Revenue growth momentum remains robust with a 27.3% year-over-year increase in 2026Q1, while operating margins recovered to 52.0% from the negative levels observed in late 2024.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Sales/Revenue | 1.42B | 1.32B | 928.6M | 1.05B | 2.33B | 1.5B | 801.25M | 1.35B | 1.48B | 1.11B | 560.42M | 505.48M | 550.17M | 272.53M | 250.44M | 233.67M | 127.64M | 85.26M | 141.22M | 105.84M | 60.39M | 27.56M | 23.19M | 15.95M | 12.13M | 15.46M | 16.12M | 10M | 8.84M | 20.76M | 24.02M |
| Revenue Growth % | 37.07% | 42.53% | -11.68% | -54.89% | 55.09% | 87.56% | -40.86% | -8.37% | 33.61% | 97.46% | 10.87% | -8.12% | 101.87% | 8.82% | 7.18% | 83.08% | 49.7% | -39.62% | 33.43% | 75.26% | 119.13% | 18.84% | 45.42% | 31.42% | -21.5% | -4.09% | 61.18% | 13.07% | -57.39% | -13.59% | - |
| Cost of Goods Sold | 302.5M | 388.4M | 395.83M | 388.36M | 332.55M | 693.51M | 293.98M | 1.13B | 906.09M | 716.61M | 481.88M | 561.32M | 406.86M | 184.26M | 145.16M | 110.22M | 70.49M | 55.92M | 81.14M | 59.02M | 31.28M | 16.58M | 14.66M | 5.89M | 5.16M | 6.52M | 6.73M | 4.5M | 0 | 0 | 13.3M |
| COGS % of Revenue | - | 29.35% | 42.63% | 36.94% | 14.27% | 46.15% | 36.69% | 83.59% | 61.28% | 64.76% | 85.99% | 111.05% | 73.95% | 67.61% | 57.96% | 47.17% | 55.23% | 65.59% | 57.46% | 55.76% | 51.8% | 60.17% | 63.2% | 36.91% | 42.55% | 42.16% | 41.77% | 45% | - | - | 55.39% |
| Gross Profit | 677.45M | 935.12M | 532.77M | 663.02M | 2B | 809.35M | 507.27M | 222.32M | 572.43M | 390.02M | 78.54M | -55.84M | 143.31M | 88.27M | 105.29M | 123.46M | 57.15M | 29.34M | 60.08M | 46.82M | 29.11M | 10.98M | 8.53M | 10.06M | 6.97M | 8.94M | 9.39M | 5.5M | 8.84M | 20.76M | 10.71M |
| Gross Margin % | 47.79% | 70.65% | 57.37% | 63.06% | 85.73% | 53.85% | 63.31% | 16.41% | 38.72% | 35.24% | 14.01% | -11.05% | 26.05% | 32.39% | 42.04% | 52.83% | 44.77% | 34.41% | 42.54% | 44.24% | 48.2% | 39.83% | 36.8% | 63.09% | 57.45% | 57.84% | 58.23% | 55% | 100% | 100% | 44.61% |
| Gross Profit Growth % | - | 75.52% | -19.65% | -66.82% | 146.9% | 59.55% | 128.17% | -61.16% | 46.77% | 396.61% | 240.64% | -138.97% | 62.36% | -16.16% | -14.72% | 116.03% | 94.77% | -51.16% | 28.31% | 60.86% | 165.13% | 28.65% | -15.19% | 44.33% | -22.03% | -4.74% | 70.65% | -37.81% | -57.39% | 93.71% | - |
| Operating Expenses | 359.1M | 433.75M | 769.53M | -311.83M | 1.46B | 53.64M | 1.87B | 1.93B | 56.63M | 52.94M | 56.69M | 41.97M | 38.29M | 22.52M | 13.81M | 8.07M | 6.68M | 4.99M | 7.4M | 6.36M | 3.25M | 1.56M | 2.11M | 8.36M | 6.57M | 5.2M | 4.9M | 5.5M | 66.42M | 14.71M | 20.21M |
| OpEx % of Revenue | - | 32.77% | 82.87% | -29.66% | 62.43% | 3.57% | 233.37% | 142.17% | 3.83% | 4.78% | 10.11% | 8.3% | 6.96% | 8.26% | 5.51% | 3.46% | 5.23% | 5.85% | 5.24% | 6.01% | 5.38% | 5.66% | 9.09% | 52.44% | 54.15% | 33.62% | 30.42% | 55% | 750.96% | 70.87% | 84.13% |
