Comstock Resources Inc (CRK) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Comstock Resources reported revenue of $2.22B, up 77.0% from $1.25B the year before. Net income was $395.6M (a 17.8% net margin), or $1.43 per diluted share. Operating margin was 29.1%. Operating activities generated $899.6M of cash, leaving -$449.7M of free cash flow. At fiscal year end, Comstock Resources held $7.01B in total assets against $4.04B in total liabilities, including $23.9M of cash and equivalents.
Open the full interactive Comstock Resources financials → Quarterly statements, key ratios, valuation history and price charts.
Comstock Resources Key Stats
| Share Price | $14.19 |
|---|---|
| Market Cap | $4.14B |
| P/E Ratio | 9.9 |
| Revenue YoY Growth | +77.0% |
| 52-Week Range | $12.32 – $27.37 |
| Shares Outstanding | 291.6 million (basic, 2026 Q2) |
Comstock Resources Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $858.2M | $1.85B | $3.63B | $1.57B | $1.25B | $2.22B |
| Operating Income | $163.0M | $900.8M | $2.28B | $226.6M | -$168.6M | $645.9M |
| Pre-Tax Income | -$61.6M | -$230.3M | $1.40B | $247.0M | -$367.8M | $508.7M |
| Income Tax | -$9.2M | $11.4M | $261.1M | $35.1M | -$149.1M | $88.5M |
| Net Income | -$52.4M | -$241.7M | $1.14B | $211.1M | -$229.7M | $395.6M |
| Diluted EPS | -$0.39 | -$1.12 | $4.11 | $0.76 | -$0.76 | $1.43 |
Comstock Resources Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $449.9M | $787.3M | $587.4M | $353.3M |
| Net Income | $111.1M | $280.9M | $107.5M | $8.8M |
| Diluted EPS | $0.40 | $0.96 | $0.38 | $0.03 |
Comstock Resources Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.3M | $30.7M | $54.7M | $16.7M | $6.8M | $23.9M |
| Current Assets | $199.8M | $318.7M | $645.0M | $461.5M | $284.0M | $360.9M |
| Total Assets | $4.62B | $4.67B | $5.69B | $6.25B | $6.38B | $7.01B |
| Current Liabilities | $441.6M | $634.0M | $756.1M | $681.5M | $612.9M | $729.5M |
| Total Long-Term Debt | $2.52B | $2.62B | $2.15B | $2.64B | $2.95B | $2.81B |
| Total Liabilities | $3.18B | $3.48B | $3.42B | $3.87B | $4.05B | $4.04B |
| Shareholders' Equity | $1.27B | $1.01B | $2.28B | $2.36B | $2.24B | $2.65B |
Comstock Resources Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $575.7M | $859.0M | $1.70B | $1.02B | $620.3M | $899.6M |
| Cash From Investing | -$511.2M | -$550.8M | -$1.10B | -$1.42B | -$1.08B | -$915.4M |
| Cash From Financing | -$52.8M | -$307.8M | -$576.7M | $363.0M | $454.1M | $32.9M |
| Free Cash Flow | $66.0M | $169.8M | $630.6M | -$408.2M | -$477.1M | -$449.7M |
Figures from Comstock Resources' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Comstock Resources financials page for every line item.
Comstock Resources Company Profile
| Ticker | CRK |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Frisco, Texas |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000023194 |
Frequently Asked Questions
What was Comstock Resources' revenue in fiscal 2025?
Comstock Resources (CRK) reported revenue of $2.22B for fiscal 2025.
What is Comstock Resources' annual revenue history?
Comstock Resources' annual revenue by fiscal year: 2020: $858.2M; 2021: $1.85B; 2022: $3.63B; 2023: $1.57B; 2024: $1.25B; 2025: $2.22B.
What was Comstock Resources' net income in fiscal 2025?
Comstock Resources reported net income of $395.6M for fiscal 2025.
What was Comstock Resources' earnings per share (EPS) in fiscal 2025?
Comstock Resources' diluted EPS was $1.43 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Comstock Resources generate in fiscal 2025?
Comstock Resources generated -$449.7M of free cash flow in fiscal 2025.
What was Comstock Resources' revenue last quarter?
In its most recent reported quarter (2026 Q2), Comstock Resources reported revenue of $353.3M.
How much debt does Comstock Resources have?
Comstock Resources reported $2.81B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Comstock Resources are outstanding?
Comstock Resources reported a weighted average of 291.6 million basic shares outstanding in 2026 Q2.
What is Comstock Resources' market cap?
Based on its latest closing price, Comstock Resources (CRK) has a market capitalization of about $4.14B.
When does Comstock Resources' fiscal year end?
Comstock Resources' fiscal year end, as registered with the SEC, is December 31.
Where is Comstock Resources headquartered?
Comstock Resources lists its business address in Frisco, Texas in its SEC filings.