Revenue
1.17 billion USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 1173423000 USD Source
Fundies. English
Matador Resources Company
EDGARAnnual consolidated revenue for 2025: about USD 3.657B, using the latest reported figures. The previous period, 2024, was about USD 3.479B.
Latest quarter
Operating margin
49.2%
2026 Q2 · %
Operating cash flow
937 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 26.3 million USD Source
Exact value
26318000 USD
- Long-term debt including current maturities
- 4.22 billion USD Source
Exact value
4216410000 USD
- Shares outstanding
- 124 million shares Source
Exact value
123998298 shares
Reported share-count change
-0.14% · -178 thousand shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
3.84 billion USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Net income
724 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
2.6 billion USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: 1950566000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 1228906000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: 2425015000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 1950566000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 470546000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 1407674000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 470546000 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-21.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 11 of 11 periods available· newest 2025-12-31
- Operating income: 11 of 11 periods available· newest 2025-12-31
- Net income: 11 of 11 periods available· newest 2025-12-31
- Operating cash flow: 11 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 11 of 11 periods available· newest 2025-12-31
- liabilities: No compatible figures in this window
- Current assets: 11 of 11 periods available· newest 2025-12-31
- Current liabilities: 11 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 4 of 11 periods available· newest 2025-12-31
- Shares outstanding: 11 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+5.1%Prior period
USD 3.48 billion
–
Current period
USD 3.66 billion
–
Exact inputs and evidence
3656514000 − 3478958000 = 177556000 USD
3478958000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source3656514000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
-14.2%Prior period
USD 885.32 million
–
Current period
USD 759.22 million
–
Exact inputs and evidence
759221000 − 885322000 = -126101000 USD
885322000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source759221000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+7.9%Prior period
USD 2.25 billion
–
Current period
USD 2.43 billion
–
Exact inputs and evidence
2425015000 − 2246885000 = 178130000 USD
2246885000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source2425015000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 3.66 billion 100% of revenue
- Cost of revenue USD 208.14 million 5.7% of revenue
- Operating expenses USD 623.95 million 17% of revenue
- Other operating costs Derived USD 1.6 billion 44% of revenue
- Operating income USD 1.23 billion 34% of revenue
- Tax, interest and other Derived USD 467.32 million 13% of revenue
- Net income USD 759.22 million 21% of revenue
Cash
- Operating cash flow USD 2.43 billion 66% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2016 Operating loss: operating costs were 167% of revenue.
- 2017 23%70%
- 2018 33%11%56%
- 2019 14%77%
- 2020 Operating loss: operating costs were 161% of revenue.
- 2021 31%11%57%
- 2022 38%17%45%
- 2023 30%13%57%
- 2024 25%16%59%
- 2025 21%13%66%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | 264422000 | 441589000 Derived | -177167000 | -79746000 Derived | -97421000 | Unavailable | Source
|
| 2017 2017-01-01 – 2017-12-31 | 544276000 | 383435000 Derived | 160841000 | 34974000 Derived | 125867000 | Unavailable | Source
|
| 2018 2018-01-01 – 2018-12-31 | 829691000 | 466420000 Derived | 363271000 | 89064000 Derived | 274207000 | Unavailable | Source
|
| 2019 2019-01-01 – 2019-12-31 | 1026204000 | 790724000 Derived | 235480000 | 147703000 Derived | 87777000 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 851135000 | 1372634000 Derived | -521499000 | 71706000 Derived | -593205000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 1862075000 | 1068999000 Derived | 793076000 | 208108000 Derived | 584968000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 3196699000 | 1437429000 Derived | 1759270000 | 545064000 Derived | 1214206000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 2817621000 | 1608299000 Derived | 1209322000 | 363248000 Derived | 846074000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 3478958000 | 2044260000 Derived | 1434698000 | 549376000 Derived | 885322000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 3656514000 | 2429972000 Derived | 1226542000 | 467321000 Derived | 759221000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 3.7B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Revenue | 264422000 |
|
| 2017 | Revenue | 544276000 |
|
| 2018 | Revenue | 829691000 |
|
| 2019 | Revenue | 1026204000 |
|
| 2020 | Revenue | 851135000 |
|
| 2021 | Revenue | 1862075000 |
|
| 2022 | Revenue | 3196699000 |
|
| 2023 | Revenue | 2817621000 |
|
| 2024 | Revenue | 3478958000 |
|
| 2025 | Revenue | 3656514000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
5.1% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Year over year | -16.9% |
|
| 2017 | Year over year | 105.8% |
