California Resources Corporation (CRC) Revenue History
Annual and quarterly revenue from 2012 to present
CRC Revenue Over Time (2012–2025)
CRC Revenue Growth History
7 of 13 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- +5.1%
- FY2014 revenue growth
- -2.5%
- FY2015 revenue growth
- -43.7%
- FY2016 revenue growth
- -25.4%
- FY2017 revenue growth
- +19.6%
- FY2018 revenue growth
- +46.1%
- FY2019 revenue growth
- -12.1%
- FY2020 revenue growth
- -40.3%
- FY2021 revenue growth
- +59.4%
- FY2022 revenue growth
- +27.0%
- FY2023 revenue growth
- -13.7%
- FY2024 revenue growth
- +5.1%
- FY2025 revenue growth
- +21.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $967.0M | +6.7% |
| Q4 2025 | $871.0M | -5.9% |
| Q3 2025 | $878.0M | -11.9% |
| Q2 2025 | $821.0M | +61.3% |
| Q1 2025 | $906.0M | +72.6% |
| Q4 2024 | $926.0M | +52.6% |
| Q3 2024 | $997.0M | +50.2% |
| Q2 2024 | $509.0M | -9.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
CRC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
CRC Revenue Analysis (2012–2025)
Current Revenue & Growth
As of June 21, 2026, California Resources Corporation (CRC) generated trailing twelve-month (TTM) revenue of $3.54 billion, reflecting solid growth of +6.7% year-over-year. The most recent quarter (Q1 2026) recorded $967.0 million in revenue, up 11.0% sequentially.
Historical Growth Trajectory
CRC's 5-year compound annual growth rate (CAGR) stands at +17.5%, indicating consistent double-digit revenue growth. The 3-year CAGR of +3.4% is below the 5-year average, signalling a growth deceleration in recent years. California Resources Corporation's highest annual revenue of $4.28 billion was recorded in 2013.
Revenue by Segment
CRC's revenue 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 has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Energy sector peers — including CIVI (-6.6% YoY), SM (+28.5% YoY), and MTDR (-9.2% YoY) — CRC has outperformed the peer group in 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 | +6.7% | +17.5% | 23.6% | |
 CIVI | $5.2B | -6.6% | +75.4% | 29.0% | |
 SM | $3.2B | +28.5% | +22.9% | 26.1% | |
 MTDR | $3.7B | -9.2% | +33.7% | 32.5% | |
 CRGY | $3.6B | +18.3% | +36.5% | 13.2% | |
 BATL | $165M | -17.7% | +2.2% | -4.0% |
CRC Historical Revenue Data (2012–2025)
| 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% |
| 2015 | $2.35B | -43.7% | $360.0M | 15.3% | $-174,000,000 | -7.4% |
| 2014 | $4.18B | -2.5% | $1.82B | 43.5% | $1.32B | 31.6% |
| 2013 | $4.28B | +5.1% | $1.96B | 45.7% | $1.45B | 33.7% |
| 2012 | $4.07B | - | $1.69B | 41.4% | $1.22B | 30.0% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CRC — Frequently Asked Questions
Quick answers to the most common questions about buying CRC stock.
Is CRC's revenue growth accelerating or slowing?
CRC revenue growth is holding steady at +6.7% year-over-year. TTM revenue is $3.5B. The current growth rate closely tracks the 5-year CAGR of +17.5%, signalling consistent execution.
What is CRC's revenue history from 2012 to 2026?
California Resources Corporation (CRC) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $3.5B, growing at +6.7% YoY. The 5-year CAGR is +17.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CRC's long-term revenue growth rate (CAGR)?
California Resources Corporation's 5-year revenue CAGR of +17.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +6.7% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CRC.
Why does CRC's quarterly revenue fluctuate?
CRC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. California Resources Corporation's revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is CRC's revenue distributed by segment?
CRC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CRC's revenue compare to industry peers?
California Resources Corporation (CRC) with TTM revenue of $3.5B and +6.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.