HighPeak Energy, Inc. (HPK) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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HPK Revenue Growth
Revenue Breakdown (FY 2024)
HPK's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
HPK Revenue Analysis (2019–2025)
As of May 8, 2026, HighPeak Energy, Inc. (HPK) generated trailing twelve-month (TTM) revenue of $812.5 million, reflecting significant decline in growth of -29.4% year-over-year. The most recent quarter (Q4 2025) recorded $165.8 million in revenue, down 12.2% sequentially.
Looking at the longer-term picture, HPK's 5-year compound annual growth rate (CAGR) stands at +103.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.11 billion in 2023.
Revenue diversification analysis shows HPK's business is primarily driven by Crude Oil Sales (99%), and Natural Gas and NGL Sales (1%). With over half of revenue concentrated in Crude Oil Sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CIVI (-6.6% YoY), MTDR (-9.2% YoY), and REI (-35.0% YoY), HPK has underperformed the peer group in terms of revenue growth. Compare HPK vs CIVI →
HPK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HPKCurrent | $813M | -29.4% | +103.7% | 17.4% | |
 CIVI | $5.2B | -6.6% | +75.4% | 29.0% | |
 MTDR | $3.7B | -9.2% | +33.7% | 32.5% | |
 REI | $307M | -35.0% | +22.1% | 24.2% | |
 BATL | $165M | -14.9% | +2.2% | -4.0% | |
 TPVG | $97M | - | - | 77.9% |
HPK Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $863.4M | -19.3% | $178.7M | 20.7% | $150.0M | 17.4% |
| 2024 | $1.07B | -3.8% | $376.7M | 35.2% | $337.4M | 31.6% |
| 2023 | $1.11B | +47.1% | $483.0M | 43.5% | $426.5M | 38.4% |
| 2022 | $755.7M | +243.3% | $469.9M | 62.2% | $422.6M | 55.9% |
| 2021 | $220.1M | +794.0% | $119.1M | 54.1% | $101.8M | 46.3% |
| 2020 | $24.6M | +203.4% | $-5,790,000 | -23.5% | $-29,181,000 | -118.5% |
| 2019 | $8.1M | - | $25K | 0.3% | $-11,579,000 | -142.7% |
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Start ComparisonHPK — Frequently Asked Questions
Quick answers to the most common questions about buying HPK stock.
Is HPK's revenue growth accelerating or slowing?
HPK revenue declined -29.4% year-over-year, contrasting with the 5-year CAGR of +103.7%. TTM revenue fell to $813M. This reverses the prior growth trend.
What is HPK's long-term revenue growth rate?
HighPeak Energy, Inc.'s 5-year revenue CAGR of +103.7% reflects the variable expansion pattern. Current YoY growth of -29.4% is below this long-term average.
How is HPK's revenue distributed by segment?
HPK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.