APA Corp

APA 10-Q · Q1 2026

APA Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue (Q)
Show Product Lines breakouts
Oil And Gas 2,327 2,636 -11.7%
Oil And Gas Purchased 385 597 -35.5%
Oil And Gas Purchased · U.S. 385 597 -35.5%
Oil and gas, excluding purchased 1,942 2,039 -4.8%
Oil and gas, excluding purchased · Egypt 138 91 +51.6%
Oil and gas, excluding purchased · Egypt 671 582 +15.3%
Oil and gas, excluding purchased · Egypt 809 673 +20.2%
Oil and gas, excluding purchased · Natural Gas Liquids Reserves 141 206 -31.6%
Oil and gas, excluding purchased · Natural Gas Reserves 157 233 -32.6%
Oil and gas, excluding purchased · North Sea 12 10 +20.0%
Oil and gas, excluding purchased · North Sea 31 38 -18.4%
Oil and gas, excluding purchased · North Sea 164 202 -18.8%
Oil and gas, excluding purchased · North Sea 207 250 -17.2%
Oil and gas, excluding purchased · Oil Reserves 1,644 1,600 +2.8%
Oil and gas, excluding purchased · U.S. 129 196 -34.2%
Oil and gas, excluding purchased · U.S. -12 104 -111.5%
Oil and gas, excluding purchased · U.S. 809 816 -0.9%
Oil and gas, excluding purchased · U.S. 926 1,116 -17.0%
Cost of Revenue (Q)
Show Product Lines breakouts
Oil And Gas Purchased 75 474 -84.2%
Oil And Gas Purchased · U.S. 75 474 -84.2%
Oil and gas, excluding purchased 91 104 -12.5%
Oil and gas, excluding purchased · Egypt 8 5 +60.0%
Oil and gas, excluding purchased · North Sea 15 14 +7.1%
Oil and gas, excluding purchased · U.S. 68 85 -20.0%
Total Costs & Expenses 1,385 1,849 -25.1%
General & Administrative 115 98 +17.3%
Operating Expenses 1,206 1,771 -31.9%
Show Business Segments breakouts
Egypt · Operating Segments 288 288 0.0%
North Sea · Operating Segments 189 212 -10.8%
U.S. · Operating Segments 726 1,264 -42.6%
Show Consolidation Items breakouts
Intersegment Elimination 3 7 -57.1%
Operating Income 1,055 865 +22.0%
Show Business Segments breakouts
Egypt · Operating Segments 521 385 +35.3%
North Sea · Operating Segments 18 38 -52.6%
U.S. · Operating Segments 519 449 +15.6%
Show Consolidation Items breakouts
Intersegment Elimination -3 -7 +57.1%
Other Non-Operating Income (Expense) 1 6 -83.3%
Income Before Taxes 830 763 +8.8%
Net Income 543 418 +29.9%
Net Income 446 347 +28.5%
Show Equity Components breakouts
Parent 446 347 +28.5%
Retained Earnings 446 347 +28.5%
Comprehensive Income 446 347 +28.5%
EPS (Basic) 1.26 0.96 +31.3%
EPS (Diluted) 1.26 0.96 +31.3%
Wtd Avg Shares (Basic) 354 364 -2.7%
Wtd Avg Shares (Diluted) 354 364 -2.7%
Net Income Loss Available To Common Stockholders Basic 446 347 +28.5%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 293 67 +337.3%
Accounts Receivable 1,456 1,822 -20.1%
Inventory 334 397 -15.9%
Prepaid Expenses & Other Current Assets 94 51 +84.3%
Total Current Assets 2,289 2,444 -6.3%
Non-Current Assets
Deferred Tax Assets 2,343 2,674 -12.4%
Total Assets 18,079 18,531 -2.4%
Show Business Segments breakouts
Egypt · Operating Segments 3,159 3,441 -8.2%
North Sea · Operating Segments 1,306 1,252 +4.3%
U.S. · Operating Segments 12,593 13,136 -4.1%
Show Consolidation Items breakouts
Intersegment Elimination 1,021 702 +45.4%
Current Liabilities
Accounts Payable 798 1,106 -27.8%
Total Current Liabilities 2,491 2,761 -9.8%
Debt Current 134 131 +2.3%
Non-Current Liabilities
Other Non-Current Liabilities 463 509 -9.0%
Stockholders' Equity
Common Stock 308 307 +0.3%
Additional Paid-In Capital 12,733 13,063 -2.5%
Retained Earnings -275 -1,808 +84.8%
Accumulated Other Comprehensive Income 10 12 -16.7%
Total Stockholders' Equity 6,456 5,436 +18.8%
Total Liabilities & Equity 18,079 18,531 -2.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 553 643 -14.0%
Show Business Segments breakouts
Egypt · Operating Segments 151 153 -1.3%
North Sea · Operating Segments 60 71 -15.5%
U.S. · Operating Segments 342 419 -18.4%
Deferred Income Taxes -15 39 -138.5%
Other Non-Cash Items 9 13 -30.8%
Change in Accounts Receivable -391 128 -405.5%
Change in Inventory 1 14 -92.9%
Change in Accounts Payable -71 -122 +41.8%
Change in Prepaid & Other Assets 6 1 +500.0%
Net Cash from Operations 554 1,096 -49.5%
Investing Activities
Other Investing Activities 4 4 0.0%
Net Cash from Investing -542 -786 +31.0%
Financing Activities
Amortization of Financing Costs 1 2 -50.0%
Net Cash from Financing -235 -868 +72.9%
Supplemental
Income Taxes Paid 280 296 -5.4%
Interest Paid 88 118 -25.4%
Other Cash Flow
Net Change in Cash -223 -558 +60.0%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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