Filing Flows › Comstock Resources (CRK) › Q3 2026 › vs Q3 2025
Comstock Resources (CRK) Q3 2026 vs Q3 2025 (year over year)
Comstock Resources's revenue fell $63.0M (-14%) from $447M in Q3 2025 to $384M in Q3 2026. The biggest changes: Gas Services −$76.8M (-54%); Natural Gas and Oil Sales +$11.3M (+4%). Operating margin 6.0% against 11.2% (-5.3 pts).
Comstock Resources, Q3 2026: revenue $384M (-14% year over year), operating margin 6.0%, net earnings $22.3M, operating cash flow $180M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 6.0% | 11.2% | -5.3 pts |
| Net margin | 5.8% | 24.8% | -19.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Natural Gas and Oil Sales | $320M | $309M | $11.3M | +4% |
| Gas Services | $64.5M | $141M | −$76.8M | -54% |
| Revenue | $384M | $447M | −$63.0M | -14% |
| Other income, net | $16.4M | $86.5M | −$70.1M | -81% |
| Operating profit | $22.9M | $50.2M | −$27.3M | -54% |
| Costs & expenses | $361M | $397M | −$35.7M | -9% |
| Pre-tax earnings | $39.3M | $137M | −$97.4M | -71% |
| General & admin | $16.1M | $11.5M | $4.6M | +40% |
| Other operating costs | $345M | $386M | −$40.3M | -10% |
| Net earnings | $22.3M | $111M | −$88.9M | -80% |
| Minority interests | $3.1M | $7.0M | −$3.9M | -56% |
| Income tax | $14.0M | $18.6M | −$4.7M | -25% |
| Operating cash sources | $215M | $274M | −$58.7M | -21% |
| Depreciation & amortization | $186M | $157M | $28.3M | +18% |
| Share-based compensation | $7.5M | $5.6M | $1.9M | +33% |
| Working capital & other | $35.2M | $121M | −$85.9M | -71% |
| Operating cash flow | $180M | $153M | $27.1M | +18% |
| Capital expenditures | $452M | $342M | $111M | +32% |
| Negative free cash flow (OCF − capex) | $272M | $188M | $83.6M | +44% |
Questions
How much did Comstock Resources's revenue grow year over year in Q3 2026?
Comstock Resources's revenue fell $63.0M (-14%) from $447M in Q3 2025 to $384M in Q3 2026.
What drove Comstock Resources's revenue change in Q3 2026?
Gas Services −$76.8M (-54%); Natural Gas and Oil Sales +$11.3M (+4%).