Imperial Petroleum (IMPP) financial statements
Imperial Petroleum reported revenue of $161M in fiscal 2025, up 51.5% a year over 6 years.
Net income was $50M and the operating margin 24.8%, against -2.8% in 2019.
Free cash flow was $79M.
The diluted share count rose 11281% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Imperial Petroleum's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $13M | $20M | $17M | $97M | $184M | $147M | $161M |
| Selling, general and admin | $331,408 | $219,717 | $614,786 | $2M | $5M | $5M | $5M |
| Operating income | -$374,978 | -$355,411 | -$3M | $30M | $66M | $44M | $40M |
| Interest expense | $7,663 | $10,008 | $145,013 | $2M | $2M | $382,051 | $2M |
| Net income | -$375,184 | -$393,761 | -$4M | $30M | $71M | $50M | $50M |
| EPS (diluted) | -$1.20 | -$1.20 | -$11.87 | $2.88 | $2.93 | $1.40 | $1.29 |
| Diluted shares | 0M | 0M | 0M | 9M | 23M | 33M | 36M |
| Operating margin | -2.8% | -1.8% | -20.1% | 30.7% | 35.9% | 29.9% | 24.8% |
| Net margin | -2.8% | -1.9% | -21.0% | 30.4% | 38.7% | 34.0% | 31.0% |
Balance sheet
Fiscal years, from Imperial Petroleum's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $9M | $6M | $3M | $51M | $92M | $68M | $6M |
| Receivables | — | $665,875 | $1M | $8M | $13M | $13M | $13M |
| Inventory | — | $835,997 | $258,846 | $6M | $7M | $7M | $5M |
| Total current assets | — | $9M | $6M | $134M | $183M | $228M | $199M |
| Property, plant and equipment | $136M | $129M | $120M | $226M | $181M | $208M | $335M |
| Total assets | — | $138M | $128M | $366M | $377M | $450M | $547M |
| Total current liabilities | — | $4M | $9M | $24M | $15M | $29M | $17M |
| Long-term debt | — | — | $23M | $60M | $0 | — | — |
| Total liabilities | — | $4M | $32M | $84M | $15M | $29M | $17M |
| Shareholders' equity | $144M | $134M | $97M | $282M | $362M | $421M | $531M |
| Net debt | -$9M | -$6M | $24M | $19M | -$92M | -$68M | -$6M |
Cash flow
Fiscal years, from Imperial Petroleum's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $9M | $9M | $5M | $41M | $80M | $78M | $81M |
| Capital spending | — | $728,000 | $142,600 | $119M | $28M | $75M | $2M |
| Free cash flow | — | $8M | $5M | -$78M | $51M | $3M | $79M |
| Stock-based compensation | — | — | — | $117,256 | $2M | $3M | $3M |
| Share buybacks (net) | — | — | — | — | -$6M | -$3M | $0 |
| Net borrowing | — | $0 | $2M | $42M | -$70M | $0 | $0 |
| Free cash flow margin | — | 40.1% | 29.4% | -80.2% | 28.0% | 2.0% | 49.1% |
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Open IMPP in InvestinglyQuestions
What was Imperial Petroleum's revenue in 2025?
$161M in fiscal 2025, from its 10-K filing.
How much free cash flow does Imperial Petroleum generate?
$79M in fiscal 2025 (operating cash flow minus capital spending).
From Imperial Petroleum's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.