Devon Energy Corporation (DVN)

Devon Energy Income Statement

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

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Revenue	3,807	4,121	4,331	4,284	4,452	4,403	4,024	3,917	3,596	4,145	3,836	3,454	3,823	4,299	5,432	5,626	3,812	4,273	3,466	2,417
Revenue Growth (YoY)	-14.49%	-6.40%	7.63%	9.37%	23.80%	6.22%	4.90%	13.41%	-5.94%	-3.58%	-29.38%	-38.61%	0.29%	0.61%	56.72%	132.77%	85.95%	233.83%	224.84%	513.45%
Cost of Revenue	2,441	2,250	2,348	2,256	2,348	2,283	1,912	1,896	1,884	1,852	1,917	1,770	1,798	1,946	2,260	2,429	1,942	1,871	1,720	1,478
Gross Profit	1,366	1,871	1,983	2,028	2,104	2,120	2,112	2,021	1,712	2,293	1,919	1,684	2,025	2,353	3,172	3,197	1,870	2,402	1,746	939
Selling, General & Admin	125	135	114	113	130	155	117	114	114	111	99	92	106	122	95	84	94	95	95	94
Depreciation & Amortization Expenses	904	890	879	914	912	971	794	768	722	650	651	638	615	625	581	528	489	577	578	536
Exploration Expenses	25	5	8	20	10	12	4	3	9	4	3	10	3	13	4	10	2	5	3	3
Other Operating Expenses	19	0	-	-	272	-	-	-	1	-	-	-	-	-	-	-	-	28	18	23
Total Operating Expenses	1,073	1,030	1,001	1,047	1,324	1,138	915	885	846	765	753	740	724	760	680	622	585	705	694	656
Operating Income	293	841	982	981	780	982	1,197	1,136	866	1,528	1,166	944	1,301	1,593	2,492	2,575	1,285	1,697	1,052	283
Interest Expense	-109	-107	-109	-116	-123	-123	-88	-76	-76	-77	-81	-78	-72	-73	-67	-84	-85	-86	-86	-80
Other Non-Operating Income (Expense)	18	-13	-39	-296	11	19	45	20	22	21	13	-31	6	-33	-40	-4	-62	-51	2	-101
Total Non-Operating Income (Expense)	-91	-120	-148	-412	-112	-104	-43	-56	-54	-56	-68	-109	-66	-106	-107	-88	-147	-137	-84	-181
Pretax Income	166	747	912	1,161	646	840	1,064	1,040	768	1,430	1,072	897	1,224	1,553	2,465	2,495	1,262	1,662	964	304
Provision for Income Taxes	46	185	219	244	137	187	239	185	159	269	152	199	221	349	565	557	267	150	120	43
Net Income	120	562	693	917	509	653	825	855	609	1,161	920	698	1,003	1,204	1,900	1,938	995	1,512	844	261
Minority Interest in Earnings	-	0	6	18	15	14	13	11	13	9	10	8	8	3	7	6	6	6	6	5
Net Income to Common	120	562	687	899	494	639	812	844	596	1,152	910	690	995	1,201	1,893	1,932	989	1,506	838	256
Net Income Growth	-75.71%	-12.05%	-15.39%	6.52%	-17.11%	-44.53%	-10.77%	22.32%	-40.10%	-4.08%	-51.93%	-64.29%	0.61%	-20.25%	125.89%	654.69%	364.32%	-	-	-
Shares Outstanding (Basic)	0	621	628	635	650	650	622	626	629	635	637	638	645	647	649	652	656	671	671	671
Shares Outstanding (Diluted)	0	622	629	636	651	651	623	628	632	638	639	639	647	649	651	654	658	673	673	673