| Selling, General & Admin | 43.2M | 42.49M | 42.56M | 38.6M | 35.3M | 53.64M | 59.33M | 45.54M | 56.63M | 52.94M | 43.41M | 41.97M | 38.29M | 22.52M | 13.81M | 8.07M | 6.06M | 4.99M | 6.84M | 5.8M | 3.25M | 1.56M | 2.11M | 1.84M | 1.87M | 1.63M | 1.55M | 1.8M | 2.85M | 3.64M | 3.21M |
| SG&A % of Revenue | - | 3.21% | 4.58% | 3.67% | 1.51% | 3.57% | 7.4% | 3.36% | 3.83% | 4.78% | 7.75% | 8.3% | 6.96% | 8.26% | 5.51% | 3.46% | 4.75% | 5.85% | 4.85% | 5.48% | 5.38% | 5.66% | 9.09% | 11.56% | 15.44% | 10.57% | 9.63% | 18% | 32.21% | 17.55% | 13.36% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 4M | 391.27M | 726.97M | -350.43M | 1.42B | 0 | 1.81B | 1.88B | 0 | 0 | -13.28M | 0 | 0 | 0 | 0 | 0 | -617K | 0 | -560K | -554K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 570.39M | 501.37M | -236.76M | 974.85M | 543.13M | 755.71M | -1.36B | -1.7B | 515.8M | 337.08M | 21.85M | -97.81M | 105.02M | 65.75M | 91.48M | 115.38M | 50.47M | 24.35M | 52.67M | 40.46M | 25.86M | 9.42M | 6.43M | 1.7M | 401K | 3.74M | 4.48M | -1.5M | -57.57M | -1.72M | -16.84M |
| Operating Margin % | 40.24% | 37.88% | -25.5% | 92.72% | 23.3% | 50.29% | -170.06% | -125.76% | 34.89% | 30.46% | 3.9% | -19.35% | 19.09% | 24.13% | 36.53% | 49.38% | 39.54% | 28.56% | 37.3% | 38.23% | 42.81% | 34.17% | 27.71% | 10.65% | 3.3% | 24.22% | 27.81% | -15% | -650.96% | -8.31% | -70.09% |
| Operating Income Growth % | - | 311.76% | -124.29% | 79.49% | -28.13% | 155.46% | 20.02% | -430.3% | 53.02% | 1442.63% | 122.34% | -193.13% | 59.73% | -28.13% | -20.72% | 128.62% | 107.26% | -53.77% | 30.17% | 56.5% | 174.56% | 46.55% | 278.22% | 323.69% | -89.29% | -16.48% | 398.87% | 97.39% | -3239.39% | 89.76% | - |
| EBITDA | 884.37M | 805.53M | 88.97M | 1.29B | 810.89M | 981.83M | -1.12B | -1.15B | 1.01B | 703.32M | 268.88M | 240.71M | 371.21M | 185.35M | 182.93M | 178.37M | 89.38M | 54.16M | 95.14M | 70.14M | 39.1M | 14.72M | 11.87M | 6.34M | 3.79M | 7.52M | 7.83M | 2.2M | -53.05M | 6.22M | -8.86M |
| EBITDA Margin % | 62.39% | 60.86% | 9.58% | 123.13% | 34.79% | 65.33% | -140.14% | -85.15% | 68.08% | 63.56% | 47.98% | 47.62% | 67.47% | 68.01% | 73.04% | 76.33% | 70.02% | 63.52% | 67.38% | 66.28% | 64.75% | 53.42% | 51.18% | 39.73% | 31.21% | 48.63% | 48.6% | 22% | -599.86% | 29.98% | -36.9% |
| EBITDA Growth % | 484.28% | 805.44% | -93.13% | 59.65% | -17.41% | 187.44% | 2.66% | -214.6% | 43.12% | 161.57% | 11.71% | -35.16% | 100.28% | 1.32% | 2.56% | 99.57% | 65.03% | -43.08% | 35.64% | 79.39% | 165.61% | 24.05% | 87.31% | 67.31% | -49.63% | -4.03% | 256.09% | 104.15% | -952.51% | 170.21% | - |
| D&A (Non-Cash Add-back) | 313.97M | 304.16M | 325.72M | 319.71M | 267.76M | 226.12M | 239.74M | 550.11M | 490.78M | 366.24M | 247.03M | 338.51M | 266.19M | 119.6M | 91.45M | 62.99M | 38.91M | 29.81M | 42.47M | 29.68M | 13.25M | 5.3M | 5.44M | 4.64M | 3.39M | 3.77M | 3.35M | 3.7M | 4.52M | 7.95M | 7.97M |
