CoterraCTRAEarnings & Financial Report
Coterra Energy Inc. is an American energy company engaged in hydrocarbon exploration based in Houston, Texas. The company has operations in the Permian Basin, Marcellus Shale, and the Anadarko Basin.
Revenue
$1.3B
Gross Profit
N/A
Operating Profit
$327.0M
Net Profit
$252.0M
Gross Margin
N/A
Operating Margin
25.3%
Net Margin
19.5%
YoY Growth
-4.3%
EPS
$0.34
Coterra Q3 FY2024 Financial Summary
Coterra reported revenue of $1.3B (down 4.3% YoY) for Q3 FY2024, with a net profit of $252.0M (down 22.0% YoY) (19.5% margin).
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $252.0M |
| Gross Margin | N/A |
| Operating Margin | 25.3% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Coterra Q3 FY2024 revenue of $1.3B breaks down across 4 segments, led by Oil And Condensate at $765.0M (59.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Oil And Condensate | $765.0M | 59.1% |
| Natural Gas Production | $320.0M | 24.7% |
| Natural Gas Liquids Reserves | $186.0M | 14.4% |
| Other Revenues | $24.0M | 1.9% |
Coterra Revenue by Segment — Quarterly Trend
Coterra revenue by segment across the last 4 reported quarters, showing how each business line (such as Oil And Condensate and Natural Gas Production) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Oil And Condensate | $941.0M | $984.0M | $888.0M | $886.0M |
| Natural Gas Production | $615.0M | $519.0M | $601.0M | $898.0M |
| Natural Gas Liquids Reserves | $206.0M | $213.0M | $219.0M | — |
| Other Revenues | $28.0M | $39.0M | $25.0M | $26.0M |
Coterra Annual Revenue by Year
Coterra annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.3B |
| 2024 | $5.5B |
| 2023 | $5.7B |
| 2022 | $9.5B |
Coterra Quarterly Revenue & Net Profit History
Coterra results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.8B | +23.8% | $368.0M | 20.6% |
| Q3 FY2025 | $1.8B | +35.5% | $322.0M | 18.3% |
| Q2 FY2025 | $1.7B | +34.7% | $511.0M | 29.5% |
| Q1 FY2025 | $2.0B | +40.7% | $516.0M | 25.6% |
| Q4 FY2024 | $1.4B | -3.3% | $297.0M | 20.5% |
| Q3 FY2024 | $1.3B | -4.3% | $252.0M | 19.5% |
| Q2 FY2024 | $1.3B | +7.5% | $220.0M | 17.1% |
| Q1 FY2024 | $1.4B | -12.6% | $352.0M | 24.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.29B | $1.29B | $1.45B | $2.02B | $1.73B | $1.75B | $1.79B |
| YoY Growth | -12.6% | 7.5% | -4.3% | -3.3% | 40.7% | 34.7% | 35.5% | 23.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $20.95B | $20.76B | $20.13B | $21.63B | $23.95B | $23.98B | $24.01B | $24.24B |
| Liabilities | $7.86B | $7.73B | $7.08B | $8.49B | $9.72B | $9.42B | $9.28B | $9.39B |
| Equity | $13.09B | $13.03B | $13.03B | $13.12B | $14.22B | $14.56B | $14.72B | $14.84B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $856.0M | $558.0M | $755.0M | $626.0M | $1.14B | $936.0M | $971.0M | $970.0M |