Direct Answer

APA Corporation reports revenue across 2 product and service lines in its fiscal 2025 Form 10-K. Oil and Gas Excluding Purchased is the largest, with $7.2 billion of revenue (78% of the total), followed by Oil and Gas Purchased at $1.7 billion (18%).

How Does APA Corporation Make Money?

Oil and Gas Excluding Purchased supplies 78% of revenue, so APA Corporation's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Oil and Gas Purchased grew fastest (+9.7%) and Oil and Gas Excluding Purchased slowest (-11.8%), so the revenue mix tilts toward Oil and Gas Purchased while that gap lasts.

Product or serviceFY2025 revenueFY2024 revenueShare of revenueChange
Oil and Gas Excluding Purchased$7.2 billion$8.2 billion78.4%-11.8%
Oil and Gas Purchased$1.7 billion$1.5 billion18.3%9.7%
Bar chart of APA Corporation revenue by product line for fiscal 2025: Oil and Gas Excluding Purchased 78.4%, Oil and Gas Purchased 18.3%.
APA Corporation revenue by product line as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.

What the Segment Figures Do Not Show

The rows above add up to 97% of APA Corporation's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

Where These Numbers Come From

Every figure on this page is a value APA Corporation reported in the segment note and revenue disclosures of its Form 10-K filed February 26, 2026 (accession 0001841666-26-000015), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

Frequently Asked Questions

What are APA Corporation's main products and services?

In its fiscal 2025 Form 10-K, APA Corporation reports revenue for Oil and Gas Excluding Purchased and Oil and Gas Purchased.

Which part of APA Corporation brings in the most revenue?

Oil and Gas Excluding Purchased, with $7.2 billion of revenue in fiscal 2025, or 78% of the total.

Where does APA Corporation report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed February 26, 2026, alongside management's discussion of each segment's results.

References

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