Diamondback Energy revenue and financials
$184.98Change from previous close: +0.49%Absolute change: +$0.90
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%.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,589 | 1,828 | 2,343 | 2,383 | 1,677 | 2,355 | 2,341 | 1,209 | 1,529 | 1,334 | 1,624 | 1,358 |
| Depreciation and amortization | 1,272 | 2,693 | 5,041 | 1,286 | 1,266 | 1,097 | 1,156 | 742 | 483 | 469 | 469 | 442 |
| Capital expenditure | -1,434 | -1,247 | -1,158 | -2,310 | -3,989 | -1,692 | -1,859 | -1,169 | -687 | -762 | -655 | -852 |
| Investing cash flow | -1,395 | -658 | -118 | -2,059 | -3,979 | -1,653 | -1,855 | -8,166 | -449 | -751 | -1,464 | 15.0 |
| Financing cash flow | -1,906 | -1,100 | -2,671 | 7.0 | 482 | 1,175 | -695 | 419 | 4,932 | -269 | -405 | -564 |
| Dividends paid | -310 | -295 | -286 | -289 | -291 | -290 | -262 | -416 | -352 | -548 | -603 | -149 |
| Share repurchases | -272 | -645 | -434 | -603 | -408 | -575 | -402 | -515 | — | -42.0 | -159 | -66.0 |
| Debt issued | 3,765 | 2,525 | 2,020 | 4,400 | 5,145 | 3,477 | 2,190 | 2,011 | 5,584 | 90.0 | 713 | 1,015 |
| Debt repaid | -4,923 | -3,124 | -3,747 | -3,313 | -3,869 | -2,538 | -2,144 | -1,073 | -180 | -105 | -300 | -1,332 |
| Net change in cash | 288 | 70.0 | -446 | 331 | -1,820 | 1,877 | -209 | -6,538 | 6,012 | 314 | -245 | 809 |
| Free cash flow | 2,155 | 581 | 1,185 | 73.0 | -2,312 | 663 | 482 | 40.0 | 842 | 572 | 969 | 506 |
| Levered free cash flow | 1,833 | 1,092 | 2,813 | -757 | -1,805 | 192 | 276 | 872 | 680 | 365 | 638 | 199 |