Highpeak Energy Acquisition (HPK) financial statements
Highpeak Energy Acquisition reported revenue of $863M in fiscal 2025, up 154.3% a year over 5 years.
Net income was $19M and the operating margin 17.4%, against -142.7% in 2019.
The diluted share count rose 32% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Highpeak Energy Acquisition's 10-K filings with the SEC.
| Fiscal year | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $8M | $220M | $756M | $1.1B | $1.1B | $863M |
| Selling, general and admin | $9M | $9M | $12M | $17M | $20M | $25M |
| Operating income | -$12M | $102M | $423M | $426M | $337M | $150M |
| Interest expense | — | $2M | $51M | $148M | $169M | $147M |
| Pre-tax income | -$12M | $72M | $312M | $282M | $131M | $26M |
| Income tax | — | $17M | $75M | $66M | $36M | $7M |
| Net income | -$12M | $56M | $237M | $216M | $95M | $19M |
| EPS (diluted) | — | $0.54 | $1.93 | $1.58 | $0.67 | $0.14 |
| Diluted shares | — | 95M | 111M | 123M | 129M | 125M |
| Operating margin | -142.7% | 46.2% | 55.9% | 37.7% | 30.2% | 17.4% |
| Net margin | -142.7% | 25.2% | 31.3% | 19.1% | 8.5% | 2.2% |
Balance sheet
Fiscal years, from Highpeak Energy Acquisition's 10-K filings with the SEC.
| Fiscal year | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $23M | $35M | $31M | $195M | $87M | $162M |
| Receivables | $3M | $39M | $97M | $95M | $85M | $56M |
| Inventory | $184,000 | $3M | $13M | $7M | $11M | $8M |
| Total current assets | $92M | $87M | $145M | $329M | $195M | $260M |
| Property, plant and equipment | $1M | $2M | $4M | $4M | $3M | $3M |
| Total assets | $498M | $819M | $2.3B | $3.1B | $3.1B | $3.2B |
| Total current liabilities | $31M | $103M | $266M | $287M | $285M | $230M |
| Long-term debt | — | $98M | $704M | $1.0B | $928M | $1.1B |
| Total liabilities | — | $266M | $1.1B | $1.5B | $1.5B | $1.6B |
| Shareholders' equity | — | $553M | $1.2B | $1.6B | $1.6B | $1.6B |
| Net debt | -$23M | $63M | $674M | $956M | $962M | $1.0B |
Cash flow
Fiscal years, from Highpeak Energy Acquisition's 10-K filings with the SEC.
| Fiscal year | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$772,000 | $147M | $504M | $756M | $690M | $512M |
| Stock-based compensation | — | $7M | $33M | $26M | $13M | $619,000 |
| Dividends paid | — | $12M | $10M | $12M | $20M | $21M |
| Share buybacks (net) | — | — | $0 | $0 | -$35M | $0 |
| Net borrowing | — | $120M | — | — | — | — |
| Dividends per share | — | $0.12 | $0.09 | $0.10 | $0.16 | $0.17 |
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What was Highpeak Energy Acquisition's revenue in 2025?
$863M in fiscal 2025, from its 10-K filing.
From Highpeak Energy Acquisition's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.