Matador Resources Company
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $3.70B | $3.50B | $2.81B | $3.06B | $1.66B | $862.1M | $983.7M |
| Cost of Revenue | — | $208.1M | $167.4M | $124.0M | $95.5M | $61.5M | $41.5M | — |
| Gross Profit | — | $3.49B | $3.34B | $2.68B | $2.96B | $1.60B | $820.6M | — |
| Gross Margin | — | 94.4% | 95.2% | 95.6% | 96.9% | 96.3% | 95.2% | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $137.1M | $127.5M | $110.4M | $116.2M | $96.4M | $62.6M | $80.1M |
| Operating Income | — | $1.23B | $1.43B | $1.21B | $1.76B | $793.1M | $-521.5M | $235.5M |
| Operating Margin | — | 33.2% | 40.9% | 43.1% | 57.5% | 47.7% | -60.5% | 23.9% |
| Interest Expense | — | — | — | $121.5M | $67.2M | $74.7M | $76.7M | $73.9M |
| Pretax Income | — | $1.03B | $1.26B | $1.10B | $1.69B | $715.3M | $-599.2M | $158.5M |
| Income Tax Expense | — | $172.7M | $292.4M | $186.0M | $399.4M | $74.7M | $-45.6M | $35.5M |
| Net Income | — | $759.2M | $885.3M | $846.1M | $1.21B | $585.0M | $-593.2M | $87.8M |
| Net Margin | — | 20.5% | 25.3% | 30.1% | 39.7% | 35.2% | -68.8% | 8.9% |
| EPS (Basic) | — | $6.10 | $7.16 | $7.10 | $10.28 | $5.00 | $-5.11 | $0.75 |
| EPS (Diluted) | — | $6.09 | $7.14 | $7.05 | $10.11 | $4.91 | $-5.11 | $0.75 |
| Shares Outstanding (Basic) | 124.2M | 124.6M | 123.6M | 119.1M | 118.1M | 117.0M | 116.1M | 116.6M |
| Shares Outstanding (Diluted) | 124.2M | 124.6M | 124.1M | 120.0M | 120.1M | 119.2M | 116.1M | 117.1M |
| Dividends Per Share | — | $1.31 | $0.85 | $0.65 | $0.30 | $0.13 | — | — |