HPK Financials Highpeak Energy, Inc.

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 40.7% per year over the past 5 years.
Net income has grown faster than revenue (329.8% vs 40.7% per year).
Operating margin has contracted, at 17.4% in the latest year.

Financial health

Total debt ($1.2B) exceeds cash ($162M); net debt is $1.0B.
Total debt has grown faster than revenue (86.8% vs 40.7% per year).
Operating income covered interest expense 1.0× in the latest year, down from 41× 5 years ago.
Total debt is 2.1× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 0.1% of earnings.
The dividend has grown 15.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$863M	$19.0B	0.0%	17.4%	—	$1.2B	$162M
2024	$1.1B	$95.1B	0.0%	30.2%	—	$1.0B	$87M
2023	$1.1B	$215.9B	0.0%	37.7%	—	$1.2B	$195M
2022	$756M	$237M	0.0%	55.9%	—	$704M	$31M
2021	$220M	$56M	0.0%	46.2%	—	$98M	$35M
2019	$8M	-$12M	0.0%	-142.7%	—	—	$23M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$216M	-$127M	0.0%	16.7%	—	$1.2B	$96M
Dec '25	$217M	-$25M	0.0%	-7.6%	—	$1.2B	$162M
Sep '25	$189M	-$18M	0.0%	17.3%	—	$1.2B	$165M
Jun '25	$200M	$26M	0.0%	21.7%	—	$1.0B	$22M
Mar '25	$272M	$36M	0.0%	33.2%	—	$1.0B	$52M
Dec '24	$283M	$9M	0.0%	26.1%	—	$1.0B	$87M
Sep '24	$272M	$50M	0.0%	27.0%	—	$1.1B	$136M
Jun '24	$275M	$30M	0.0%	31.7%	—	$1.1B	$158M
Mar '24	$288M	$6M	0.0%	35.8%	—	$1.1B	$173M
Dec '23	$301M	$95M	0.0%	35.5%	—	$1.2B	$195M
Sep '23	$346M	$39M	0.0%	42.3%	—	$1.1B	$152M
Jun '23	$241M	$32M	0.0%	35.3%	—	$973M	$30M
Mar '23	$224M	$50M	0.0%	39.6%	—	$861M	$48M
Dec '22	$258M	$68M	0.0%	49.2%	—	$704M	$31M
Sep '22	$204M	$108M	0.0%	58.0%	—	$562M	$34M
Jun '22	$201M	$78M	0.0%	61.0%	—	$489M	$22M
Mar '22	$92M	-$17M	0.0%	59.2%	—	$203M	$36M
Dec '21	$99M	$37M	0.0%	53.7%	—	$98M	$35M
Sep '21	$47M	$8M	0.0%	46.3%	—	$93M	$12M
Jun '21	$48M	$6M	0.0%	43.6%	—	$12M	$13M

Valuation over time

How the market has priced HPK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 12.3× (Mar '23) to 7.6× (Dec '23).
The price-to-sales ratio has fallen from 3.8× (Mar '23) to 1.0× (Jun '26).
The dividend yield has risen from 0.4% (Mar '23) to 2.4% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is HPK growing its revenue and profit?

Over the past 5 years, Highpeak Energy, Inc.'s revenue has grown 40.7% per year, and net income grown 329.8% per year. These are computed facts, not advice.

How much debt does HPK have?

As of FY2025, Highpeak Energy, Inc. reported $1.2B of total debt against $162M of cash; operating income covered interest expense 1.0×.

What is HPK's profit margin?

In FY2025, gross margin was —, operating margin 17.4%, and net margin 2196.4%.

What is HPK's P/E ratio?

As of Jun '26, Highpeak Energy, Inc. traded at a price-to-earnings ratio of about 7.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.