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Financials · BTE

Baytex Energy Corp (BTE) financials

For fiscal 2025 (ended Dec 31, 2025), Baytex Energy Corp reported C$1.68B of revenue and -C$603.78M of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2025
C$1.68B
Revenue growth, YoY
-10.1%
Net income, FY2025
-C$603.78M
Net margin
-35.8%
EPS, diluted, FY2025
-C$0.78
Cash
C$953.11M
Annual revenueC$1.68B
FY2019FY2025
Annual net income-C$603.78M
FY2019FY2025

BTE revenue and earnings growth

BTE revenueFY2025C$1.68B

FY YoY
-10.1%
5Y CAGR
+11.5%

BTE revenue was C$1.68B for fiscal 2025 (ended Dec 31, 2025), down 10.1% from fiscal 2024. Compound annual growth was +11.5% over 5 years. It rose in 3 of the last 6 fiscal years.

BTE net incomeFY2025-C$603.78M

BTE net income was -C$603.78M for fiscal 2025 (ended Dec 31, 2025), compared with C$236.60M in fiscal 2024.

BTE EPSFY2025-C$0.78

BTE diluted EPS was -C$0.78 for fiscal 2025 (ended Dec 31, 2025), compared with C$0.29 in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
RevenueC$1.68BC$1.87BC$3.38BC$2.89BC$1.87BC$975.48MC$1.81B
Selling, general and adminC$67.90MC$58.36MC$69.79MC$50.27MC$40.80MC$34.27MC$45.47M
Interest expenseC$161.43MC$188.63MC$159.82MC$80.39MC$92.07MC$106.53MC$125.86M
Pre-tax income-C$153.11M-C$16.72M-C$516.58MC$890.91MC$1.69B-C$2.60B-C$78.92M
Income taxC$123.73MC$80.73M-C$283.23MC$35.31MC$81.24M-C$160.39M-C$66.46M
Net income-C$603.78MC$236.60M-C$233.36MC$855.61MC$1.61B-C$2.44B-C$12.46M
EPS, basic-C$0.78C$0.29-C$0.33C$1.53C$2.86-C$4.35-C$0.02
EPS, diluted-C$0.78C$0.29-C$0.33C$1.52C$2.82-C$4.35-C$0.02
Diluted shares769.2M807.7M704.9M563.8M571.6M560.7M557.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Cash and equivalentsC$953.11MC$16.61MC$55.81MC$5.46MC$0C$0C$5.57M
ReceivablesC$135.23MC$387.27MC$339.40MC$222.11MC$173.41MC$107.48MC$173.76M
Current assetsC$1.19BC$449.63MC$440.02MC$244.05MC$182.06MC$112.53MC$184.77M
Total assetsC$3.35BC$7.76BC$7.46BC$5.10BC$4.83BC$3.41BC$5.91B
Current liabilitiesC$330.18MC$573.73MC$558.02MC$288.53MC$338.73MC$198.86MC$233.50M
Total liabilitiesC$956.37MC$3.59BC$3.64BC$2.07BC$2.62BC$2.83BC$2.97B
Shareholders' equityC$2.39BC$4.17BC$3.83BC$3.03BC$2.21BC$578.21MC$2.95B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Operating cash flowC$1.49BC$1.91BC$1.30BC$1.17BC$712.38MC$353.10MC$834.94M
Investing cash flowC$1.78B-C$1.28B-C$1.51B-C$488.99M-C$310.76M-C$314.47M-C$617.51M
Financing cash flow-C$2.33B-C$668.17MC$266.25M-C$678.42M-C$401.62M-C$44.20M-C$211.86M
Dividends paidC$69.19MC$71.98MC$37.52MC$0---
Share repurchasesC$29.42MC$222.20MC$221.93MC$158.98MC$0--

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
Revenue growth, YoY-10.1%-44.6%17.1%54.6%91.5%-46.0%-
Net income growth, YoY----47.0%---
EPS growth, YoY----46.1%---
Net margin-35.8%12.6%-6.9%29.6%86.4%-250.0%-0.7%
Return on equity-25.3%5.7%-6.1%28.2%73.0%-421.8%-0.4%
Return on assets-18.0%3.0%-3.1%16.8%33.4%-71.6%-0.2%
Current ratio3.610.780.790.850.540.570.79

Source: XBRL data Baytex Energy Corp files with the SEC, latest filing dated Mar 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BTE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BTEC$1.68B-10.1%-C$603.78M-35.8%$2.80B
SHEL$273.73B-5.3%$17.84B6.5%$273.51B
TTE$201.20B-6.2%$13.13B6.5%$192.00B
PBR$89.19B-2.4%$19.63B22.0%$118.25B
CNQC$38.76B+8.7%C$10.82B27.9%$98.26B
E€82.15B-7.5%€2.61B3.2%$87.98B
EOG$29.73B+31.7%$8.19B27.5%$76.96B
OXY$25.75B+36.9%$7.50B29.1%$55.74B
OKE$43.19B+36.8%$4.07B9.4%$54.21B

BTE FAQ

7 questions
  • What is BTE revenue?
    Baytex Energy Corp (BTE) reported C$1.68B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 10.1% from the year before.
  • Is BTE profitable?
    No. Baytex Energy Corp reported a net loss of C$603.78M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does BTE have?
    Baytex Energy Corp reported C$953.11M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is BTE revenue growing?
    Baytex Energy Corp's revenue changed -10.1% in fiscal 2025, to C$1.68B. Its compound annual growth rate was +11.5% over 5 years.
  • What is BTE earnings per share?
    Diluted earnings per share were -C$0.78 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did BTE last report financial results?
    The latest statements here come from Baytex Energy Corp's 40-F filed on Mar 5, 2026, covering the period ended Dec 31, 2025.
  • Where does this BTE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Baytex Energy Corp files with the SEC. It is provided for information only and is not investment advice.