Baytex Energy Corp. (BTE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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BTE Revenue Growth
Revenue Breakdown
BTE's revenue distribution by segment and geography
By Geography
BTE Revenue Analysis (2014–2025)
As of May 8, 2026, Baytex Energy Corp. (BTE) generated trailing twelve-month (TTM) revenue of $913.0 million, reflecting significant decline in growth of -264.7% year-over-year. The most recent quarter (Q4 2025) recorded $-1,333,748,767 in revenue, down 278.4% sequentially.
Looking at the longer-term picture, BTE's 5-year compound annual growth rate (CAGR) stands at +12.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $2.71 billion in 2023.
When compared to Energy sector peers including CVE (-16.4% YoY), MEG (+14.2% YoY), and CIVI (-6.6% YoY), BTE has underperformed the peer group in terms of revenue growth. Compare BTE vs CVE →
BTE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BTECurrent | $913M | -264.7% | +12.7% | 15.3% | |
 CVE | $49.7B | -16.4% | +29.0% | 8.8% | |
 MEG | $831M | +14.2% | +20.4% | 1.5% | |
 CIVI | $5.2B | -6.6% | +75.4% | 29.0% | |
 VTLE | $2.0B | +1.9% | +18.5% | -1.2% | |
 SM | $3.2B | +28.5% | +22.9% | 26.1% |
BTE Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.48B | -8.2% | $318.0M | 21.5% | $226.1M | 15.3% |
| 2024 | $1.61B | -40.6% | $427.0M | 26.5% | $356.8M | 22.1% |
| 2023 | $2.71B | +17.7% | $750.7M | 27.7% | $643.2M | 23.7% |
| 2022 | $2.31B | +49.7% | $1.02B | 44.4% | $944.7M | 41.0% |
| 2021 | $1.54B | +89.4% | $580.3M | 37.7% | $528.0M | 34.3% |
| 2020 | $813.6M | -46.7% | $-106,029,147 | -13.0% | $-149,865,019 | -18.4% |
| 2019 | $1.53B | +37.3% | $224.0M | 14.7% | $161.0M | 10.5% |
| 2018 | $1.11B | +27.7% | $106.2M | 9.6% | $41.0M | 3.7% |
| 2017 | $870.5M | +43.6% | $-3,553,203 | -0.4% | $-67,370,865 | -7.7% |
| 2016 | $606.4M | -31.6% | $-198,517,311 | -32.7% | $-263,742,815 | -43.5% |
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Start ComparisonBTE — Frequently Asked Questions
Quick answers to the most common questions about buying BTE stock.
Is BTE's revenue growth accelerating or slowing?
BTE revenue declined -264.7% year-over-year, contrasting with the 5-year CAGR of +12.7%. TTM revenue fell to $913M. This reverses the prior growth trend.
What is BTE's long-term revenue growth rate?
Baytex Energy Corp.'s 5-year revenue CAGR of +12.7% reflects the variable expansion pattern. Current YoY growth of -264.7% is below this long-term average.
How is BTE's revenue distributed by segment?
BTE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.