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How Comstock Resources (CRK) makes money

Comstock Resources (CRK) made $384M of revenue in the third quarter 2026 (Q3 2026), -15% from a year earlier. Natural Gas and Oil Sales brought in $320M (83%); Gas Services brought in $64.5M (17%). Of every dollar of revenue, 6¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Comstock Resources revenue by segment, Q3 2026Comstock Resources revenue by segment, Q3 2026Natural Gas and Oil Sales$320MGas Services$64.5M
Comstock Resources revenue by quarterComstock Resources revenue by quarter$513MQ1 2025$470MQ2 2025$450MQ3 2025$787MQ4 2025$587MQ1 2026$353MQ2 2026$384MQ3 2026
Comstock Resources: where each dollar of revenue goesComstock Resources: where each dollar of revenue goesOperating profit6¢Income tax4¢Net earnings6¢Operating cash flow47¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Natural Gas and Oil Sales$320M83.2%+11%+4%
Gas Services$64.5M16.8%+2%-54%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$384M100.0%
Operating profit$22.9M6.0%
Income tax$14.0M3.6%
Net earnings$22.3M5.8%
Operating cash flow$180M46.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$384M-14%
Q2 2026$353M-25%
Q1 2026$587M+14%
Q4 2025$787M+114%
Q3 2025$450M+48%
Q2 2025$470M+90%
Q1 2025$513M+53%

From Comstock Resources' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Comstock Resources make money?

Comstock Resources (CRK) made $384M of revenue in the third quarter 2026 (Q3 2026), -15% from a year earlier. Natural Gas and Oil Sales brought in $320M (83%); Gas Services brought in $64.5M (17%). Of every dollar of revenue, 6¢ was left as operating profit, 6¢ was left as net earnings.

What is Comstock Resources' biggest business?

Natural Gas and Oil Sales: $320M in the third quarter 2026, 83% of revenue, +4% from a year earlier.

What is Comstock Resources' profit margin?

Net earnings were $22.3M, 5.8% of revenue, in the third quarter 2026; the operating margin was 6.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.