Filing Flows › Kosmos Energy (KOS) › Q4 2025
Kosmos Energy (KOS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Kosmos Energy (KOS) reported revenue of $295M for the fourth quarter 2025 (Q4 2025), -26% from a year earlier and -5% from the quarter before. Operating margin was -126.3%, net loss $377M (128.0% of revenue).
Kosmos Energy, Q4 2025: revenue $295M (-26% year over year), operating margin -126.3%, net loss $377M, operating cash flow $35.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $295M | -5% | -26% |
| Operating profit | −$372M | — | — |
| Net earnings | −$377M | — | — |
| Operating cash flow | $35.3M | — | -80% |
| Free cash flow | $31.5M | — | -97% |
What changed
Revenue was $294.6M in Q4 2025, down 26% year over year and down 5% from the previous quarter.
Operating costs exceeded revenue by $372.2M, an operating margin of -126.3%. Total costs grew 55% against a revenue fall of 26%. The fastest-growing cost line was Other operating costs (+59%). The quarter ended with a net loss of $377.1M, wider than the previous quarter's $124.3M loss.
Operating cash flow was $35.3M (down 80% year over year). Non-cash charges added back $145.5M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items added $259.9M. Capital expenditures of $3.8M left free cash flow of $31.5M.
Questions
What was Kosmos Energy's revenue in the fourth quarter 2025?
Kosmos Energy (KOS) reported revenue of $295M for the fourth quarter 2025 (Q4 2025), -26% from a year earlier and -5% from the quarter before.
Was Kosmos Energy profitable in the fourth quarter 2025?
Operating loss was $372M (-126.3% of revenue) and net loss $377M.
Source: Kosmos Energy 10-K on SEC EDGAR.