Devon Energy revenue and financials

DVN · NYSE · USD

$47.88Change from previous close: −0.21%Absolute change: −$0.10

Close · October 6, 2026

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%.

Annual revenue · 2025: $17.19B
  1. $6.75B2016
  2. $6.5B2017
  3. $8.9B2018
  4. $6.22B2019
  5. $4.83B2020
  6. $12.21B2021
  7. $19.17B2022
  8. $15.26B2023
  9. $15.94B2024
  10. $17.19B2025

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.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025
Operating cash flow3,6741,6551,5341,6901,545—
Depreciation and amortization1,41626.089025.091426.0
Capital expenditure-4,047-1,029-933-1,067-972—
Investing cash flow-3,375-1,020-970-1,024-597—
Financing cash flow-1,109-254-407-1,147-424—
Dividends paid-366-155-149-151-156—
Share repurchases-197-69.0-250-250-249—
Debt issued——0.00.0——
Debt repaid-502-3.0-8.0-4850.0—
Effect of exchange rates4.0—-1.00.01.00.0
Net change in cash-810381157-481524—
Free cash flow-373626601623573—