Income Statement - BAYTEX ENERGY CORP. (BTE)
$(Billion, Million)| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,479.61 | 1,611.76 | 2,713.06 | 2,305.62 | 1,540.67 | 813.58 | 1,526.18 | 1,111.58 | 870.52 | 606.42 | 886.17 | 1,462.37 | 1,059.04 | 1,027.30 | 1,094.41 | 838.89 | 659.62 | 832.83 | 514.05 | 471.32 |
| Cost of revenue | 1,161.64 | 1,184.79 | 1,962.32 | 1,282.28 | 960.38 | 919.61 | 1,302.18 | 1,005.42 | 874.07 | 804.94 | 1,075.27 | 1,010.63 | 741.16 | 757.98 | 719.89 | 590.83 | 560.26 | 537.97 | 351.59 | 289.13 |
| Gross profit | 317.97 | 426.97 | 750.74 | 1,023.35 | 580.30 | -106.03 | 224.01 | 106.16 | -3.55 | -198.52 | -189.11 | 451.74 | 317.88 | 269.32 | 374.52 | 248.06 | 99.36 | 294.86 | 162.46 | 182.19 |
| Total operating expenses | 91.87 | 70.19 | 107.50 | 78.63 | 52.33 | 43.84 | 63.04 | 65.15 | 63.82 | 65.23 | 74.56 | 83.56 | 73.87 | 81.52 | 72.63 | 135.69 | 41.48 | 41.63 | 38.11 | 36.69 |
| Operating income | 226.10 | 356.79 | 643.24 | 944.72 | 527.97 | -149.87 | 160.97 | 41.01 | -67.37 | -263.74 | -263.66 | 368.18 | 244.01 | 187.80 | 301.89 | 112.37 | 57.88 | 253.23 | 124.35 | 145.50 |
| Non-operating income (net) | -379.09 | -373.49 | -1,159.87 | -61.64 | 1,179.77 | -2,455.37 | -242.04 | -466.73 | -2.90 | -499.63 | -1,210.34 | -366.66 | -37.36 | 189.45 | -32.86 | -4.40 | 10.66 | -9.53 | -37.08 | -35.09 |
| Income before tax | -152.99 | -16.71 | -516.63 | 883.08 | 1,707.73 | -2,605.23 | -81.07 | -425.72 | -70.27 | -763.38 | -1,474.00 | 1.51 | 206.65 | 377.25 | 269.03 | 107.97 | 68.54 | 243.71 | 87.27 | 110.41 |
| Income tax expense | 123.63 | 80.68 | -283.25 | 35.00 | 81.86 | -160.76 | -68.27 | -101.44 | -158.72 | -274.61 | -343.26 | 128.46 | 50.13 | 118.03 | 52.04 | -124.92 | -19.10 | 13.45 | -49.17 | -41.14 |
| Net income | -603.29 | 236.44 | -233.38 | 848.08 | 1,625.87 | -2,444.48 | -12.80 | -324.28 | 88.45 | -488.76 | -1,130.74 | -126.95 | 156.51 | 259.22 | 216.99 | 232.89 | 87.64 | 227.31 | 132.33 | 146.97 |
Show Quarterly Income Statement
Income Statement - BAYTEX ENERGY CORP. (BTE)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 402.40 | -1,333.75 | 747.48 | 712.66 | 786.65 | 809.80 | 849.43 | 892.08 | 775.02 | 837.02 | 920.05 | 490.55 | 462.11 | 522.66 | 559.74 | 682.45 | 550.32 | 455.69 | 397.70 | 360.37 | 317.60 | 196.27 | 211.67 | 123.01 | 277.97 | 378.66 | 349.94 | 396.89 | 372.80 | 277.79 | 345.76 | 272.25 | 221.31 | 237.05 | 202.40 | 218.29 | 203.54 | 178.81 | 152.04 | 195.73 | 153.60 | 422.30 | 211.12 | 267.55 | 228.91 | 371.35 | 483.49 | 364.12 | 310.93 | 269.35 | 339.40 | 279.00 | 227.67 | 244.33 | 252.03 | 238.23 | 290.36 | 515.43 | 263.13 | 285.74 | 241.51 | 241.93 | 242.70 | 243.79 | 276.72 | 243.68 | 231.81 | 192.32 | 148.02 | 199.89 | 363.04 | 331.85 | 263.96 | 197.44 | 164.23 | 127.51 | 129.75 | 134.54 | 145.75 | 140.16 | 136.23 |
