APA CorporationAPAEarnings & Financial Report
APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.
Revenue
$2.7B
Gross Profit
N/A
Operating Profit
$865.0M
Net Profit
$418.0M
Gross Margin
N/A
Operating Margin
31.9%
Net Margin
15.4%
YoY Growth
26.4%
EPS
$0.96
APA Corporation Q1 FY2025 Financial Summary
APA Corporation reported revenue of $2.7B (up 26.4% YoY) for Q1 FY2025, with a net profit of $418.0M (up 97.2% YoY) (15.4% margin).
Key Financial Metrics
| Total Revenue | $2.7B |
|---|---|
| Net Profit | $418.0M |
| Gross Margin | N/A |
| Operating Margin | 31.9% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
APA Corporation Q1 FY2025 revenue of $2.7B breaks down across 4 segments, led by Oil And Gas Excluding Purchased at $2.0B (75.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Oil And Gas Excluding Purchased | $2.0B | 75.1% |
| Oil And Gas Purchased | $597.0M | 22.0% |
| Oil Reserves | $151.0M | 5.6% |
| Natural Gas Reserves | $24.0M | 0.9% |
APA Corporation Revenue by Segment — Quarterly Trend
APA Corporation revenue by segment across the last 4 reported quarters, showing how each business line (such as Oil And Gas Excluding Purchased and Oil And Gas Purchased) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Oil And Gas Excluding Purchased | — | $1.7B | $1.8B | $1.7B |
| Oil And Gas Purchased | — | $323.0M | $311.0M | $460.0M |
| Oil Reserves | — | $114.0M | $146.0M | $125.0M |
| Natural Gas Reserves | — | $30.0M | $34.0M | $26.0M |
APA Corporation Annual Revenue by Year
APA Corporation annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $9.5B |
| 2024 | $10.6B |
| 2023 | $9.0B |
| 2022 | $12.0B |
APA Corporation Quarterly Revenue & Net Profit History
APA Corporation results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.3B | -11.7% | $446.0M | 19.2% |
| Q4 FY2025 | $2.2B | -24.3% | $331.0M | 15.0% |
| Q3 FY2025 | $2.3B | -16.9% | $205.0M | 9.0% |
| Q2 FY2025 | $2.3B | -18.4% | $603.0M | 26.0% |
| Q1 FY2025 | $2.7B | +26.4% | $418.0M | 15.4% |
| Q4 FY2024 | $2.9B | +25.6% | $425.0M | 14.6% |
| Q3 FY2024 | $2.7B | +8.1% | $-223.0M | -8.1% |
| Q2 FY2024 | $2.8B | +45.6% | $541.0M | 19.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.84B | $2.74B | $2.92B | $2.71B | $2.32B | $2.27B | $2.21B | $2.33B |
| YoY Growth | 45.6% | 8.1% | 25.6% | 26.4% | -18.4% | -16.9% | -24.3% | -11.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $20.20B | $19.38B | $19.39B | $18.53B | $18.08B | $17.70B | $17.76B | $18.1M |
| Liabilities | $14.77B | $14.26B | $14.11B | $13.10B | $12.17B | $11.73B | $11.67B | N/A |
| Equity | $5.42B | $5.11B | $5.28B | $5.44B | $5.91B | $5.96B | $6.09B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $877.0M | $1.34B | $1.04B | $1.10B | $1.18B | $1.46B | $808.0M | $554.0M |