Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
210.72
-0.30 (-0.14%)
At close: Aug 21, 2026, 4:00 PM EDT
210.13
-0.59 (-0.28%)
After-hours: Aug 21, 2026, 7:30 PM EDT
Diamondback Energy Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
| 16,248 | 14,295 | 10,561 | 8,339 | 9,566 | 6,747 | |
Revenue Growth | 20.19% | 35.36% | 26.65% | -12.83% | 41.78% | 144.81% |
Cost of Revenue | 4,492 | 3,854 | 2,563 | 1,795 | 1,521 | 1,202 |
Gross Profit | 11,756 | 10,441 | 7,998 | 6,544 | 8,045 | 5,545 |
Selling, General & Admin | 299 | 288 | 213 | 150 | 144 | 146 |
Other Operating Expenses | -323 | -53 | 50 | 317 | 563 | 1,023 |
Operating Expenses | 10,268 | 8,925 | 3,113 | 2,213 | 2,051 | 2,444 |
Operating Income | 1,488 | 1,516 | 4,885 | 4,331 | 5,994 | 3,101 |
Interest Expense | -292 | -251 | -336 | -197 | -218 | -70 |
Interest & Investment Income | 25 | 25 | 156 | 18 | 6 | 1 |
Earnings From Equity Investments | - | - | - | - | 77 | 15 |
Other Non Operating Income (Expenses) | -68 | 91 | 101 | 12 | -10 | 13 |
EBT Excluding Unusual Items | 1,153 | 1,381 | 4,806 | 4,164 | 5,849 | 3,060 |
Merger & Restructuring Charges | -105 | -105 | -303 | - | -14 | -78 |
Gain (Loss) on Sale of Investments | 322 | 364 | - | 88 | - | - |
Gain (Loss) on Sale of Assets | 335 | 168 | -1 | - | - | - |
Other Unusual Items | 143 | 66 | -1 | -4 | -99 | -75 |
Pretax Income | 1,848 | 1,874 | 4,501 | 4,248 | 5,736 | 2,907 |
Income Tax Expense | 332 | 327 | 800 | 912 | 1,174 | 631 |
Earnings From Continuing Operations | 1,516 | 1,547 | 3,701 | 3,336 | 4,562 | 2,276 |
Minority Interest in Earnings | -49 | 117 | -363 | -193 | -176 | -94 |
Net Income | 1,467 | 1,664 | 3,338 | 3,143 | 4,386 | 2,182 |
Preferred Dividends & Other Adjustments | 9 | 8 | 21 | 22 | 42 | 20 |
Net Income to Common | 1,458 | 1,656 | 3,317 | 3,121 | 4,344 | 2,162 |
Net Income Growth | -61.80% | -50.08% | 6.28% | -28.15% | 100.92% | - |
Shares Outstanding (Basic) | 285 | 289 | 214 | 180 | 177 | 177 |
Shares Outstanding (Diluted) | 285 | 289 | 214 | 180 | 177 | 177 |
Shares Change | 5.53% | 35.37% | 18.64% | 1.96% | -0.06% | 11.82% |
EPS (Basic) | 5.12 | 5.73 | 15.53 | 17.34 | 24.61 | 12.24 |
EPS (Diluted) | 5.12 | 5.73 | 15.53 | 17.34 | 24.61 | 12.24 |
EPS Growth | -63.82% | -63.11% | -10.43% | -29.54% | 101.04% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 3,994 | -391 | 1,936 | 2,020 | 2,712 | 1,670 |
Free Cash Flow Per Share | 14.03 | -1.35 | 9.07 | 11.22 | 15.36 | 9.45 |
Dividend Per Share | 4.250 | 4.050 | 6.210 | 8.120 | 11.310 | 1.950 |
Dividend Growth | 8.97% | -34.78% | -23.52% | -28.21% | 480.00% | 27.87% |
Gross Margin | 72.35% | 73.04% | 75.73% | 78.47% | 84.10% | 82.19% |
Operating Margin | 9.16% | 10.61% | 46.26% | 51.94% | 62.66% | 45.96% |
Profit Margin | 8.97% | 11.58% | 31.41% | 37.43% | 45.41% | 32.04% |
Free Cash Flow Margin | 24.58% | -2.73% | 18.33% | 24.22% | 28.35% | 24.75% |
EBITDA | 11,780 | 10,206 | 7,735 | 6,077 | 7,338 | 4,376 |
EBITDA Margin | 72.50% | 71.40% | 73.24% | 72.87% | 76.71% | 64.86% |
D&A For EBITDA | 10,292 | 8,690 | 2,850 | 1,746 | 1,344 | 1,275 |
EBIT | 1,488 | 1,516 | 4,885 | 4,331 | 5,994 | 3,101 |
EBIT Margin | 9.16% | 10.61% | 46.26% | 51.94% | 62.66% | 45.96% |
Effective Tax Rate | 17.96% | 17.45% | 17.77% | 21.47% | 20.47% | 21.71% |
Revenue as Reported | 17,102 | 15,026 | 11,066 | 8,412 | 9,643 | 6,797 |