Devon Energy revenue and financials
$47.99Change from previous close: +0.71%Absolute change: +$0.34
In the fiscal year ended December 2025, Devon Energy reported revenue of $17.19B (+7.83% year over year). Net income was $2.64B, a net margin of 15.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.83%
- 2025 vs 2024
- Net income growth
- −8.68%
- 2025 vs 2024
- Net margin
- 15.4%
- 2024: 18.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 17,188 | 15,940 | 15,258 | 19,169 | 12,206 | 4,828 | 6,220 | 8,896 | 6,501 | 6,753 |
| Cost of revenue | 12,797 | 11,230 | 9,891 | 10,800 | — | — | 2,812 | 4,321 | 3,559 | 2,821 |
| Gross profit | 4,391 | 4,710 | 5,367 | 8,369 | — | — | — | — | — | — |
| Selling, general and administrative | 492 | 500 | 408 | 395 | — | — | — | — | — | — |
| Operating income | 3,856 | 4,182 | 4,939 | 7,920 | — | — | — | — | — | -2,895 |
| EBIT | — | 4,113 | 4,992 | 8,145 | 3,286 | — | — | — | — | — |
| EBITDA | 7,558 | 7,368 | 7,546 | 10,368 | — | — | — | — | — | — |
| Interest expense | 497 | 401 | 369 | 370 | — | — | — | — | — | — |
| Pre-tax income | 3,466 | 3,712 | 4,623 | 7,775 | — | — | — | — | — | — |
| Income tax | 785 | 770 | 841 | 1,738 | 65.0 | -547 | -30.0 | 230 | 7.0 | 141 |
| Net income | 2,642 | 2,893 | 3,739 | 6,031 | 2,813 | -2,680 | -355 | 3,064 | 898 | -1,056 |
| Net income to common shareholders | 2,642 | 2,891 | 3,747 | 6,015 | — | — | — | — | — | — |
| Basic EPS | 4.18 | 4.58 | 5.86 | 9.15 | 4.20 | -7.12 | -0.89 | 6.14 | 1.71 | -2.09 |
| Diluted EPS | 4.17 | 4.56 | 5.84 | 9.12 | 4.19 | -7.12 | -0.89 | 6.10 | 1.70 | -2.09 |
| Average shares (basic) | 632 | 632 | 639 | 657 | — | — | — | — | — | — |
| Average shares (diluted) | 633 | 634 | 642 | 653 | 665 | 377 | 401 | 497 | 520 | 507 |