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Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
200.48
+2.81 (1.42%)
At close: Aug 31, 2026, 4:00 PM EDT
202.38
+1.90 (0.95%)
After-hours: Aug 31, 2026, 7:59 PM EDT

Diamondback Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
5,2844,0243,1973,7433,4653,8903,5282,6362,3652,0322,1242,3241,7881,7231,9092,4172,5352,2221,9071,758
Revenue Growth
52.50%3.45%-9.38%41.99%46.51%91.44%66.10%13.43%32.27%17.93%11.26%-3.85%-29.47%-22.46%0.10%37.49%49.38%114.48%161.59%157.39%
Gross Profit
3,8892,9642,2272,6762,5213,0172,7471,7851,7421,7241,7401,8481,4901,6111,6812,0072,4482,0371,6991,589
Operating Income
2,561233-2,7651,3719361,8861,5161,0671,1881,1141,2631,3058509241,3461,6641,8761,1081,359930
Net Income
1,87125-1,4521,0146951,3991,0706538317639559075517089991,1721,399774993643
Earnings Per Share
6.650.09-5.083.512.384.833.663.194.664.275.345.073.053.895.626.727.914.365.493.55
EPS Growth
179.53%-98.17%-10.05%-48.94%13.12%-31.37%-37.09%52.61%9.76%-5.07%-24.55%-61.41%-10.75%2.45%89.29%366.41%229.83%--

Revenue by Segment
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Upstream
5,5623,8253,0333,9243,3163,6573,4712,3542,1742,1012,1652,2651,8961,9022,0082,4172,7522,3892,0111,897
Midstream
000000000000000014171012

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
4621741041592191,8161613706,90889658282718461572743149664457
Total Debt
12,61413,89814,51616,27315,17914,02313,09913,03312,1606,8246,8046,4616,7357,1366,4415,5605,5955,9416,7156,969
Net Cash (Debt)
-12,152-13,724-14,412-16,114-14,960-12,207-12,938-12,663-5,252-5,928-6,222-5,634-6,717-7,090-6,284-5,533-5,552-5,792-6,051-6,512
Net Cash Growth
--------------------
Net Cash Per Share
-43.21-48.53-50.43-55.79-51.21-42.15-44.33-61.85-29.45-33.21-34.80-31.50-37.24-38.96-35.37-31.72-31.39-32.62-33.43-35.97

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
3,5891,8282,3432,3831,6772,3552,3411,2091,5291,3341,6241,3581,5131,4251,4411,9251,7071,2521,1671,199
Capital Expenditures
-1,434-1,247-1,158-2,310-3,989-1,692-1,859-1,169-687-762-655-852-856-1,537-1,594-745-553-721-807-424
Free Cash Flow
2,1555811,18573-2,31266348240842572969506657-112-1531,1801,154531360775
Free Cash Flow Growth
--12.37%145.85%82.50%-15.91%-50.26%-92.09%28.16%---57.12%-43.07%--52.26%124.95%-146.58%228.39%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
73.60%73.66%69.66%71.49%72.76%77.56%77.86%67.72%73.66%84.84%81.92%79.52%83.33%93.50%88.06%83.04%96.57%91.67%89.09%90.39%
Operating Margin
48.47%5.79%-86.49%36.63%27.01%48.48%42.97%40.48%50.23%54.82%59.46%56.15%47.54%53.63%70.51%68.85%74.00%49.86%71.26%52.90%
Pretax Margin
49.87%4.37%-72.97%36.60%27.22%48.69%39.82%34.83%48.46%50.79%60.03%54.60%42.00%55.31%67.52%64.54%73.49%46.08%69.74%49.32%
Profit Margin
35.41%0.62%-45.42%27.09%20.06%35.96%30.33%24.77%35.14%37.55%44.96%39.03%30.82%41.09%52.33%48.49%55.19%34.83%52.07%36.58%
FCF Margin
40.78%14.44%37.07%1.95%-66.72%17.04%13.66%1.52%35.60%28.15%45.62%21.77%36.74%-6.50%-8.02%48.82%45.52%23.90%18.88%44.08%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
1.1001.1001.0501.0001.0001.0001.0000.9002.3401.9703.0803.3700.8400.8302.9502.2603.0503.0500.6000.500
Dividend Per Share Growth
10.00%10.00%5.00%11.11%-57.27%-49.24%-67.53%-73.29%178.57%137.35%4.41%49.11%-72.46%-72.79%391.67%352.00%577.78%662.50%50.00%33.33%
Dividend Yield
2.43%2.12%2.74%2.86%2.93%3.40%3.96%5.05%5.72%5.02%5.72%5.76%5.88%7.60%9.53%8.69%7.11%4.11%2.23%2.28%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
33.92197.30-9.9110.5211.7114.4215.8710.3311.138.898.756.945.805.544.945.598.959.0439.86
Forward PE
8.4514.4613.6812.8511.9210.5611.299.3210.2411.337.357.796.836.385.524.604.506.956.557.69
P/FCF Ratio
12.38----22.8324.7120.9712.3613.0813.7430.8415.13--6.647.5411.1611.9912.11
PS Ratio
3.043.862.992.832.973.734.535.554.044.283.493.583.042.892.652.362.533.213.053.28