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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets12,05512,04812,67113,6889,7886,2385,0694,2063,9004,0133,9743,143
Current assets580469413887443792238320205190144262
Cash and equivalents77.028.013.053.028.056027.016935.220.025.9147
Receivables488400350386394189180145167165113111
Net property, plant and equipment11,30511,42212,20912,7839,2944,9554,6383,7613,6123,7423,7682,777
Current liabilities91.076.011147272.091.049.044.229.154.933.347.5
Accounts payable—————2.0—0.00.00.01.30.2
Long-term debt1,6781,6032,1862,2411,0988221,0838229981,0941,083676
Total debt1,6781,6032,1862,6211,098———————
Total liabilities1,7731,6832,3082,7471,1779151,1628711,0271,1481,117725
Total equity (incl. minority)10,28210,36510,36310,9418,6115,3233,9073,3362,8732,8642,8582,419
Retained earnings-273-281-278-76.070.0108118-28.7-18.9-21.8-16.8—
Minority interest5,2475,2515,9156,3215,1912,6492,2201,9351,7841,7851,8431,705