Talos Energy (TALO) financial statements
Talos Energy reported revenue of $1.8B in fiscal 2025, up 23.9% a year over 9 years.
Net income was -$494M and the operating margin -31.5%, against -31.2% in 2016.
The diluted share count rose 573% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Talos Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $259M | $413M | $891M | $908M | $576M | $1.2B | $1.7B | $1.5B | $2.0B | $1.8B |
| Selling, general and admin | $29M | $37M | $86M | $77M | $79M | $79M | $100M | $158M | $202M | $155M |
| Operating income | -$81M | $45M | $253M | $213M | -$421M | $375M | $736M | $210M | $173M | -$560M |
| Interest expense | $70M | $81M | $90M | $98M | $99M | $133M | $125M | $173M | $188M | $163M |
| Pre-tax income | -$208M | -$63M | $224M | $23M | -$430M | -$185M | $384M | $127M | -$71M | -$604M |
| Income tax | — | — | $3M | -$36M | $36M | -$2M | $3M | -$61M | $5M | -$109M |
| Net income | -$208M | -$63M | $222M | $59M | -$466M | -$183M | $382M | $187M | -$76M | -$494M |
| EPS (diluted) | -$7.99 | -$2.01 | $4.81 | $1.08 | -$6.88 | -$2.24 | $4.56 | $1.55 | -$0.44 | -$2.82 |
| Diluted shares | 26M | 31M | 46M | 54M | 68M | 82M | 84M | 121M | 176M | 175M |
| Operating margin | -31.2% | 11.0% | 28.4% | 23.5% | -73.2% | 30.1% | 44.6% | 14.4% | 8.8% | -31.5% |
| Net margin | -80.4% | -15.2% | 24.9% | 6.5% | -80.8% | -14.7% | 23.1% | 12.8% | -3.9% | -27.8% |
Balance sheet
Fiscal years, from Talos Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $33M | $32M | $140M | $87M | $34M | $70M | $44M | $34M | $108M | $363M |
| Receivables | — | $63M | $103M | $108M | $106M | $173M | $151M | $179M | $237M | $323M |
| Inventory | — | $840,000 | — | — | — | — | — | — | — | — |
| Total current assets | — | $145M | $417M | $294M | $247M | $340M | $368M | $422M | $659M | $841M |
| Property, plant and equipment | — | $1.1B | $2.1B | $2.2B | $2.5B | $2.4B | $2.6B | $4.0B | $5.2B | $4.4B |
| Total assets | — | $1.2B | $2.5B | $2.6B | $2.8B | $2.8B | $3.1B | $4.8B | $6.2B | $5.6B |
| Total current liabilities | — | $323M | $380M | $370M | $448M | $601M | $607M | $579M | $723M | $645M |
| Long-term debt | — | $673M | $655M | $733M | $986M | $957M | $585M | $993M | $1.2B | $1.2B |
| Total liabilities | — | $1.3B | $1.5B | $1.5B | $1.9B | $2.0B | $1.9B | $2.7B | $3.4B | $3.4B |
| Shareholders' equity | $7M | -$54M | $1.0B | $1.1B | $927M | $761M | $1.2B | $2.2B | $2.8B | $2.2B |
| Net debt | -$33M | $665M | $515M | $646M | $951M | $893M | $541M | $992M | $1.1B | $863M |
Cash flow
Fiscal years, from Talos Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $116M | $176M | $263M | $394M | $302M | $411M | $710M | $519M | $963M | $936M |
| Stock-based compensation | $1M | $875,000 | $3M | $7M | $9M | $11M | $16M | $13M | $14M | $18M |
| Share buybacks (net) | — | — | — | — | — | $0 | $0 | -$48M | -$45M | -$119M |
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What was Talos Energy's revenue in 2025?
$1.8B in fiscal 2025, from its 10-K filing.
From Talos Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.