Civitas Resources, Inc. (CIVI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 1.17B | 1.05B | 1.19B | 1.29B | 1.27B | 1.31B | 1.33B | 1.13B | 1.04B | 660.53M | 656.02M | 814.27M | 1.01B | 1.15B | 817.81M | 510.46M | 189.96M | 156.03M | 74.16M | 62.63M |
| Revenue Growth % | -8.13% | -19.6% | -10.24% | 14.64% | 22.73% | 98.48% | 102.43% | 38.38% | 2.77% | -42.63% | -19.78% | 59.52% | 430.6% | 637.89% | 1002.78% | 714.97% | 222.75% | 331.13% | 22.77% | -21.38% |
| Cost of Goods Sold | 340M | 754M | 720M | 826.78M | 778.33M | 754M | 701M | 617.11M | 267.3M | 181.87M | 175.61M | 201.14M | 223.79M | 214.74M | 155.44M | 103.06M | 38.03M | 39.14M | 19.21M | 39.78M |
| COGS % of Revenue | 29.11% | 71.54% | 60.4% | 64% | 61.22% | 57.51% | 52.79% | 54.77% | 25.8% | 27.53% | 26.77% | 24.7% | 22.2% | 18.65% | 19.01% | 20.19% | 20.02% | 25.08% | 25.9% | 63.51% |
| Gross Profit | 828M | 300M | 472M | 464.96M | 493.05M | 557M | 627M | 509.66M | 768.62M | 478.66M | 480.41M | 613.13M | 784.16M | 936.63M | 662.37M | 407.4M | 151.93M | 116.9M | 54.95M | 22.86M |
| Gross Margin % | 70.89% | 28.46% | 39.6% | 36% | 38.78% | 42.49% | 47.21% | 45.23% | 74.2% | 72.47% | 73.23% | 75.3% | 77.8% | 81.35% | 80.99% | 79.81% | 79.98% | 74.92% | 74.1% | 36.49% |
| Gross Profit Growth % | 67.94% | -46.14% | -24.72% | -8.77% | -35.85% | 16.37% | 30.51% | -16.88% | -1.98% | -48.9% | -27.47% | 50.5% | 416.13% | 701.24% | 1105.36% | 1682.3% | 193.41% | 488.78% | 30.72% | -60.87% |
| Operating Expenses | 50M | 55M | 62M | 436.27M | 59.03M | 60M | 75M | 146.19M | 36.58M | 34.09M | 37.43M | 35.13M | 36.16M | 27.77M | 33.36M | 33.96M | 13.37M | 14.4M | 9.35M | 9.14M |
| OpEx % of Revenue | 4.28% | 5.22% | 5.2% | 33.77% | 4.64% | 4.58% | 5.65% | 12.97% | 3.53% | 5.16% | 5.71% | 4.31% | 3.59% | 2.41% | 4.08% | 6.65% | 7.04% | 9.23% | 12.6% | 14.59% |
| Selling, General & Admin | 50M | 53M | 57M | 53.22M | 56.73M | 59M | 58M | 54.52M | 36.58M | 34.09M | 37.43M | 35.13M | 36.16M | 27.77M | 33.36M | 33.96M | 13.37M | 14.4M | 9.35M | 9.09M |
| SG&A % of Revenue | 4.28% | 5.03% | 4.78% | 4.12% | 4.46% | 4.5% | 4.37% | 4.84% | 3.53% | 5.16% | 5.71% | 4.31% | 3.59% | 2.41% | 4.08% | 6.65% | 7.04% | 9.23% | 12.6% | 14.51% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 778M | 245M | 410M | 28.7M | 434.01M | 497M | 552M | 363.47M | 732.03M | 444.57M | 442.98M | 578M | 748M | 908.86M | 629.01M | 373.44M | 138.56M | 102.5M | 45.6M | -4.61M |
| Operating Margin % | 66.61% | 23.24% | 34.4% | 2.22% | 34.14% | 37.91% | 41.57% | 32.26% | 70.67% | 67.31% | 67.53% | 70.98% | 74.21% | 78.94% | 76.91% | 73.16% | 72.94% | 65.69% | 61.5% | -7.36% |
| Operating Income Growth % | 79.26% | -50.7% | -25.72% | -92.11% | -40.71% | 11.79% | 24.61% | -37.12% | -2.13% | -51.08% | -29.58% | 54.78% | 439.83% | 786.69% | 1279.26% | 8204.19% | 216.93% | 744.25% | 42.19% | -109.44% |
| EBITDA | 1.27B | 746M | 855M | 573.26M | 957.87M | 1.02B | 1.02B | 780.11M | 1.05B | 677.36M | 644.28M | 793M | 960.07M | 1.11B | 831.85M | 565.98M | 174.17M | 139.72M | 64.43M | 19.33M |
| EBITDA Margin % | 109.16% | 70.78% | 71.73% | 44.38% | 75.34% | 77.65% | 76.73% | 69.23% | 101.6% | 102.55% | 98.21% | 97.39% | 95.25% | 96.7% | 101.72% | 110.88% | 91.69% | 89.54% | 86.88% | 30.86% |
| EBITDA Growth % | 33.11% | -26.72% | -16.09% | -26.51% | -8.99% | 50.29% | 58.16% | -1.63% | 9.63% | -39.16% | -22.55% | 40.11% | 451.23% | 696.86% | 1191.12% | 2828.31% | 158.44% | 302.27% | -23.03% | -75.65% |
| D&A (Non-Cash Add-back) | 497M | 501M | 445M | 544.57M | 523.86M | 521M | 467M | 416.63M | 320.47M | 232.79M | 201.3M | 215M | 212.07M | 204.52M | 202.84M | 192.54M | 35.6M | 37.22M | 18.82M | 23.94M |