Shares Change (YoY)	-100.00%	-4.46%	0.96%	1.27%	3.01%	2.04%	-2.50%	-1.72%	-2.32%	-1.70%	-1.84%	-2.29%	-1.67%	-3.57%	-3.27%	-2.82%	1.07%	75.72%	78.52%	78.52%
EPS (Basic)	0.19	0.91	1.09	1.42	0.77	0.98	1.31	1.35	0.95	1.81	1.43	1.08	1.53	1.84	2.89	2.94	1.48	2.24	1.24	0.38
EPS (Diluted)	0.19	0.90	1.09	1.41	0.77	0.98	1.30	1.34	0.94	1.81	1.42	1.07	1.53	1.83	2.88	2.93	1.48	2.23	1.24	0.38
EPS Growth	-75.33%	-8.16%	-16.15%	5.22%	-18.09%	-45.86%	-8.45%	25.23%	-38.56%	-1.09%	-50.69%	-63.48%	3.38%	-17.94%	132.26%	671.05%	362.50%	-	-	-
Free Cash Flow	626	601	623	573	1,000	622	-2,816	505	836	817	820	308	652	1,090	-989	2,005	1,299	1,101	1,114	584
Free Cash Flow Growth	-37.40%	-3.38%	-	13.46%	19.62%	-23.87%	-	63.96%	28.22%	-25.05%	-	-84.64%	-49.81%	-1.00%	-	243.32%	1296.77%	697.83%	399.55%	-
Free Cash Flow Per Share	1012940.00	0.97	0.99	0.90	1.54	0.96	-4.52	0.80	1.32	1.28	1.28	0.48	1.01	1.68	-1.52	3.07	1.97	1.64	1.66	0.87
Dividends Per Share	0.240	0.240	0.240	0.240	0.240	0.220	0.440	0.350	0.440	0.770	0.490	0.720	0.890	1.350	1.550	1.270	1.000	0.840	0.490	0.340
Dividend Growth	-	9.09%	-45.45%	-31.43%	-45.45%	-71.43%	-10.20%	-51.39%	-50.56%	-42.96%	-68.39%	-43.31%	-11.00%	60.71%	216.33%	273.53%	233.33%	663.64%	345.45%	209.09%
Gross Margin	35.88%	45.40%	45.79%	47.34%	47.26%	48.15%	52.49%	51.60%	47.61%	55.32%	50.03%	48.76%	52.97%	54.73%	58.39%	56.83%	49.06%	56.21%	50.38%	38.85%
Operating Margin	7.70%	20.41%	22.67%	22.90%	17.52%	22.30%	29.75%	29.00%	24.08%	36.86%	30.40%	27.33%	34.03%	37.06%	45.88%	45.77%	33.71%	39.71%	30.35%	11.71%
Profit Margin	3.15%	13.64%	16.00%	21.41%	11.43%	14.83%	20.50%	21.83%	16.94%	28.01%	23.98%	20.21%	26.24%	28.01%	34.98%	34.45%	26.10%	35.38%	24.35%	10.80%
FCF Margin	16.44%	14.58%	14.38%	13.38%	22.46%	14.13%	-69.98%	12.89%	23.25%	19.71%	21.38%	8.92%	17.05%	25.35%	-18.21%	35.64%	34.08%	25.77%	32.14%	24.16%
EBITDA	1,197	1,731	1,861	1,895	1,692	1,953	1,991	1,904	1,588	2,178	1,817	1,582	1,916	2,218	3,073	3,103	1,774	2,274	1,630	819
EBITDA Margin	31.44%	42.00%	42.97%	44.23%	38.01%	44.36%	49.48%	48.61%	44.16%	52.55%	47.37%	45.80%	50.12%	51.59%	56.57%	55.15%	46.54%	53.22%	47.03%	33.88%
EBIT	293	841	982	981	780	982	1,197	1,136	866	1,528	1,166	944	1,301	1,593	2,492	2,575	1,285	1,697	1,052	283
EBIT Margin	7.70%	20.41%	22.67%	22.90%	17.52%	22.30%	29.75%	29.00%	24.08%	36.86%	30.40%	27.33%	34.03%	37.06%	45.88%	45.77%	33.71%	39.71%	30.35%	11.71%
Effective Tax Rate	27.71%	24.77%	24.01%	21.02%	21.21%	22.26%	22.46%	17.79%	20.70%	18.81%	14.18%	22.19%	18.06%	22.47%	22.92%	22.32%	21.16%	9.03%	12.45%	14.14%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 6, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 9, 2026

Data Sources Report a data error