Filing Flows › Crescent Energy (CRGY) › How it makes money
How Crescent Energy (CRGY) makes money
Crescent Energy (CRGY) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +56% from a year earlier. Oil brought in $1.0B (77%); Natural gas brought in $155M (11%); Natural gas liquids brought in $140M (10%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Oil | $1.0B | 77.2% | -15% | +75% |
| Natural gas | $155M | 11.4% | +358% | +7% |
| Natural gas liquids | $140M | 10.4% | +8% | +52% |
| Midstream and other | $13.8M | 1.0% | +177% | -59% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.4B | 100.0% |
| Income tax | $6.0M | 0.4% |
| Operating cash flow | $608M | 45.0% |
| Free cash flow | $240M | 17.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.4B | +56% |
| Q2 2026 | $1.4B | +55% |
| Q1 2026 | $1.2B | +24% |
| Q4 2025 | $865M | -1% |
| Q3 2025 | $867M | +16% |
| Q2 2025 | $898M | +38% |
| Q1 2025 | $950M | +44% |
From Crescent Energy's 10-Q filed Nov 2, 2026 (on EDGAR).
Questions
How does Crescent Energy make money?
Crescent Energy (CRGY) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +56% from a year earlier. Oil brought in $1.0B (77%); Natural gas brought in $155M (11%); Natural gas liquids brought in $140M (10%).
What is Crescent Energy's biggest business?
Oil: $1.0B in the third quarter 2026, 77% of revenue, +75% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.