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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5,284 | 4,024 | 3,197 | 3,743 | 3,465 | 3,890 | 3,528 | 2,636 | 2,365 | 2,032 | 2,124 | 2,324 |
| Cost of revenue | 1,395 | 1,060 | 970 | 1,067 | 944 | 873 | 781 | 851 | 623 | 308 | 384 | 476 |
| Gross profit | 3,889 | 2,964 | 2,227 | 2,676 | 2,521 | 3,017 | 2,747 | 1,785 | 1,742 | 1,724 | 1,740 | 1,848 |
| Selling, general and administrative | 72.0 | 79.0 | 78.0 | 70.0 | 67.0 | 73.0 | 72.0 | 49.0 | 46.0 | 46.0 | 39.0 | 34.0 |
| Operating income | 2,561 | 233 | -2,765 | 1,371 | 936 | 1,886 | 1,516 | 1,067 | 1,188 | 1,114 | 1,263 | 1,305 |
| EBIT | 2,561 | 233 | -2,765 | 1,371 | 936 | 1,886 | 1,516 | 1,067 | 1,188 | 1,114 | 1,263 | 1,305 |
| EBITDA | 3,833 | 2,926 | 2,276 | 2,657 | 2,202 | 2,983 | 2,672 | 1,809 | 1,671 | 1,583 | 1,732 | 1,747 |
| Interest expense | 56.0 | 63.0 | 103 | 70.0 | 49.0 | 29.0 | 224 | -14.0 | 55.0 | 71.0 | 6.0 | 77.0 |
| Pre-tax income | 2,635 | 176 | -2,333 | 1,370 | 943 | 1,894 | 1,405 | 918 | 1,146 | 1,032 | 1,275 | 1,269 |
| Income tax | 580 | 32.0 | -567 | 287 | 204 | 403 | 115 | 210 | 252 | 223 | 264 | 276 |
| Net income | 1,882 | 25.0 | -1,458 | 1,018 | 699 | 1,405 | 1,074 | 659 | 837 | 768 | 960 | 915 |
| Net income to common shareholders | 1,871 | 25.0 | -1,452 | 1,014 | 695 | 1,399 | 1,070 | 653 | 831 | 763 | 955 | 907 |
| Basic EPS | 6.65 | 0.09 | -5.08 | 3.51 | 2.38 | 4.83 | 3.67 | 3.19 | 4.66 | 4.28 | 5.34 | 5.07 |
| Diluted EPS | 6.65 | 0.09 | -5.08 | 3.51 | 2.38 | 4.83 | 3.66 | 3.19 | 4.66 | 4.27 | 5.34 | 5.07 |
| Average shares (basic) | 281 | 283 | 286 | 289 | 292 | 290 | 292 | 205 | 178 | 178 | 179 | 179 |
| Average shares (diluted) | 281 | 283 | 286 | 289 | 292 | 290 | 292 | 205 | 178 | 178 | 179 | 179 |
| Dividend per share | 1.10 | 1.10 | 1.05 | 1.00 | 1.00 | 1.00 | 1.00 | 0.90 | 2.34 | 1.97 | 3.08 | 3.37 |