How California Resources makes money

Period

FY2025

How does California Resources make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

California Resources Corporation · FY2025 · year ended 2025-12-31

Revenue$3.7BGross profit$3.7B · 100%Cost of revenue$0 · 0%Operating income$598M · 16%Operating expenses$3.1B · 84%SG&A$333M · 9%Other opex$2.7B · 75%Pre-tax income$502M · 14%Other expense$96M · 3%Net income$363M · 10%Income tax$139M · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.