Diamondback Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	15,026	11,066	8,412	9,643	6,797
Revenue Growth (YoY)	35.78%	31.55%	-12.77%	41.87%	141.63%
Cost of Revenue	4,705	3,201	1,795	1,521	1,202
Gross Profit	10,321	7,865	6,617	8,122	5,595
Selling, General & Admin	288	213	150	144	146
Depreciation & Amortization Expenses	5,038	2,850	1,746	1,344	1,275
Other Operating Expenses	3,729	406	151	126	173
Operating Income	1,266	4,396	4,570	6,508	4,001
Interest Income	-	-	-	77	15
Interest Expense	-244	-135	-159	-154	-199
Other Non-Operating Income (Expense)	852	240	-163	-695	-910
Total Non-Operating Income (Expense)	608	105	-322	-772	-1,094
Pretax Income	1,874	4,501	4,248	5,736	2,907
Provision for Income Taxes	327	800	912	1,174	631
Net Income	1,664	3,338	3,143	4,386	2,182
Minority Interest in Earnings	-117	363	193	176	94
Net Income to Common	1,664	3,338	3,143	4,386	2,182
Net Income Growth	-50.15%	6.20%	-28.34%	101.01%	-
Shares Outstanding (Basic)	289	214	180	177	177
Shares Outstanding (Diluted)	289	214	180	177	177
Shares Change (YoY)	35.37%	18.64%	1.96%	-0.06%	11.82%
EPS (Basic)	5.73	15.53	17.34	24.61	12.24
EPS (Diluted)	5.73	15.53	17.34	24.61	12.24
EPS Growth	-63.10%	-10.44%	-29.54%	101.06%	-
Free Cash Flow	5,235	3,546	3,219	4,387	2,457
Free Cash Flow Growth	47.63%	10.16%	-26.62%	78.55%	848.65%
Free Cash Flow Per Share	18.11	16.61	17.88	24.85	13.91
Dividends Per Share	4.050	6.210	8.120	11.310	1.950
Dividend Growth	-34.78%	-23.52%	-28.21%	480.00%	27.87%
Gross Margin	68.69%	71.07%	78.66%	84.23%	82.32%
Operating Margin	8.43%	39.73%	54.33%	67.49%	58.86%
Profit Margin	10.30%	33.44%	39.66%	47.31%	33.49%
FCF Margin	34.84%	32.04%	38.27%	45.49%	36.15%
EBITDA	6,304	7,246	6,316	7,852	5,276
EBITDA Margin	41.95%	65.48%	75.08%	81.43%	77.62%
EBIT	1,266	4,396	4,570	6,508	4,001
EBIT Margin	8.43%	39.73%	54.33%	67.49%	58.86%
Effective Tax Rate	17.45%	17.77%	21.47%	20.47%	21.71%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.