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Talos Energy Inc.

talosenergy.com

How Do They Make Money?

revenue
SegmentShareRevenue
Oil
88%
FY2022: 83%
Natural Gas
9.5%
FY2022: 14%
NGL (MBbls)
2.8%
FY2022: 3.6%

Do Revenues Turn Into Profits?

No. It lost $494.3M in FY2025.

Operating income, FY2025
−31% of revenue
▼ Now a loss vs FY2024 ($172.9M, 9%)
Net income, FY2025
−28% of revenue
▲ +547% (Loss) vs FY2024 (−$76.4M, −4%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +57%
vs $424.7M in Q2 FY2025
Net income
▲ Now profitable
vs −$185.9M in Q2 FY2025
Oil share of revenues from external customers vs 87.9% in Q2 FY2025
Revenue over time
Oil Natural Gas NGL (MBbls)
$2B$1B$0

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