| Cost of revenue | 310.49 | -869.03 | 581.37 | 587.45 | 573.40 | 596.18 | 616.89 | 627.49 | 616.56 | 657.11 | 575.28 | 367.69 | 360.10 | 343.25 | 316.00 | 329.37 | 298.48 | 275.02 | 248.37 | 219.50 | 211.61 | 196.87 | 206.84 | 191.91 | 318.54 | 321.80 | 306.51 | 328.34 | 321.67 | 336.87 | 255.29 | 213.22 | 204.38 | 213.19 | 208.82 | 234.22 | 208.24 | 202.78 | 187.00 | 225.95 | 255.07 | 741.43 | 178.38 | 184.87 | 199.75 | 197.99 | 207.64 | 139.33 | 133.50 | 127.53 | 107.58 | 127.97 | 124.72 | 136.55 | 101.52 | 104.76 | 120.02 | 328.86 | 110.00 | 117.71 | 111.64 | 132.90 | 120.79 | 127.30 | 141.68 | 131.07 | 116.68 | 106.84 | 98.73 | -82.76 | 176.31 | 163.34 | 151.03 | 78.68 | 73.01 | 59.44 | 55.17 | 121.27 | 35.22 | 49.75 | 51.48 |
| Gross profit | 91.91 | -464.72 | 166.10 | 125.21 | 213.25 | 213.62 | 232.55 | 264.59 | 158.46 | 179.91 | 344.77 | 122.85 | 102.01 | 179.41 | 243.74 | 353.08 | 251.84 | 180.67 | 149.33 | 140.86 | 105.99 | -0.60 | 4.82 | -68.90 | -40.57 | 56.86 | 43.43 | 68.56 | 51.12 | -59.08 | 90.46 | 59.03 | 16.92 | 23.87 | -6.43 | -15.93 | -4.70 | -23.98 | -34.97 | -30.22 | -101.47 | -319.13 | 32.74 | 82.68 | 29.16 | 173.37 | 275.85 | 224.79 | 177.43 | 141.81 | 231.82 | 151.03 | 102.95 | 107.78 | 150.51 | 133.47 | 170.34 | 186.57 | 153.14 | 168.03 | 129.88 | 109.04 | 121.91 | 116.49 | 135.04 | 112.61 | 115.13 | 85.48 | 49.29 | 282.65 | 186.74 | 168.51 | 112.93 | 118.76 | 91.22 | 68.07 | 74.58 | 13.27 | 110.54 | 90.41 | 84.75 |
| Total operating expenses | 45.29 | -267.49 | 31.52 | 23.89 | 26.22 | 20.90 | 20.17 | 26.55 | 31.94 | 18.54 | 35.12 | 32.14 | 21.56 | 33.74 | 14.93 | 14.58 | 15.60 | 14.46 | 12.47 | 13.36 | 11.71 | 10.08 | 10.65 | 10.39 | 12.47 | 11.86 | 13.35 | 16.57 | 20.02 | 18.56 | 17.39 | 14.58 | 14.93 | 12.80 | 13.47 | 19.68 | 17.15 | 12.80 | 17.26 | 19.63 | 21.73 | -238.00 | 99.18 | 109.61 | 116.78 | 140.78 | 120.98 | 103.56 | 100.94 | 90.35 | 96.10 | 93.12 | 91.05 | 84.57 | 93.87 | 98.53 | 92.82 | 94.29 | 86.14 | 75.86 | 79.22 | 84.80 | 75.35 | 83.34 | 75.68 | 100.97 | 55.87 | 52.20 | 69.63 | 70.45 | 70.36 | 60.82 | 59.69 | 62.71 | 59.51 | 50.03 | 48.81 | 48.81 | 44.90 | 49.98 | 42.90 |
| Operating income | 46.62 | -197.23 | 134.59 | 101.32 | 187.03 | 192.72 | 212.38 | 238.04 | 126.53 | 161.37 | 309.64 | 90.71 | 80.45 | 145.67 | 228.80 | 338.50 | 236.24 | 166.21 | 136.86 | 127.50 | 94.28 | -10.68 | -5.82 | -79.28 | -53.04 | 45.01 | 30.08 | 51.99 | 31.11 | -77.64 | 73.08 | 44.46 | 1.99 | 11.07 | -19.90 | -35.61 | -21.84 | -36.77 | -52.23 | -51.14 | -123.97 | -83.12 | -66.44 | -26.93 | -87.62 | 32.90 | 154.61 | 121.18 | 76.49 | 51.40 | 135.70 | 55.80 | 11.86 | 23.21 | 56.64 | 34.94 | 75.87 | 99.83 | 65.29 | 88.47 | 48.51 | 41.68 | 64.89 | 33.15 | 59.36 | 34.46 | 59.26 | 33.28 | -20.33 | 360.19 | 56.79 | 179.51 | 60.76 | 86.23 | 18.26 | 5.46 | 23.60 | -92.17 | 77.38 | 37.68 | 50.27 |
