California Resources Corporation (CRC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
CRC Revenue Growth
Revenue Breakdown (FY 2025)
CRC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
CRC Revenue Analysis (2014–2025)
As of May 7, 2026, California Resources Corporation (CRC) generated trailing twelve-month (TTM) revenue of $3.48 billion, reflecting moderate decline in growth of -5.9% year-over-year. The most recent quarter (Q4 2025) recorded $871.0 million in revenue, down 0.8% sequentially.
Looking at the longer-term picture, CRC's 5-year compound annual growth rate (CAGR) stands at +17.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $4.18 billion in 2014.
Revenue diversification analysis shows CRC's business is primarily driven by Natural Gas, Production (61%), Oil and Condensate (36%), and Propane (3%). With over half of revenue concentrated in Natural Gas, Production, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CIVI (-6.6% YoY), SM (+18.1% YoY), and MTDR (-9.2% YoY), CRC has underperformed the peer group in terms of revenue growth. Compare CRC vs CIVI →
CRC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRCCurrent | $3.5B | -5.9% | +17.5% | 23.6% | |
 CIVI | $5.2B | -6.6% | +75.4% | 29.0% | |
 SM | $3.2B | +18.1% | +22.9% | 26.1% | |
 MTDR | $3.7B | -9.2% | +33.7% | 32.5% | |
 CRGY | $3.6B | +18.3% | +36.5% | 13.2% | |
 BATL | $165M | -14.9% | +2.2% | -4.0% |
CRC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.60B | +21.9% | $1.43B | 39.6% | $852.0M | 23.6% |
| 2024 | $2.96B | +5.1% | $1.20B | 40.6% | $651.0M | 22.0% |
| 2023 | $2.81B | -13.7% | $1.33B | 47.1% | $894.0M | 31.8% |
| 2022 | $3.26B | +27.0% | $1.74B | 53.3% | $1.35B | 41.6% |
| 2021 | $2.56B | +59.4% | $1.25B | 48.6% | $902.0M | 35.2% |
| 2020 | $1.61B | -40.3% | $403.0M | 25.0% | $7.0M | 0.4% |
| 2019 | $2.69B | -12.1% | $1.26B | 46.9% | $851.0M | 31.6% |
| 2018 | $3.06B | +46.1% | $1.59B | 51.8% | $1.14B | 37.2% |
| 2017 | $2.10B | +19.6% | $629.0M | 30.0% | $73.0M | 3.5% |
| 2016 | $1.75B | -25.4% | $371.0M | 21.2% | $-14,000,000 | -0.8% |
See CRC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CRC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CRC vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonCRC — Frequently Asked Questions
Quick answers to the most common questions about buying CRC stock.
Is CRC's revenue growth accelerating or slowing?
CRC revenue declined -5.9% year-over-year, contrasting with the 5-year CAGR of +17.5%. TTM revenue fell to $3.5B. This reverses the prior growth trend.
What is CRC's long-term revenue growth rate?
California Resources Corporation's 5-year revenue CAGR of +17.5% reflects the variable expansion pattern. Current YoY growth of -5.9% is below this long-term average.
How is CRC's revenue distributed by segment?
CRC 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.