Companies: 10,795·Total market cap: $144.5T
Headwater Exploration Inc.

Headwater Exploration Inc.

HWX.TOTSXEnergy● Active
$13.48
+$0.55(+4.25%)
Market Cap$3.2B
P/E Ratio
52W High$13.82
52W Low$6.4

Headwater Exploration Inc. (HWX.TO) Revenue

Annual & quarterly revenue history · segment & region breakdown

HWX.TO · revenue · updated Jun 8, 2026

Core revenue metrics

Headwater Exploration Inc. trailing twelve-month (TTM) revenue is $0.58B, a decrease of 17.02% year-over-year from $0.51B in FY2025.

TTM revenue
$0.58B
4-quarter sum · USD
YoY growth
-17.02%
vs FY2025 $0.51B
Price / sales
5.57×
mktCap ÷ TTM rev
Revenue per day
$2M
Est. TTM ÷ 365
Revenue / employee
$15141K
38 employees
FY2025
$0.51B
FY2024
$0.62B
5Y CAGR
+21.9%
Fiscal year end
Dec 31
Currency
CAD · GAAP
Filing
10-K / 10-Q
Source: FMP · Headwater Exploration Inc. SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252006 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-12-31$0.51B-$0.11B-17.02%
2024-12-31$0.62B+$0.19B+45.65%
2023-12-31$0.43B-$0.03B-7.16%
2022-12-31$0.46B+$0.27B+140.06%
2021-12-31$0.19B+$0.18B+1910.11%
2020-12-31$0.01B+$0.00B+1.78%
2019-12-31$0.01B-$0.01B-44.92%
2018-12-31$0.02B+$0.01B+120.80%
2017-12-31$0.01B-$0.01B-43.33%
2016-12-31$0.01B-$0.00B-14.71%
HWX.TO revenue by year · HWX.TO revenue history · HWX.TO annual revenue data

Compare revenue vs peers

Oil & Gas Exploration & Production

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About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income Headwater Exploration Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

Headwater Exploration Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in CAD.

Data sourced from Headwater Exploration Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

HWX.TO revenue · 4 questions

HWX.TO's trailing twelve-month (TTM) revenue is $0.58B. That is a decrease of 17.02% year-over-year from $0.51B in FY2025.

HWX.TO revenueHWX.TO annual revenuewhat is HWX.TO revenueHWX.TO TTM revenue

Source: FMP · Headwater Exploration Inc. SEC filings · GAAP · Headwater Exploration Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026