Viper Energy revenue and financials

VNOM · NASDAQ · USD

$41.59Change from previous close: +1.76%Absolute change: +$0.72

Close · October 6, 2026

In the fiscal year ended December 2025, Viper Energy reported revenue of $1.33B (+62.18% year over year). The net loss was $68M.

Annual revenue · 2025: $1.33B
  1. $504.3M2021
  2. $865.77M2022
  3. $827M2023
  4. $817M2024
  5. $1.33B2025

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.

Cash flow · Annual
Item20252024202320222021
Operating cash flow1,053620638700307
Depreciation and amortization607214146121103
Capital expenditure-2,424-696-908-64.1-281
Investing cash flow-2,424-608-90847.6-281
Financing cash flow1,357-11.0278-769-5.6
Dividends paid-327-224-134-184-76.7
Share repurchases-1940.0-95.0-151-46.0
Debt issued3,250842973272—
Debt repaid-2,163-844-462-473—
Net change in cash-14.01.08.0-21.320.3
Free cash flow-1,371-76.0-27063625.9
Levered free cash flow-1,588-245-427416-72.5