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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 Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '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 (YoY)
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%
Cost of Revenue
1,3951,0609701,06794487378185162330838447629811222841087185208169
Gross Profit
3,8892,9642,2272,6762,5213,0172,7471,7851,7421,7241,7401,8481,4901,6111,6812,0072,4482,0371,6991,589
Selling, General & Admin
7279787067737249464639343740353439364738
Other Operating Expenses
-16-41-127-51252-393-732595-3167171244-65-27203580-27280
Operating Expenses
1,3282,7314,9921,3051,5851,1311,231718554610477543640687335343572929340659
Operating Income
2,561233-2,7651,3719361,8861,5161,0671,1881,1141,2631,3058509241,3461,6641,8761,1081,359930
Interest Expense
-56-63-103-70-49-29-22414-55-71-6-77-86-28-34-106-38-40-30-57
Interest & Investment Income
--25---156---18---1---1-
Earnings From Equity Investments
---208---236152991614211928994
Other Non Operating Income (Expenses)
-4-16085-142-714891-3-9-55-2351-2-511-62
EBT Excluding Unusual Items
2,50110-2,7781,2958891,8501,4391,1761,1491,0421,2751,1827579611,3321,5721,8671,0781,333879
Merger & Restructuring Charges
---11-17---30-258-3-12--1-2-8-3-11---1-
Gain (Loss) on Sale of Investments
--237122-42-----88--------
Gain (Loss) on Sale of Assets
-167179----1-------------
Other Unusual Items
134-140-30542-3--2---4--40-1-4-54-2-12
Pretax Income
2,635176-2,3331,3709431,8941,4059181,1461,0321,2751,2697519531,2891,5601,8631,0241,330867
Income Tax Expense
58032-567287204403115210252223264276165207261290402221279193
Earnings From Continuing Operations
2,055144-1,7661,0837391,4911,2907088948091,0119935867461,0281,2701,4618031,051674
Minority Interest in Earnings
-173-119308-65-40-86-216-49-57-41-51-78-30-34-21-86-45-24-49-25
Net Income
1,88225-1,4581,0186991,4051,0746598377689609155567121,0071,1841,4167791,002649
Preferred Dividends & Other Adjustments
11--64464665585481217596
Net Income to Common
1,87125-1,4521,0146951,3991,0706538317639559075517089991,1721,399774993643
Net Income Growth (YoY)
169.21%-98.21%-55.28%-16.37%83.36%12.04%-28.00%50.82%7.77%-4.40%-22.61%-60.61%-8.53%0.60%82.27%354.22%255.05%--
Shares Outstanding (Basic)
281283286289292290292205178178179179180182178174177178180181
Shares Outstanding (Diluted)
281283286289292290292205178178179179180182178174177178181181
Shares Change (YoY)
-3.74%-2.36%-2.08%41.08%63.79%62.28%63.22%14.46%-1.12%-1.93%0.66%2.56%1.98%2.49%-1.85%-3.66%-2.80%8.00%14.57%14.70%
EPS (Basic)
6.650.09-5.083.512.384.833.673.194.664.285.345.073.053.895.626.727.924.365.513.55
EPS (Diluted)
6.650.09-5.083.512.384.833.663.194.664.275.345.073.053.895.626.727.914.365.493.55
EPS Growth (YoY)
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%--

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '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
Free Cash Flow
2,1555811,18573-2,31266348240842572969506657-112-1531,1801,154531360775
Free Cash Flow Per Share
7.662.064.150.25-7.912.291.650.204.723.215.422.833.64-0.61-0.866.776.522.991.994.28
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 Growth (YoY)
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%
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%
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%
Free Cash Flow 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%
EBITDA
3,8332,9262,2762,6572,2022,9832,6721,8091,6711,5831,7321,7471,2821,3271,7112,0002,2061,4211,6791,271
EBITDA Margin
72.54%72.71%71.19%70.99%63.55%76.68%75.74%68.63%70.66%77.90%81.54%75.17%71.70%77.02%89.63%82.75%87.02%63.95%88.04%72.30%
D&A For EBITDA
1,2722,6935,0411,2861,2661,0971,156742483469469442432403365336330313320341
EBIT
2,561233-2,7651,3719361,8861,5161,0671,1881,1141,2631,3058509241,3461,6641,8761,1081,359930
EBIT 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%
Effective Tax Rate
22.01%18.18%-20.95%21.63%21.28%8.19%22.88%21.99%21.61%20.71%21.75%21.97%21.72%20.25%18.59%21.58%21.58%20.98%22.26%
Revenue as Reported
5,5624,2403,3763,9243,6784,0483,7112,6452,4832,2272,2282,3401,9191,9252,0302,4372,7682,4082,0221,910
SEC Filings: 10-K · 10-Q