| EBIT | 580.6M | 592.32M | -261.69M | 999.57M | 551.56M | 175.17M | -1.5B | -1.87B | 565.76M | 545.16M | -919.09M | -1.43B | 424.73M | 268.82M | 104.51M | 114.45M | 50.16M | 25.96M | -179.74M | 40.99M | 29.76M | 11.42M | 6.5M | 1.7M | 401K | 3.74M | 4.48M | -1.5M | -57.57M | 6.05M | -9.49M |
| Net Interest Income | -36.65M | -49.02M | -59.98M | -57.07M | -59.77M | -45.01M | -119.67M | -140.99M | -134.96M | -107.19M | -62.3M | -50.58M | -23.79M | -17.19M | -6.24M | -1.21M | -2.37M | -1.75M | -4.22M | -2.57M | -1.65M | -232K | -2.12M | -957K | -120K | -248K | -596K | 0 | 0 | 0 | -5.56M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 414K | 801K | 314K | 1.01M | 1.23M | 643K | 195K | 297K | 72K | 186K | 387K | 564K | 540K | 523K | 308K | 290K | 73K | 30K | 61K | 133K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 52.04M | 49.02M | 59.98M | 57.07M | 59.77M | 45.01M | 120.08M | 141.79M | 135.27M | 108.2M | 63.53M | 51.22M | 23.99M | 17.49M | 6.32M | 1.4M | 2.76M | 2.31M | 4.76M | 3.09M | 1.96M | 522K | 2.19M | 987K | 181K | 381K | 596K | 0 | 0 | 0 | 5.56M |
| Other Income/Expense | 184.06M | 41.94M | -80.71M | -29.09M | -48.42M | -625.55M | -255.24M | -306.23M | -85.31M | 99.88M | -1B | -1.38B | 295.72M | 185.58M | 6.72M | -7.05M | -3.07M | -695K | -237.18M | -2.57M | 1.95M | 1.48M | -2.12M | -1.35M | 40K | 1.67M | 572K | 0 | -1.53M | -9.6M | -12.55M |
| Pretax Income | 754.45M | 543.3M | -317.46M | 945.76M | 494.7M | 130.16M | -1.62B | -2.01B | 430.49M | 436.96M | -982.62M | -1.48B | 400.74M | 251.33M | 98.2M | 108.33M | 47.4M | 23.66M | -184.5M | 37.9M | 27.81M | 10.89M | 4.3M | 349K | 441K | 5.42M | 5.05M | 0 | -59.1M | -11.33M | -29.39M |
| Pretax Margin % | 53.22% | 41.05% | -34.19% | 89.95% | 21.22% | 8.66% | -201.91% | -148.36% | 29.12% | 39.49% | -175.34% | -292.97% | 72.84% | 92.22% | 39.21% | 46.36% | 37.14% | 27.74% | -130.65% | 35.81% | 46.05% | 39.53% | 18.56% | 2.19% | 3.63% | 35.04% | 31.36% | - | -668.31% | -54.58% | -122.35% |
| Income Tax | 160.35M | 115.5M | -56.08M | -525.16M | 0 | -8.01M | 7.29M | -7.56M | -69K | 1.81M | -2.91M | -256M | 153.34M | 98.14M | 26.36M | -90K | 40K | 28K | 0 | 121K | 0 | 0 | 0 | 0 | 0 | 0 | 24K | -600K | 77K | 0 | 0 |
| Effective Tax Rate % | 21.25% | 21.26% | 17.66% | -55.53% | 0% | -6.15% | -0.45% | 0.38% | -0.02% | 0.41% | 0.3% | 17.29% | 38.26% | 39.05% | 26.85% | -0.08% | 0.08% | 0.12% | 0% | 0.32% | 0% | 0% | 0% | 0% | 0% | 0% | 0.47% | - | -0.13% | 0% | 0% |
| Net Income | 594.1M | 427.81M | -261.39M | 1.47B | 494.7M | 138.16M | -1.63B | -2B | 430.56M | 435.15M | -979.71M | -1.22B | 247.4M | 153.19M | 71.84M | 108.42M | 47.36M | 23.63M | -184.5M | 37.77M | 27.81M | 10.89M | 4.3M | 619K | 441K | 5.42M | 4.46M | 600K | -59.1M | 77.39M | -29.39M |
