Matador Resources Co (MTDR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.1B	3.7B	3.5B	2.8B	3.1B
Cost of Revenue	1.3B	2.0B	1.9B	1.5B	1.2B
Gross Profit	2.8B	1.7B	1.5B	1.3B	1.9B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	159.3M	137.1M	127.5M	110.4M	116.2M
General & Admin Expense	159.3M	137.1M	127.5M	110.4M	116.2M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	556.7M	350.3M	(20.0M)	14.8M	2.4M
Total Operating Expenses	716.0M	487.3M	107.5M	125.2M	118.7M
Cost and Expenses	2.0B	2.5B	2.0B	1.6B	1.3B
Operating Income (EBIT)	1.4B	1.2B	1.4B	1.2B	1.8B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	87.4M	208.5M	171.7M	121.5M	67.2M
Net Interest Income	(167.4M)	(208.5M)	(171.7M)	(121.5M)	(67.2M)
Other Non-Op Income/Expense	(469.0M)	(153.3M)	(171.0M)	(112.9M)	(73.6M)
Non-Operating Income (excl Interest)	224.4M	(55.2M)	(696.0K)	(8.6M)	6.4M
EBT (Pre-Tax Income)	970.3M	1.0B	1.3B	1.1B	1.7B
Income Tax Expense	161.9M	172.7M	292.4M	186.0M	399.4M
Bottom Line
Net Income	719.4M	759.2M	885.3M	846.1M	1.2B
Earnings from Cont. Ops	785.5M	860.8M	971.3M	910.4M	1.3B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	719.4M	759.2M	885.3M	846.1M	1.2B
Per Share
Basic EPS	$5.80	$6.10	$7.16	$7.10	$10.28
Diluted EPS	$5.80	$6.09	$7.14	$7.05	$10.11
Revenue Per Share	$33.01	$29.36	$28.15	$23.65	$25.89
Shares
Basic Shares Outstanding	123.8M	124.6M	123.6M	119.1M	118.1M
Diluted Shares Outstanding	123.9M	124.6M	124.1M	120.0M	120.1M
Profitability Metrics
EBITDA	2.3B	2.4B	2.4B	1.9B	2.2B
D&A	1.3B	1.2B	974.3M	716.7M	466.3M
EBIT	861.1M	1.2B	1.4B	1.2B	1.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026