APA · News · 20260805N

Net Income and Profitability

APA Corp · 2026-08-05 · Importance 53 · Surprise 48 · In source text

APA reported second-quarter 2026 net income of $747 million, or $2.11 per diluted share, while adjusted EPS was $1.89. Net income increased 24% year over year, supported by higher realized crude prices and operational cost reductions. Free cash flow represented a 31.1% margin, despite flat year-over-year oil production and lower overall output.

Key facts

• APA reported Q2 CY2026 sales of $2.37 billion, missing Wall Street's revenue expectations. source
• APA demonstrated a strong free cash flow margin of 31.1% in Q2 CY2026. source
• Investing.com reported Q2 revenue at $2.4 billion against a consensus of $2.52 billion. source
• Q2 2026 adjusted EPS was $1.89, and net income was up 24% year-over-year, according to GuruFocus. source
• APA came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.85 per share. source
• Investing.com reported APA missed analyst EPS estimates by $0.10 with an EPS of $1.89 versus expected $1.99. source
• Reuters reported APA exceeded second-quarter profit estimates due to elevated crude prices, which offset a decrease in oil and gas output. source

Impact estimates