|
| 2018 | Year over year | 52.4% |
|
| 2019 | Year over year | 23.7% |
|
| 2020 | Year over year | -17.1% |
|
| 2021 | Year over year | 118.8% |
|
| 2022 | Year over year | 71.7% |
|
| 2023 | Year over year | -11.9% |
|
| 2024 | Year over year | 23.5% |
|
| 2025 | Year over year | 5.1% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 33.5% 2025
Net margin 20.8% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Operating margin | -67% |
|
| 2017 | Operating margin | 29.6% |
|
| 2018 | Operating margin | 43.8% |
|
| 2019 | Operating margin | 22.9% |
|
| 2020 | Operating margin | -61.3% |
|
| 2021 | Operating margin | 42.6% |
|
| 2022 | Operating margin | 55% |
|
| 2023 | Operating margin | 42.9% |
|
| 2024 | Operating margin | 41.2% |
|
| 2025 | Operating margin | 33.5% |
|
| 2016 | Net margin | -36.8% |
|
| 2017 | Net margin | 23.1% |
|
| 2018 | Net margin | 33% |
|
| 2019 | Net margin | 8.6% |
|
| 2020 | Net margin | -69.7% |
|
| 2021 | Net margin | 31.4% |
|
| 2022 | Net margin | 38% |
|
| 2023 | Net margin | 30% |
|
| 2024 | Net margin | 25.4% |
|
| 2025 | Net margin | 20.8% |
|
| 2016 | Free cash flow margin | Not reported |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 2.4B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Operating cash flow | 134086000 |
|
| 2017 | Operating cash flow | 299125000 |
|
| 2018 | Operating cash flow | 608523000 |
|
| 2019 | Operating cash flow | 552042000 |
|
| 2020 | Operating cash flow | 477582000 |
|
| 2021 | Operating cash flow | 1053355000 |
|
| 2022 | Operating cash flow | 1978739000 |
|
| 2023 | Operating cash flow | 1867828000 |
|
| 2024 | Operating cash flow | 2246885000 |
|
| 2025 | Operating cash flow | 2425015000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2016 | Free cash flow | Unavailable |
|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016-12-31 | Liabilities / assets | Not reported |
|
| 2017-12-31 | Liabilities / assets | Not reported |
|
| 2018-12-31 | Liabilities / assets | Not reported |
|
| 2019-12-31 | Liabilities / assets | Not reported |
|
| 2020-12-31 | Liabilities / assets | Not reported |
|
| 2021-12-31 | Liabilities / assets | Not reported |
|
| 2022-12-31 | Liabilities / assets | Not reported |
|
| 2023-12-31 | Liabilities / assets | Not reported |
|
| 2024-12-31 | Liabilities / assets | Not reported |
|
| 2025-12-31 | Liabilities / assets | Not reported |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.79× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2016 | Current assets / current liabilities | 1.65× |
|
| 2017 | Current assets / current liabilities | 0.91× |
|
| 2018 | Current assets / current liabilities | 0.93× |
|
| 2019 | Current assets / current liabilities | 0.7× |
|
| 2020 | Current assets / current liabilities | 0.9× |
|
| 2021 | Current assets / current liabilities | 0.8× |
|
| 2022 | Current assets / current liabilities | 1.86× |
|
| 2023 | Current assets / current liabilities | 1.04× |
|
| 2024 | Current assets / current liabilities | 0.93× |
|
| 2025 | Current assets / current liabilities | 0.79× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2016 2016-01-01 – 2016-12-31 | −USD 97.42 million Exact valueExact value: -97421000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 134.09 million Exact valueExact value: 134086000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2017 2017-01-01 – 2017-12-31 | USD 125.87 million Exact valueExact value: 125867000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 299.13 million Exact valueExact value: 299125000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2018-01-01 – 2018-12-31 | USD 274.21 million Exact valueExact value: 274207000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 608.52 million Exact valueExact value: 608523000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2019-01-01 – 2019-12-31 | USD 87.78 million Exact valueExact value: 87777000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 552.04 million Exact valueExact value: 552042000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | −USD 593.21 million Exact valueExact value: -593205000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 477.58 million Exact valueExact value: 477582000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | USD 584.97 million Exact valueExact value: 584968000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.05 billion Exact valueExact value: 1053355000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | USD 1.21 billion Exact valueExact value: 1214206000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.98 billion Exact valueExact value: 1978739000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | USD 846.07 million Exact valueExact value: 846074000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.87 billion Exact valueExact value: 1867828000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | USD 885.32 million Exact valueExact value: 885322000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.25 billion Exact valueExact value: 2246885000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | USD 759.22 million Exact valueExact value: 759221000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.43 billion Exact valueExact value: 2425015000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
173 filings · 6,628 latest values · 6,628 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001520006, 1520006, MTDR, edgar:1520006
Also known as Matador Resources Co, Matador Resources Company