--- title: "APA Corporation: Metrics Guide" description: "APA Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/apa-corporation/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # APA Corporation: Financial & Operating Metrics Guide ## Direct Answer APA Corporation reported revenue of $9.2 billion for the fiscal year ended December 31, 2025, net income of $1.4 billion, according to its SEC filings. Revenue fell 5.3% from the prior year. ## What Are APA Corporation's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | | --- | --- | --- | --- | | Revenue | $9.2 billion | $9.7 billion | $8.2 billion | | Operating income | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | | Net income | $1.4 billion | $804 million | $2.9 billion | | Net margin | 15.6% | 8.3% | 34.9% | | Operating cash flow | $4.5 billion | $3.6 billion | $3.1 billion | | Capital expenditures | Not reported | Not reported | Not reported | | Free cash flow | Not reported | Not reported | Not reported | ![Bar chart of APA Corporation revenue, net income for fiscal 2023 to 2025. In fiscal 2025, revenue was $9.2 billion and net income $1.4 billion.](https://www.getswoopr.com/images/charts/apa-corporation-metrics-revenue-profit.webp) *APA Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of APA Corporation net margin for fiscal 2023 to 2025. In fiscal 2025, net margin was 15.6%.](https://www.getswoopr.com/images/charts/apa-corporation-metrics-margins.webp) *APA Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ## What Does APA Corporation's Balance Sheet Show? | Cash and cash equivalents | $516 million | | --- | --- | | Long-term debt | Not reported | | Total assets | $17.8 billion | | Total liabilities | Not reported | | Shareholders' equity | $6.1 billion | | Current ratio | 0.8x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value APA Corporation reported in its Form 10-K filed February 26, 2026 (accession 0001841666-26-000015), read from the SEC's Financial Statement Data Sets. Ratios are computed from those reported values. The filing itself always takes precedence over this summary, and a later amendment can change a figure. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was APA Corporation's revenue in fiscal 2025? APA Corporation reported revenue of $9.2 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is APA Corporation's operating margin? APA Corporation did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did APA Corporation generate? APA Corporation did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here. ## References - [SEC EDGAR: APA Corp Form 10-K filed February 26, 2026](https://www.sec.gov/Archives/edgar/data/1841666/000184166626000015/apa-20251231.htm) - [SEC EDGAR: APA Corp annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1841666&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) - [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets) ## Related Pages - [APA Corporation company dossier](https://www.getswoopr.com/stocks/companies/apa-corporation/) - [APA Corporation financial metrics](https://www.getswoopr.com/stocks/companies/apa-corporation/metrics/) - [APA Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/apa-corporation/risks/) - [APA Corporation peer comparison](https://www.getswoopr.com/stocks/companies/apa-corporation/competitors/) - [APA Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/apa-corporation/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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