HighPeak Energy, Inc. (HPK) Financial Statements
Industry: Drilling Oil & Gas Wells
In fiscal 2025, HighPeak Energy reported revenue of $863.4M, down 19.3% from $1.07B the year before. Net income was $19.0M (a 2.2% net margin), or $0.14 per diluted share. Gross margin was 17.7% and operating margin was 17.4%. Operating activities generated $511.6M of cash. At fiscal year end, HighPeak Energy held $3.21B in total assets against $1.62B in total liabilities, including $162.1M of cash and equivalents.
Open the full interactive HighPeak Energy financials → Quarterly statements, key ratios, valuation history and price charts.
HighPeak Energy Key Stats
| Share Price | $10.11 |
|---|---|
| Market Cap | $1.28B |
| P/E Ratio | 72.2 |
| Dividend Yield | 0.86% |
| Revenue YoY Growth | -19.3% |
| 52-Week Range | $3.89 – $10.11 |
| Shares Outstanding | 125.3 million (basic, 2026 Q2) |
HighPeak Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $24.6M | $220.1M | $755.7M | $1.11B | $1.07B | $863.4M |
| Cost of Goods Sold | $53.8M | $118.3M | $333.1M | $676.6M | $728.2M | $710.5M |
| Gross Profit | -$29.2M | $101.8M | $422.6M | $434.7M | $341.2M | $152.8M |
| Operating Income | -$29.2M | $101.8M | $422.6M | $426.5M | $337.4M | $150.0M |
| Pre-Tax Income | -$105.7M | $72.5M | $312.2M | $281.8M | $130.9M | $26.2M |
| Income Tax | -$4.2M | $16.9M | $75.4M | $65.9M | $35.9M | $7.2M |
| Net Income | -$101.5M | $55.6M | $236.9M | $215.9M | $95.1M | $19.0M |
| Diluted EPS | — | $0.54 | $1.93 | $1.58 | $0.67 | $0.14 |
HighPeak Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $188.9M | $216.6M | $215.9M | $272.4M |
| Net Income | -$18.3M | -$25.2M | -$127.4M | $82.3M |
| Diluted EPS | -$0.15 | -$0.20 | -$1.02 | $0.59 |
HighPeak Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $19.6M | $34.9M | $30.5M | $194.5M | $86.6M | $162.1M |
| Current Assets | $33.3M | $87.0M | $144.5M | $328.8M | $195.0M | $259.9M |
| Total Assets | $537.9M | $819.0M | $2.28B | $3.08B | $3.06B | $3.21B |
| Current Liabilities | $22.4M | $103.0M | $266.1M | $287.4M | $284.6M | $230.3M |
| Total Long-Term Debt | — | $97.9M | $704.3M | $1.15B | $1.05B | $1.19B |
| Total Liabilities | $63.7M | $265.9M | $1.11B | $1.53B | $1.46B | $1.62B |
| Shareholders' Equity | $474.2M | $553.1M | $1.17B | $1.55B | $1.60B | $1.59B |
HighPeak Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.3M | $147.0M | $504.0M | $756.4M | $690.4M | $511.6M |
| Cash From Investing | -$139.8M | -$250.4M | -$1.18B | -$1.13B | -$620.8M | -$515.3M |
| Cash From Financing | $135.4M | $118.7M | $674.0M | $533.6M | -$177.4M | $79.2M |
| Dividends Paid | — | $11.6M | $10.4M | $11.9M | $20.1M | $20.9M |
Figures from HighPeak Energy's 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 HighPeak Energy financials page for every line item.
HighPeak Energy Company Profile
| Ticker | HPK |
|---|---|
| Exchange | Nasdaq |
| Industry | Drilling Oil & Gas Wells |
| Headquarters | Fort Worth, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001792849 |
Frequently Asked Questions
What was HighPeak Energy's revenue in fiscal 2025?
HighPeak Energy (HPK) reported revenue of $863.4M for fiscal 2025.
What is HighPeak Energy's annual revenue history?
HighPeak Energy's annual revenue by fiscal year: 2020: $24.6M; 2021: $220.1M; 2022: $755.7M; 2023: $1.11B; 2024: $1.07B; 2025: $863.4M.
What was HighPeak Energy's net income in fiscal 2025?
HighPeak Energy reported net income of $19.0M for fiscal 2025.
What was HighPeak Energy's earnings per share (EPS) in fiscal 2025?
HighPeak Energy's diluted EPS was $0.14 for fiscal 2025 (adjusted for any later stock splits).
What was HighPeak Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), HighPeak Energy reported revenue of $272.4M.
How much debt does HighPeak Energy have?
HighPeak Energy reported $1.19B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of HighPeak Energy are outstanding?
HighPeak Energy reported a weighted average of 125.3 million basic shares outstanding in 2026 Q2.
What is HighPeak Energy's market cap?
Based on its latest closing price, HighPeak Energy (HPK) has a market capitalization of about $1.28B.
When does HighPeak Energy's fiscal year end?
HighPeak Energy's fiscal year end, as registered with the SEC, is December 31.
Where is HighPeak Energy headquartered?
HighPeak Energy lists its business address in Fort Worth, Texas in its SEC filings.