COMSTOCK RESOURCES INC

COMSTOCK RESOURCES INCCRKEarnings & Financial Report

NYSE · Energy · Crude Petroleum & Natural Gas

Comstock Resources Inc. is an independent energy company engaged in the exploration, development, production and sale of natural gas, crude oil and natural gas liquids. Its operations are focused on Haynesville and Bossier shale assets in Texas and Louisiana, serving North American energy markets.

CRK Q4 FY2025 Key Financial Metrics

Revenue

$787.3M

Gross Profit

N/A

Operating Profit

$380.0M

Net Profit

$280.9M

Gross Margin

N/A

Operating Margin

48.3%

Net Margin

35.7%

YoY Growth

114.3%

EPS

$0.99

COMSTOCK RESOURCES INC Q4 FY2025 Financial Summary

COMSTOCK RESOURCES INC reported revenue of $787.3M (up 114.3% YoY) for Q4 FY2025, with a net profit of $280.9M (up 583.3% YoY) (35.7% margin).

Key Financial Metrics

Total Revenue$787.3M
Net Profit$280.9M
Gross MarginN/A
Operating Margin48.3%
Report PeriodQ4 FY2025

Revenue Breakdown

COMSTOCK RESOURCES INC Q4 FY2025 revenue of $787.3M breaks down across 2 segments, led by Other at $420.7M (53.4% of total).

SegmentRevenue% of Total
Other$420.7M53.4%
Natural Gas And Oil Sales$366.6M46.6%

COMSTOCK RESOURCES INC Revenue by Segment — Quarterly Trend

COMSTOCK RESOURCES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Natural Gas And Oil Sales) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Other$420.7M
Natural Gas And Oil Sales$366.6M$308.6M$340.0M$413.0M

COMSTOCK RESOURCES INC Annual Revenue by Year

COMSTOCK RESOURCES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.2B).

YearAnnual Revenue
2025$2.2Bvs 2024
2024$1.3Bvs 2023
2023$1.6Bvs 2022
2022$3.6B

COMSTOCK RESOURCES INC Quarterly Revenue & Net Profit History

COMSTOCK RESOURCES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$787.3M+114.3%$280.9M35.7%
Q3 FY2025$449.9M+47.7%$111.1M24.7%
Q2 FY2025$470.3M+90.5%$124.8M26.5%
Q1 FY2025$512.9M+52.7%$-121.3M-23.6%
Q4 FY2024$367.4M-10.5%$-58.1M-15.8%
Q3 FY2024$304.5M-19.2%$-28.9M-9.5%
Q2 FY2024$246.8M-14.4%$-126.3M-51.2%
Q1 FY2024$335.8M-31.4%$-16.3M-4.9%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$335.8M$246.8M$304.5M$367.4M$512.9M$470.3M$449.9M$787.3M
YoY Growth-31.4%-14.4%-19.2%-10.5%52.7%90.5%47.7%114.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$6.32B$6.32B$6.31B$6.38B$6.60B$6.69B$6.84B$7.01B
Liabilities$3.84B$3.96B$3.95B$4.05B$4.32B$4.26B$4.22B$4.04B
Equity$2.45B$2.32B$2.30B$2.24B$2.12B$2.24B$2.36B$2.65B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$171.5M$83.6M$98.2M$267.1M$174.7M$347.6M$153.1M$224.2M