Viper Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	980.29	860.39	827.7	866.47	504.92	250.63
Revenue Growth (YoY)	6.67%	3.95%	-4.47%	71.61%	101.46%	-15.98%
Cost of Revenue	69.28	60.88	50.4	56.37	32.56	19.84
Gross Profit	911.01	799.51	777.3	810.1	472.36	230.78
Selling, General & Admin	22.15	18.64	10.6	8.54	7.8	8.17
Depreciation & Amortization Expenses	310.12	214.41	146.12	121.07	102.99	100.5
Other Operating Expenses	9.82	0.06	0.36	-	-	69.2
Total Operating Expenses	342.09	233.11	157.08	129.61	110.79	177.87
Operating Income	568.92	566.4	620.22	680.48	361.57	52.91
Interest Expense	-63.85	-73.85	-47.39	-39.99	-34.04	-33
Other Non-Operating Income (Expense)	16.53	11.39	-25.53	-18.14	-69.33	-70.86
Total Non-Operating Income (Expense)	-47.32	-62.46	-72.93	-58.13	-103.37	-103.86
Pretax Income	521.6	503.94	547.29	622.35	258.2	-50.95
Provision for Income Taxes	-97.25	-99.71	45.95	-32.65	1.52	142.47
Net Income	370.98	359.25	200.09	151.67	57.94	-192.3
Minority Interest in Earnings	247.86	244.4	301.25	503.33	198.74	-1.11
Net Income to Common	370.98	359.25	200.09	151.67	57.94	-192.3
Net Income Growth	57.48%	79.54%	31.92%	161.78%	-	-
Shares Outstanding (Basic)	102	81	81	14	68	68
Shares Outstanding (Diluted)	102	81	81	14	68	68
Shares Change (YoY)	24.68%	-0.51%	492.21%	-79.93%	1.04%	9.55%
EPS (Basic)	2.97	0.49	-0.20	1.10	0.85	-2.84
EPS (Diluted)	2.97	0.49	-0.20	1.10	0.85	-2.84
EPS Growth	17.39%	-	-	29.41%	-	-
Free Cash Flow	-971.63	-76.63	-267.01	635.67	25.94	130.88
Free Cash Flow Growth	-	-	-	2350.71%	-80.18%	-
Free Cash Flow Per Share	-9.56	-0.95	-3.29	46.32	0.38	1.93
Dividends Per Share	2.360	2.490	0.560	2.460	1.430	0.370
Dividend Growth	-5.22%	344.64%	-77.24%	72.03%	286.49%	-78.98%
Gross Margin	92.93%	92.92%	93.91%	93.49%	93.55%	92.08%
Operating Margin	58.04%	65.83%	74.93%	78.54%	71.61%	21.11%
Profit Margin	63.13%	70.16%	60.57%	75.59%	50.84%	-77.17%
FCF Margin	-99.12%	-8.91%	-32.26%	73.36%	5.14%	52.22%
EBITDA	879.33	780.81	766.34	801.55	464.56	153.42
EBITDA Margin	89.70%	90.75%	92.59%	92.51%	92.01%	61.21%
EBIT	568.92	566.4	620.22	680.48	361.57	52.91
EBIT Margin	58.04%	65.83%	74.93%	78.54%	71.61%	21.11%
Effective Tax Rate	-18.64%	-19.79%	8.40%	-5.25%	0.59%	-279.64%

Updated Feb 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q