| Net Margin % | 41.91% | 32.32% | -28.15% | 139.9% | 21.22% | 9.19% | -202.82% | -147.8% | 29.12% | 39.32% | -174.82% | -242.32% | 44.97% | 56.21% | 28.68% | 46.4% | 37.11% | 27.71% | -130.65% | 35.69% | 46.05% | 39.53% | 18.56% | 3.88% | 3.63% | 35.04% | 27.66% | 6% | -668.31% | 372.88% | -122.35% |
| Net Income Growth % | 289.27% | 263.67% | -117.77% | 197.33% | 258.05% | 108.5% | 18.84% | -565.06% | -1.06% | 144.42% | 20.02% | -595.1% | 61.5% | 113.25% | -33.74% | 128.92% | 100.46% | 112.81% | -588.42% | 35.84% | 155.24% | 153.14% | 595.31% | 40.36% | -91.86% | 21.48% | 643.17% | 101.02% | -176.37% | 363.36% | - |
| Net Income (Continuing) | 594.1M | 427.81M | -261.39M | 1.47B | 494.7M | 138.16M | -1.63B | -2B | 430.56M | 435.15M | -979.71M | -1.22B | 247.4M | 153.19M | 71.84M | 108.42M | 47.36M | 23.63M | -184.5M | 37.77M | 27.81M | 10.89M | 4.3M | 349K | 441K | 5.42M | 4.46M | 600K | -59.1M | -11.33M | -29.39M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 31.78 | 21.48 | -14.72 | 66.46 | 20.32 | 6.49 | -35.19 | -43.35 | 6.00 | 6.06 | -7.97 | -12.27 | 2.88 | 1.97 | 1.21 | 2.20 | 1.07 | 0.55 | -4.33 | 1.01 | 0.82 | 0.34 | 0.28 | -0.02 | -0.06 | 0.52 | 0.43 | 0.13 | -72.35 | 15.57 | -3.08 |
| EPS Growth % | 264.35% | 245.92% | -122.15% | 227.07% | 213.1% | 118.44% | 18.82% | -822.5% | -0.99% | 176.04% | 35.04% | -526.04% | 46.19% | 62.81% | -45% | 105.61% | 94.55% | 112.7% | -528.71% | 23.17% | 141.18% | 21.43% | 1500% | 66.67% | -111.54% | 20.93% | 230.77% | 100.18% | -564.68% | 605.52% | - |
| EPS (Basic) | - | 21.74 | -14.72 | 67.24 | 20.45 | 6.49 | -35.19 | -43.36 | 6.00 | 6.06 | -7.97 | -12.27 | 2.90 | 1.98 | 1.22 | 2.22 | 1.08 | 0.55 | -4.33 | 1.03 | 0.85 | 0.36 | 0.31 | -0.02 | -0.06 | 0.53 | 0.44 | 0.13 | -72.35 | 15.57 | -3.08 |
| Diluted Shares Outstanding | 18.7M | 18.44M | 18.05M | 18.9M | 20.35M | 20.6M | 46.19M | 46.19M | 71.78M | 71.78M | 122.95M | 99.79M | 85.81M | 77.86M | 56.42M | 49.21M | 44.26M | 43.02M | 42.6M | 37.4M | 33.91M | 32.04M | 15.37M | 10.95M | 10.42M | 10.42M | 10.37M | 5.12M | 816.99K | 4.97M | 9.54M |
| Basic Shares Outstanding | 18.55M | 18.22M | 18.05M | 18.64M | 20.18M | 20.6M | 46.18M | 46.18M | 71.76M | 71.76M | 122.92M | 99.79M | 85.45M | 77.38M | 55.93M | 48.75M | 43.86M | 42.67M | 42.6M | 36.67M | 32.72M | 30.26M | 10.5M | 10.95M | 10.42M | 10.22M | 10.13M | 5.12M | 816.99K | 4.97M | 9.54M |
| Dividend Payout Ratio | - | 0.39% | - | - | - | 1.09% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Commodity price volatility exposure
According to recent financial disclosures, GPOR achieved a 27.3% year-over-year revenue increase in 2026Q1, signaling a sustained recovery in production output and realized pricing that significantly outpaces the stagnant growth levels observed in the early 2024 fiscal periods reported by the company.
