Filing Flows › Crescent Energy (CRGY) › Q3 2026
Crescent Energy (CRGY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Crescent Energy (CRGY) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +56% from a year earlier and -3% from the quarter before. Operating margin was 35.4%, net loss $591K (0.0% of revenue).
Crescent Energy, Q3 2026: revenue $1.4B (+56% year over year), operating margin 35.4%, net loss $591K, operating cash flow $608M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -3% | +56% |
| Operating profit | $479M | -18% | 16× |
| Net earnings | −$591K | -100% | — |
| Operating cash flow | $608M | -14% | +29% |
| Free cash flow | $240M | -36% | -7% |
What changed
Revenue was $1.4B in Q3 2026, up 56% year over year and down 3% from the previous quarter. Oil was the largest line at 77% of revenue. Oil added $0.45B year over year (up 75%), 92% of the total change. Midstream and other declined 59%.
Operating profit was $0.48B, a 35.4% margin (up 31.9 points year over year). Of the extra revenue versus Q3 2025, 92% reached operating profit, above the 4% margin then. Total costs grew 4% against revenue growth of 56%. The quarter ended with a net loss of $591K, after a profit of $0.49B the previous quarter. Net interest and other expense of $0.47B was the main reason.
Operating cash flow was $0.61B (up 29% year over year). Non-cash charges added back $0.37B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.21B. Capital expenditures of $0.37B left free cash flow of $0.24B.
Questions
What was Crescent Energy's revenue in the third quarter 2026?
Crescent Energy (CRGY) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +56% from a year earlier and -3% from the quarter before.
Was Crescent Energy profitable in the third quarter 2026?
Operating profit was $479M (35.4% of revenue) and net loss $591K.
Source: Crescent Energy 10-Q on SEC EDGAR.