Diamondback Energy revenue and financials

FANG · NASDAQ · USD

$184.98Change from previous close: +0.49%Absolute change: +$0.90

Close · October 6, 2026

In the fiscal year ended December 2025, Diamondback Energy reported revenue of $15.03B (+35.79% year over year). Net income was $1.66B, a net margin of 11.1%.

Annual revenue · 2025: $15.03B
  1. $527.11M2016
  2. $1.21B2017
  3. $2.18B2018
  4. $3.96B2019
  5. $2.81B2020
  6. $6.8B2021
  7. $9.64B2022
  8. $8.41B2023
  9. $11.07B2024
  10. $15.03B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+35.79%
2025 vs 2024
Net income growth
−50.15%
2025 vs 2024
Net margin
11.1%
2024: 30.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow8,7586,4135,9206,3253,9442,1182,7391,565889332
Depreciation and amortization5,0382,8501,7461,3441,2751,3111,454623327178
Capital expenditure-9,149-4,477-3,900-3,613-2,274—————
Investing cash flow-7,809-11,221-3,323-3,330-1,539—————
Financing cash flow-1,0074,387-2,176-3,503-1,841—————
Dividends paid-1,156-1,578-1,444-1,572-312-236-112-37.00.00.0
Share repurchases-2,010-959-840-1,098-431-98.0-5930.00.0—
Debt issued15,0429,8755,1797,704——————
Debt repaid-13,467-3,502-4,802-7,961——————
Net change in cash-58.0-421421-508564—————
Free cash flow-3911,9362,0202,7121,670—————
Levered free cash flow4982,1921,0811,2111,010—————