v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) per Share
The following table sets forth the computation of basic and diluted net income (loss) per share:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands, except per share amounts)
Numerator:
Net income (loss)$493,704 $162,498 $74,528 $168,412 
Less: net (income) loss attributable to noncontrolling interests(939)(1,299)(1,610)(3,288)
Less: net (income) loss attributable to redeemable noncontrolling interests— (7,978)— (14,050)
Net income (loss) attributable to Crescent Energy - basic$492,765 $153,221 $72,918 $151,074 
Add: Reallocation of net income attributable to redeemable noncontrolling interest for the dilutive effect of RSUs— (5)— (7)
Add: Reallocation of net income attributable to redeemable noncontrolling interest for the dilutive effect of PSUs— (278)— (360)
Add: Interest expense, net of taxes, of 2031 Convertible Notes
3,558 — 4,546 — 
Net income (loss) attributable to Crescent Energy - diluted$496,323 $152,938 $77,464 $150,707 
Denominator:
Weighted-average Class A Common Stock outstanding - basic330,283 253,174 329,283 222,405 
Add: dilutive effect of RSUs534 38 466 159 
Add: dilutive effect of PSUs4,604 2,235 7,135 2,721 
Add: dilutive effect of 2031 Convertible Notes46,330 — 29,948 — 
Weighted-average Class A Common Stock outstanding – diluted381,751 255,447 366,832 225,285 
Weighted-average Class B Common Stock outstanding – basic and diluted— 2,077 — 33,494 
Net income (loss) per share:
Class A Common Stock – basic$1.49 $0.61 $0.22 $0.68 
Class A Common Stock – diluted$1.30 $0.60 $0.21 $0.67 
Class B Common Stock – basic and diluted$— $— $— $—