Crescent Energy CoCRGYEarnings & Financial Report
Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI). As of 2023, Crescent Petroleum and the Iraqi Ministry of Oil have signed three twenty-year contracts as the company focus it efforts in aiding the redevelopment of Iraq.
CRGY Q3 2025 Key Financial Metrics
Revenue
$866.6M
Gross Profit
N/A
Operating Profit
$30.8M
Net Profit
$-9.5M
Gross Margin
N/A
Operating Margin
3.6%
Net Margin
-1.1%
YoY Growth
16.3%
Financial Flow
Crescent Energy Co Q3 2025 Financial Summary
Crescent Energy Co reported revenue of $866.6M for Q3 2025, with a net profit of $-9.5M (-1.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $866.6M |
|---|---|
| Net Profit | $-9.5M |
| Gross Margin | N/A |
| Operating Margin | 3.6% |
| Report Period | Q3 2025 |
Crescent Energy Co Annual Revenue by Year
Crescent Energy Co annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.9B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.9B |
| 2023 | $2.4B |
| 2022 | $3.1B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $657.7M | $657.5M | $653.3M | $744.9M | $875.3M | $950.2M | $898.0M | $866.6M |
| YoY Growth | -3.9% | 11.4% | 32.7% | 16.0% | 33.1% | 44.5% | 37.5% | 16.3% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.80B | $6.80B | $7.48B | $9.25B | $9.16B | $9.87B | $9.86B | $9.69B |
| Liabilities | $3.17B | $3.25B | $3.89B | $5.05B | $4.79B | $5.44B | $5.36B | $5.22B |
| Equity | $1.73B | $2.00B | $2.14B | $2.88B | $3.14B | $3.27B | $4.50B | $4.48B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $322.9M | $183.8M | $286.9M | $368.0M | $384.4M | $337.1M | $499.0M | $473.1M |
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