Apa (APA) Operating Income (2020 - 2026)
Apa's Operating Income was $1.16 billion in Q2 2026, up 86.3% from $620 million a year earlier and up 73.9% from the prior quarter.
Apa (APA) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apa's Operating Income was $2.31 billion through Jun 30, 2026; for FY2025, it came in at $1.3 billion.
- In earlier years, Operating Income was $56 million in FY2024 (-96.9%), $1.81 billion in FY2023 (-49.7%), $3.59 billion in FY2022 and $47 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income since Q1 2022.
- Compared with a year earlier, Operating Income was higher in three of the last five quarters, with growth averaging 49.4%.
- The best year-over-year quarter for Operating Income over five years was Q2 2022 (growth of 443.0%); the worst was Q4 2024 (a decline of 94.8%).
- Per Business Quant data, APA's Operating Income in the three quarters before Q2 2026 was $664 million (Q1 2026), $275 million (Q4 2025) and $217 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 26.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 1.37 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 5.33 Bn |
| 10 | Apa | 14.55 Bn | 13.75 Bn | 2.28 Bn | 1.16 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| Mar 31, 2026 | 664.00 Mn |
| Dec 31, 2025 | 275.00 Mn |
| Sep 30, 2025 | 217.00 Mn |
| Jun 30, 2025 | 620.00 Mn |
| Mar 31, 2025 | 185.00 Mn |
| Dec 31, 2024 | 14.00 Mn |
| Sep 30, 2024 | -755.00 Mn |
| Jun 30, 2024 | 597.00 Mn |
| Mar 31, 2024 | 200.00 Mn |
| Dec 31, 2023 | 267.00 Mn |
| Sep 30, 2023 | 533.00 Mn |
| Jun 30, 2023 | 491.00 Mn |
| Mar 31, 2023 | 516.00 Mn |
| Dec 31, 2022 | 111.00 Mn |
| Sep 30, 2022 | 599.00 Mn |
| Jun 30, 2022 | 934.00 Mn |
| Mar 31, 2022 | 1.87 Bn |
| Dec 31, 2021 | 149.00 Mn |
| Sep 30, 2021 | -342.00 Mn |
Apa Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=APA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "APA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();