Apa (APA) Operating Income (2020 - 2026)
Apa's Operating Income was $1.34 billion in Q2 2026, up 22.0% from $1.09 billion a year earlier and up 50.5% from the prior quarter.
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Analysis
Apa (APA) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apa's Operating Income was $3.33 billion through Jun 30, 2026, up 46.8% year-over-year; for FY2025, it came in at $2.9 billion, up 52.7% from FY2024.
- In earlier years, Operating Income was $1.9 billion in FY2024 (-40.5%), $3.2 billion in FY2023 (-47.7%), $6.11 billion in FY2022 (+154.2%) and $2.41 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income since Q2 2022.
- Compared with a year earlier, Operating Income was higher in four of the last six quarters, with growth averaging 13.6%.
- The best year-over-year quarter for Operating Income over five years was Q4 2021 (growth of 341.4%); the worst was Q1 2023 (a decline of 64.0%).
- Per Business Quant data, APA's Operating Income in the three quarters before Q2 2026 was $887 million (Q1 2026), $547 million (Q4 2025) and $557 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 13.93 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -5.11 Bn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 2.14 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 10.38 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 11.96 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 8.76 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 7.35 Bn |
| 10 | Apa | 15.51 Bn | 14.18 Bn | 2.48 Bn | 1.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.24 Bn |
| Jun 30, 2026 | 1.34 Bn |
| Mar 31, 2026 | 887.00 Mn |
| Dec 31, 2025 | 547.00 Mn |
| Sep 30, 2025 | 557.00 Mn |
| Jun 30, 2025 | 1.09 Bn |
| Mar 31, 2025 | 820.00 Mn |
| Dec 31, 2024 | 591.00 Mn |
| Sep 30, 2024 | -240.00 Mn |
| Jun 30, 2024 | 1.03 Bn |
| Mar 31, 2024 | 523.00 Mn |
| Dec 31, 2023 | 617.00 Mn |
| Sep 30, 2023 | 914.00 Mn |
| Jun 30, 2023 | 782.00 Mn |
| Mar 31, 2023 | 882.00 Mn |
| Dec 31, 2022 | 878.00 Mn |
| Sep 30, 2022 | 1.25 Bn |
| Jun 30, 2022 | 1.54 Bn |
| Mar 31, 2022 | 2.45 Bn |
| Dec 31, 2021 | 746.00 Mn |
API Access
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_KEYimport 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();