Matador Resources Co (MTDR) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Matador Resources reported revenue of $3.70B, up 5.5% from $3.50B the year before. Net income was $759.2M (a 20.5% net margin), or $6.09 per diluted share. Gross margin was 94.4% and operating margin was 33.2%. Operating activities generated $2.43B of cash, leaving $269.6M of free cash flow. At fiscal year end, Matador Resources held $11.71B in total assets against $6.05B in total liabilities, including $15.3M of cash and equivalents.
Open the full interactive Matador Resources financials → Quarterly statements, key ratios, valuation history and price charts.
Matador Resources Key Stats
| Share Price | $55.88 |
|---|---|
| Market Cap | $6.94B |
| P/E Ratio | 9.2 |
| Revenue YoY Growth | +5.5% |
| 52-Week Range | $36.03 – $64.51 |
| Shares Outstanding | 124.2 million (basic, 2026 Q2) |
Matador Resources Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $862.1M | $1.66B | $3.06B | $2.81B | $3.50B | $3.70B |
| Cost of Goods Sold | $1.38B | $869.9M | $95.5M | $128.9M | $171.5M | $208.1M |
| Gross Profit | -$521.5M | $793.1M | $2.96B | $2.68B | $3.33B | $3.49B |
| Operating Income | -$521.5M | $793.1M | $1.76B | $1.21B | $1.43B | $1.23B |
| Pre-Tax Income | -$599.2M | $715.3M | $1.69B | $1.10B | $1.26B | $1.03B |
| Income Tax | -$45.6M | $74.7M | $399.4M | $186.0M | $292.4M | $172.7M |
| Net Income | -$593.2M | $585.0M | $1.21B | $846.1M | $885.3M | $759.2M |
| Diluted EPS | -$5.11 | $4.91 | $10.11 | $7.05 | $7.14 | $6.09 |
Matador Resources Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $939.0M | $848.0M | $671.6M | $1.19B |
| Net Income | $176.4M | $192.5M | -$35.9M | $390.7M |
| Diluted EPS | $1.42 | $1.55 | -$0.29 | $3.15 |
Matador Resources Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $57.9M | $48.1M | $505.2M | $52.7M | $23.0M | $15.3M |
| Current Assets | $261.6M | $371.3M | $1.07B | $715.9M | $927.3M | $816.6M |
| Total Assets | $3.69B | $4.26B | $5.55B | $7.73B | $10.85B | $11.71B |
| Current Liabilities | $290.9M | $464.8M | $575.9M | $685.3M | $995.4M | $1.03B |
| Total Long-Term Debt | $774.0M | $485.0M | $465.0M | $2.21B | $3.33B | $3.40B |
| Total Liabilities | $2.40B | $2.35B | $2.44B | $3.82B | $5.76B | $6.05B |
| Shareholders' Equity | $1.29B | $1.91B | $3.11B | $3.91B | $5.09B | $5.66B |
Matador Resources Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $477.6M | $1.05B | $1.98B | $1.87B | $2.25B | $2.43B |
| Cash From Investing | -$775.7M | -$729.3M | -$1.04B | -$3.21B | -$3.67B | -$2.16B |
| Cash From Financing | $324.3M | -$328.6M | -$480.9M | $902.3M | $1.41B | -$282.6M |
| Free Cash Flow | -$244.3M | $215.4M | $915.5M | -$1.36B | -$1.66B | $269.6M |
Figures from Matador 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 Matador Resources financials page for every line item.
Matador Resources Company Profile
| Ticker | MTDR |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Dallas, Texas |
| Incorporated in | Texas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001520006 |
Frequently Asked Questions
What was Matador Resources' revenue in fiscal 2025?
Matador Resources (MTDR) reported revenue of $3.70B for fiscal 2025.
What is Matador Resources' annual revenue history?
Matador Resources' annual revenue by fiscal year: 2020: $862.1M; 2021: $1.66B; 2022: $3.06B; 2023: $2.81B; 2024: $3.50B; 2025: $3.70B.
What was Matador Resources' net income in fiscal 2025?
Matador Resources reported net income of $759.2M for fiscal 2025.
What was Matador Resources' earnings per share (EPS) in fiscal 2025?
Matador Resources' diluted EPS was $6.09 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Matador Resources generate in fiscal 2025?
Matador Resources generated $269.6M of free cash flow in fiscal 2025.
What was Matador Resources' revenue last quarter?
In its most recent reported quarter (2026 Q2), Matador Resources reported revenue of $1.19B.
How much debt does Matador Resources have?
Matador Resources reported $3.40B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Matador Resources are outstanding?
Matador Resources reported a weighted average of 124.2 million basic shares outstanding in 2026 Q2.
What is Matador Resources' market cap?
Based on its latest closing price, Matador Resources (MTDR) has a market capitalization of about $6.94B.
When does Matador Resources' fiscal year end?
Matador Resources' fiscal year end, as registered with the SEC, is December 31.
Where is Matador Resources headquartered?
Matador Resources lists its business address in Dallas, Texas in its SEC filings.