NYSE$CRC

California Resources Corporation · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

California Resources Corporation Q1 fiscal 2026: $119.0M revenue, $711.0M net loss

for the year ended December 31, 2025 (2025 Annual Report). (SEC accession 0001609253-26-000106)

  • Revenue: $119.0M
  • Net loss: $711.0M
  • Diluted EPS: $-8.02
  • Operating income: $-711.0M

Headline financials

Total Revenue

$119M

Previous: $912M-87.0%
EPS (adj)

-$8.02

Previous: $1.07-849.5%
Capital Expenditures

-$131M

Previous: -$55M-138.2%
Net Income

-$711M

Previous: $115M-718.3%
Operating Income

-$711M

Previous: $186M-482.3%

Revenue & EPS history

CRC · Revenue · Quarterly

$119M

Q1 2026-87%vs Q1 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

CRC · $342M total across 4 segments · Q3 2023

  • Oil and liquids & gas sales
    $402M-18.6%
  • Marketing of purchased natural gas
    $77M-31.9%
  • Electricity sales
    $67M-23.9%
  • Net gain from commodity derivatives
    -$204M-184.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.2%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+12.0%

Avg return

30 days after

36%

8 / 22 earnings

Positive

+13.0%

Q2 2021

Best reaction

-12.4%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-12.4%-15.0%
Q4 2025+4.8%+10.0%+12.2%
Q3 2025-0.7%+1.0%+2.1%
Q1 2025+8.3%+18.7%+25.7%
Q4 2024-11.0%-7.0%+2.3%
Q3 2024+7.5%+7.7%+4.7%
Q2 2024+3.2%+6.3%+5.3%
Q1 2024-4.9%-7.4%-10.5%
Q4 2023-2.4%-0.1%+2.0%
Q3 2023-0.2%-3.5%-1.7%
Q2 2023-2.6%+1.9%+6.9%
Q1 2023-0.7%-3.1%-7.3%
Q4 2022+10.3%+9.0%-4.4%
Q3 2022+10.4%+8.6%+0.9%
Q2 2022-4.6%+0.5%+4.9%
Q1 2022-2.7%-10.5%+2.8%
Q4 2021-0.4%+5.6%+22.7%
Q3 2021-1.9%-0.5%+1.0%
Q2 2021+13.0%+11.4%+37.3%
Q1 2021-1.4%+17.3%+36.0%
Q4 2020+2.8%-3.7%-2.9%
Q3 2020-9.8%+2.3%+111.6%
Q2 2020
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Q4 2019
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Q4 2018
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Q4 2015
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Q4 2012
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Q3 2014
Q3 2013
Q2 2013
Q1 2013

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