| Non-operating income (net) | -150.82 | -267.13 | -87.51 | 73.54 | -97.19 | -171.11 | 2.32 | -104.95 | -123.09 | -958.94 | -133.95 | -54.14 | -12.36 | 245.17 | 52.66 | -116.52 | -245.79 | 409.76 | -93.47 | 980.72 | -124.11 | 332.77 | -16.52 | -37.59 | -2,708.79 | -220.53 | -13.33 | 26.08 | -33.67 | -202.50 | -50.03 | -128.35 | -87.73 | -36.10 | -7.72 | 20.82 | 19.76 | -481.57 | -6.02 | -84.86 | 75.01 | -544.65 | -543.10 | -12.89 | -113.04 | -341.71 | 31.06 | -64.66 | -8.29 | -8.00 | -25.61 | -5.63 | 2.13 | 3.35 | -17.10 | 214.60 | -15.13 | -29.63 | 10.34 | 36.14 | -49.37 | -5.41 | -25.58 | -7.90 | -6.11 | -6.78 | -13.75 | -9.53 | -8.12 | -303.84 | 110.95 | -151.78 | -23.76 | -69.15 | 17.56 | 16.46 | -4.10 | 106.76 | -32.24 | -3.15 | -25.83 |
| Income before tax | -104.20 | -464.35 | 47.07 | 174.86 | 89.83 | 21.61 | 214.70 | 133.09 | 3.44 | -797.57 | 175.69 | 36.57 | 68.09 | 390.83 | 281.46 | 221.98 | -9.55 | 575.97 | 43.39 | 1,108.22 | -29.83 | 322.09 | -22.34 | -116.88 | -2,761.83 | -175.53 | 16.75 | 78.06 | -2.56 | -280.14 | 23.05 | -83.89 | -85.74 | -25.04 | -27.62 | -14.78 | -2.09 | -518.34 | -58.25 | -136.00 | -48.96 | -627.78 | -609.54 | -39.82 | -200.66 | -308.81 | 185.67 | 56.52 | 68.21 | 43.41 | 110.09 | 50.16 | 13.99 | 26.56 | 39.55 | 249.54 | 60.75 | 70.20 | 75.62 | 124.61 | -0.86 | 36.27 | 39.31 | 25.25 | 53.25 | 27.68 | 45.51 | 23.75 | -28.46 | 56.35 | 167.74 | 27.72 | 37.00 | 17.08 | 35.82 | 21.92 | 19.50 | 14.59 | 45.14 | 34.53 | 24.45 |
| Income tax expense | -24.32 | 65.37 | 15.06 | 22.57 | 20.64 | 60.06 | 29.78 | 29.27 | 17.48 | -171.69 | 48.66 | -176.90 | 16.64 | 41.13 | 19.00 | 41.05 | -66.33 | 8.45 | 10.72 | 56.55 | 5.50 | 100.43 | 1.01 | 21.00 | -280.77 | -54.54 | 1.58 | -1.06 | -13.92 | -49.63 | -4.44 | -24.73 | -23.00 | -102.19 | -18.44 | -24.09 | -13.19 | -156.27 | -18.84 | -49.07 | -49.56 | -214.85 | -91.68 | -12.87 | -24.75 | 53.01 | 41.30 | 19.72 | 20.36 | 12.23 | 22.76 | 13.97 | 3.84 | -5.06 | 12.77 | 92.26 | 17.79 | 12.42 | 23.79 | 17.75 | -1.81 | -21.32 | 4.25 | -7.78 | 1.30 | -0.27 | 4.86 | -3.70 | -19.97 | 3.95 | 29.14 | -7.56 | 0.04 | -25.55 | -1.96 | -10.11 | -5.04 | -7.70 | 2.21 | -22.83 | -4.43 |
| Net income | -67.50 | -856.39 | 32.01 | 152.29 | 69.19 | -38.45 | 184.92 | 103.83 | -14.04 | -625.88 | 127.03 | 213.48 | 51.44 | 349.70 | 262.47 | 180.93 | 56.78 | 567.52 | 32.67 | 1,051.67 | -35.34 | 221.66 | -23.35 | -137.88 | -2,481.06 | -120.98 | 15.17 | 79.13 | 11.36 | -230.51 | 27.49 | -59.16 | -62.74 | 77.15 | -9.18 | 9.30 | 11.11 | -362.07 | -39.41 | -86.94 | 0.61 | -412.92 | -517.86 | -26.96 | -175.92 | -361.82 | 144.37 | 36.80 | 47.84 | 31.17 | 87.33 | 36.19 | 10.15 | 31.62 | 26.77 | 157.28 | 42.96 | 57.78 | 51.84 | 106.86 | 0.95 | 57.59 | 35.06 | 33.03 | 51.95 | 27.96 | 40.66 | 27.45 | -8.49 | 52.40 | 137.23 | 34.42 | 35.85 | 41.35 | 36.67 | 31.05 | 23.78 | 19.99 | 42.04 | 56.16 | 28.88 |