 0.15 | 0.34 | 0.43 | 0.42 | 0.10 | -0.02 |
| Operating margin | 17.4% | 30.2% | 37.7% | 55.9% | 46.2% | -125.9% |
| Net income | 0.02 | 0.10 | 0.22 | 0.24 | 0.06 | -0.02 |
| Net margin | 2.2% | 8.5% | 19.1% | 31.3% | 25.2% | -100.2% |
| Diluted EPS | $0.14 | $0.67 | $1.58 | $1.93 | $0.54 | — |
| Free cash flow | -0.00 | 0.07 | -0.37 | -0.68 | -0.10 | -0.07 |
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 HPK in Markets.
How Highpeak Energy makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Crude Oil Sales | $260M | 95.6% |
| Natural Gas & NGL Sales | $12.1M | 4.4% |
See also: HPK valuation and P/E history · HPK returns
No forecast, no recommendation. This page describes Highpeak Energy Inc 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.