Filing Flows › California Resources (CRC) › Q3 2026 › vs Q2 2026
California Resources (CRC) Q3 2026 vs Q2 2026 (quarter over quarter)
California Resources's revenue fell $876M (-68%) from $1.3B in Q2 2026 to $421M in Q3 2026. The biggest changes: Revenue from contracts with customers −$54.0M (-5%).
California Resources, Q3 2026: revenue $421M (-51% year over year), operating margin -96.7%, net loss $315M, operating cash flow $305M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Oil | $929M | $995M | −$66.0M | -7% |
| Natural gas liquids | $47.0M | $47.0M | $0 | 0% |
| Natural gas | $26.0M | $14.0M | $12.0M | +86% |
| Revenue from contracts with customers | $1.0B | $1.1B | −$54.0M | -5% |
| Revenue | $421M | $1.3B | −$876M | -68% |
| Other revenues (net loss) | $581M | −$241M | $822M | — |
| Income tax benefit | $113M | $56.0M | $57.0M | +102% |
| Net loss | $315M | −$514M | $829M | — |
| Costs & expenses | $849M | $1.4B | −$504M | -37% |
| Operating costs | $828M | $786M | $42.0M | +5% |
| Interest & other, net | $21.0M | $53.0M | −$32.0M | -60% |
| SG&A | $89.0M | $97.0M | −$8.0M | -8% |
| Other operating costs | $739M | $689M | $50.0M | +7% |
| Operating cash sources | $620M | −$251M | $871M | — |
| Depreciation & amortization | $137M | $131M | $6.0M | +5% |
| Working capital & other | $483M | −$382M | $865M | — |
| Net loss absorbed | $315M | −$514M | $829M | — |
| Operating cash flow | $305M | $263M | $42.0M | +16% |
Questions
How much did California Resources's revenue grow quarter over quarter in Q3 2026?
California Resources's revenue fell $876M (-68%) from $1.3B in Q2 2026 to $421M in Q3 2026.
What drove California Resources's revenue change in Q3 2026?
Revenue from contracts with customers −$54.0M (-5%).