| EBIT | 354M | 271M | 350M | 296.85M | 492.13M | 398M | 310M | 462.91M | 256.99M | 215.52M | 266.7M | 384.02M | 545.22M | 631.69M | 130.68M | 254M | 66.74M | -8.69M | 3.36M | -11.66M |
| Net Interest Income | -120M | -114M | -107M | -113.86M | -115.11M | -112.25M | -109.79M | -84.9M | -76.47M | -8.75M | -1.23M | -7.55M | -7.47M | -8.12M | -9.07M | -3.02M | -3.02M | -3.24M | -419K | -488K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 2.65M | 0 | 5.17M | 0 | 0 | 6.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 120M | 114M | 107M | 113.86M | 115.11M | 114.9M | 109.79M | 90.07M | 76.47M | 8.75M | 7.45M | 7.55M | 7.47M | 8.12M | 9.07M | 3.02M | 3.02M | 3.24M | 419K | 488K |
| Other Income/Expense | -544M | -83M | -163M | 171.06M | -44.9M | -214M | -341M | 15.42M | -562.68M | -260.92M | -175.43M | -202.6M | -205.91M | -287.57M | -514.01M | -142.04M | -82.31M | -117.43M | -45.68M | -19.24M |
| Pretax Income | 234M | 162M | 247M | 199.76M | 389.11M | 283M | 211M | 378.9M | 169.36M | 183.65M | 267.55M | 375.4M | 542.09M | 621.28M | 115M | 231.4M | 56.26M | -14.93M | -75K | -4.61M |
| Pretax Margin % | 20.03% | 15.37% | 20.72% | 15.46% | 30.61% | 21.59% | 15.89% | 33.63% | 16.35% | 27.8% | 40.78% | 46.1% | 53.78% | 53.96% | 14.06% | 45.33% | 29.61% | -9.57% | -0.1% | -7.36% |
| Income Tax | 57M | 38M | 61M | 48.65M | 93.31M | 67M | 35M | 76.03M | 29.69M | 44.36M | 65.09M | 93.53M | 136.34M | 152.46M | 23.36M | 67.7M | 15.6M | 10.39M | 44K | -65.24M |
| Effective Tax Rate % | 24.36% | 23.46% | 24.7% | 24.35% | 23.98% | 23.67% | 16.59% | 20.07% | 17.53% | 24.16% | 24.33% | 24.92% | 25.15% | 24.54% | 20.31% | 29.26% | 27.72% | -69.62% | -58.66% | 1415.71% |
| Net Income | 177M | 124M | 186M | 151.11M | 295.8M | 216M | 176M | 302.87M | 139.67M | 139.29M | 202.46M | 281.87M | 405.75M | 468.82M | 91.64M | 163.7M | 40.66M | -25.32M | -119K | 60.63M |
| Net Margin % | 15.15% | 11.76% | 15.6% | 11.7% | 23.27% | 16.48% | 13.25% | 26.88% | 13.48% | 21.09% | 30.86% | 34.62% | 40.26% | 40.72% | 11.21% | 32.07% | 21.4% | -16.23% | -0.16% | 96.8% |
| Net Income Growth % | -40.16% | -42.59% | 5.68% | -50.11% | 111.78% | 55.08% | -13.07% | 7.45% | -65.58% | -70.29% | 120.93% | 72.19% | 897.94% | 1951.66% | 77107.56% | 170.01% | 1150.66% | 34.92% | -100.15% | 2223.57% |
| Net Income (Continuing) | 177M | 124M | 186M | 151.11M | 295.8M | 216M | 176M | 302.87M | 139.67M | 139.29M | 202.46M | 281.87M | 405.75M | 468.82M | 91.64M | 163.7M | 40.66M | -25.32M | -119K | 60.63M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.99 | 1.34 | 1.99 | 1.57 | 3.01 | 2.15 | 1.74 | 3.20 | 1.56 | 1.72 | 2.46 | 3.29 | 4.74 | 5.48 | 1.07 | 2.46 | 1.31 | -0.83 | -0.01 | 2.88 |
| EPS Growth % | -33.89% | -37.67% | 14.37% | -50.94% | 92.95% | 25% | -29.27% | -2.74% | -67.09% | -68.61% | 129.91% | 33.74% | 261.83% | 760.24% | - | -14.58% | 718.75% | 55.62% | -100.15% | 2157.14% |
| EPS (Basic) | 1.99 | 1.34 | 1.99 | 1.57 | 3.02 | 2.17 | 1.75 | 3.23 | 1.57 | 1.73 | 2.48 | 3.31 | 4.77 | 5.52 | 1.08 | 2.49 | 1.32 | -0.83 | -0.01 | 2.91 |
| Diluted Shares Outstanding | 88.96M | 92.67M | 93.62M | 96.39M | 98.22M | 100.25M | 101.29M | 94.52M | 89.63M | 81.14M | 82.43M | 85.75M | 85.55M | 85.55M | 85.33M | 66.58M | 31.14M | 30.66M | 20.84M | 21.02M |
| Basic Shares Outstanding | 88.86M | 92.59M | 93.47M | 96.25M | 97.91M | 99.43M | 100.55M | 93.77M | 88.91M | 80.39M | 81.72M | 85.11M | 85.07M | 84.99M | 84.84M | 66.54M | 31.04M | 30.5M | 11.9M | 21.01M |
| Dividend Payout Ratio | 24.86% | 37.9% | 26.88% | 31.52% | 50.32% | 68.98% | 84.09% | 49.29% | 117.06% | 125.03% | 85.63% | 59.01% | 37.17% | 24.78% | 113.05% | 23.94% | 26.58% | - | - | - |