The acceleration in top-line growth appears driven by a combination of optimized well completions and favorable commodity price realizations. Investors should monitor whether this growth trajectory is sustainable or if it relies heavily on short-term price spikes that may not persist in a normalized gas market.
As reported in quarterly filings, GPOR's operating margin reached 52.0% in 2026Q1, a sharp recovery from the negative margins seen in late 2024, suggesting that the company's cost-cutting initiatives are finally yielding the intended operational leverage despite inherent exposure to volatile regional basis differentials.
The significant swing in operating margins highlights the company's sensitivity to the underlying cost of extraction and midstream demand charges. While the current margin profile appears healthy, the lack of consistent gross margin reporting in recent periods warrants caution regarding the underlying efficiency of the production base.
Based on GPOR's reported figures, net income has fluctuated wildly, including a $464,000 loss in 2025Q1 followed by a $165.8 million profit in 2026Q1, which suggests that non-operating items and derivative mark-to-market adjustments continue to obscure the true underlying cash-generating capability of the core business.
The erratic nature of net income suggests that investors should prioritize cash flow metrics over headline EPS to gauge performance. The presence of non-cash derivative impacts often creates a disconnect between reported profitability and the actual economic value generated by the company's drilling operations.
Data from recent income statements indicates that SG&A expenses have remained tightly controlled at approximately $9.7 million in 2026Q1, demonstrating management's commitment to maintaining a lean corporate overhead as the company scales production volumes following its post-restructuring operational pivot.
The stability of SG&A relative to revenue growth suggests effective cost management at the corporate level. However, the absence of detailed COGS data in the most recent quarter makes it difficult to assess whether inflationary pressures in oilfield services are beginning to erode the company's competitive cost advantage.
While GPOR's recent performance appears strong, skeptical analysts might point to the 2024Q4 operating loss of $315 million as evidence that the company remains highly vulnerable to cyclical downturns and potential exhaustion of its Tier 1 drilling inventory in the Utica core.
The reliance on a concentrated acreage footprint creates a binary risk profile where any degradation in well productivity could lead to rapid margin compression. Investors should investigate whether the current production growth is being achieved at the expense of long-term reserve replacement efficiency.
Quick answers to the most common questions about buying GPOR stock.
For fiscal year 2025, Gulfport Energy Corporation (GPOR) reported total revenue of $1.32B. This represents a 5410.3% increase compared to $24.0M in 1996.
Gulfport Energy Corporation (GPOR) is profitable, generating $427.8M in net income for the fiscal year ending 2025 with a net profit margin of 32.3%.
Gulfport Energy Corporation (GPOR) reported an operating income of $501.4M, resulting in an operating profit margin of 37.9%. This margin reflects the operational efficiency of the business before interest and taxes.
Gulfport Energy Corporation (GPOR) generated $935.1M in gross profit for the year, representing a gross profit margin of 70.7%. This demonstrates the company's core pricing power and production efficiency.