Viper Energy revenue and financials
$40.87Change from previous close: +0.57%Absolute change: +$0.23
In the fiscal year ended December 2025, Viper Energy reported revenue of $1.33B (+62.18% year over year). The net loss was $68M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +62.18%
- 2025 vs 2024
- Net margin
- -5.1%
- 2024: 43.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 1,325 | 817 | 827 | 866 | 504 |
| Cost of revenue | 701 | 275 | 50.0 | 56.4 | 32.6 |
| Gross profit | 1,325 | 817 | 777 | 809 | 472 |
| Selling, general and administrative | 35.0 | 19.0 | 11.0 | 8.5 | 7.8 |
| Operating income | 672 | 578 | 594 | 662 | 292 |
| EBIT | 672 | 578 | 594 | 662 | 292 |
| EBITDA | 1,279 | 792 | 740 | 783 | 395 |
| Interest expense | 103 | 74.0 | 48.0 | 37.5 | 31.4 |
| Pre-tax income | -225 | 504 | 547 | 622 | 258 |
| Income tax | -19.0 | -100 | 46.0 | -32.7 | 1.5 |
| Net income | -68.0 | 359 | 200 | 152 | 57.9 |
| Net income to common shareholders | -69.0 | 359 | 200 | 152 | 57.7 |
| Basic EPS | -0.48 | 3.82 | 2.70 | 2.01 | 0.85 |
| Diluted EPS | -0.48 | 3.82 | 2.69 | 2.00 | 0.85 |
| Average shares (basic) | 143 | 93.9 | 74.2 | 75.6 | 68.3 |
| Average shares (diluted) | 143 | 93.9 | 74.2 | 75.7 | 68.4 |
| Dividend per share | 2.20 | 2.49 | 0.56 | 2.46 | 1.43 |