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Talos Energy (TALO) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS E&P · DATA UPDATED 2026-08-30

Talos Energy (TALO) operates in the OIL & GAS E&P industry and is headquartered in Houston, United States with about 700 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, TALO reported $1.8B in revenue and ($496M) in net income.

Talos Energy Inc., through its subsidiaries, engages in the exploration and production of oil and gas in the United States and Mexico. The company operates through two segments: Upstream, and Carbon Capture and Sequestration. It also engages in the exploration and production of natural gas liquid. Talos Energy Inc.

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TALO Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Total Revenue$2.0B$1.8B$2.0B$1.5B$1.7B$1.2B$576M$908M$891M$410M$250M$310M
Gross Profit$610M$51M$383M$402M$926M$562M($36M)$317M$455M$142M($1M)($77M)
Gross Margin %30.8%2.9%19.4%27.6%56.0%45.1%-6.3%34.9%51.0%34.7%-0.5%-25.0%
Operating Income (EBIT)$64M($106M)$173M$210M$736M$375M($421M)$213M$253M$45M($81M)($778M)
Operating Margin %3.2%-5.9%8.8%14.4%44.6%30.1%-73.2%23.5%28.4%11.0%-32.3%-251.1%
Net Income($407M)($496M)($76M)$187M$382M($183M)($466M)$59M$222M($63M)($208M)($647M)
Net Margin %-20.6%-27.9%-3.9%12.8%23.1%-14.7%-80.8%6.5%24.9%-15.3%-83.3%-208.8%
EBITDA$656M$740M$1.3B$1.1B$966M$403M$83M$501M$678M$195M$9M($363M)
Earnings Per Share (EPS)$-2.36$-2.83$-0.44$1.55$4.56$-2.24$-6.88$1.08$4.81$-1.16$-3.84$-11.94
Shares Outstanding (M)170M175M176M121M84M82M68M54M46M54M54M54M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TALO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$665M$472M$392M$450M$425M$513M$485M$509M
Gross Profit$509M$78M($31M)$54M$18M$104M$100M$71M
Gross Margin %76.6%16.5%-7.9%11.9%4.2%20.3%20.7%14.0%
Operating Income (EBIT)$198M$26M($74M)($86M)($274M)$43M$27M$24M
Operating Margin %29.8%5.4%-18.8%-19.1%-64.4%8.5%5.6%4.6%
Net Income$150M($256M)($205M)($96M)($186M)($10M)($65M)$88M
Net Margin %22.5%-54.2%-52.2%-21.3%-43.8%-1.9%-13.3%17.3%
EBITDA$392M($95M)$145M$214M$120M$343M$292M$456M
Earnings Per Share (EPS)$0.88$-1.52$-1.17$-0.55$-1.05$-0.05$-0.36$0.49
Shares Outstanding (M)170M168M175M173M177M180M180M181M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TALO Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Cash from Operations (CFO)$791M$936M$963M$519M$710M$411M$302M$394M$263M$176M$116M$138M
Capital Expenditures (CapEx)$460M$482M$509M$561M$323M$293M$363M$463M$241M$155M$113M$246M
Free Cash Flow (FCF)$331M$454M$454M($42M)$387M$118M($61M)($70M)$23M$21M$3M($107M)
FCF Margin %16.7%25.5%23.0%-2.9%23.4%9.5%-10.6%-7.7%2.5%5.1%1.2%-34.7%
Dividends Paid$1M$2M$2M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TALO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$301M$174M$202M$114M$352M$268M$349M$227M
Capital Expenditures (CapEx)$102M$152M$120M$85M$147M$129M$154M$86M
Free Cash Flow (FCF)$199M$22M$82M$29M$204M$139M$196M$141M
FCF Margin %29.9%4.6%20.8%6.4%48.1%27.1%40.3%27.8%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TALO Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Total Assets$5.4B$5.6B$6.2B$4.8B$3.1B$2.8B$2.8B$2.6B$2.5B$1.2B$1.2B$1.4B
Cash & Cash Equivalents$578M$363M$108M$34M$44M$70M$34M$87M$140M$32M$32M$11M
Total Liabilities$3.4B$3.4B$3.4B$2.7B$1.9B$2.0B$1.9B$1.5B$1.5B$1.3B$1.2B$1.4B
Total Debt (Short + Long-Term)$1.2B$1.2B$1.2B$1.0B$587M$964M$987M$735M$655M$698M$1.4B$690M
Total Shareholders' Equity$2.0B$2.2B$2.8B$2.2B$1.2B$761M$927M$1.1B$1.0B($54M)$7M($40M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TALO viewer.

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