Devon Energy Quarterly Income Statement
NYSE: DVNEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Devon Energy revenue and earnings
In the quarter ended Jun 30, 2026, Devon Energy generated $7.42 billion in revenue, up 73.1% from the same quarter a year earlier. Net income was $1.91 billion (+112.6% year over year), for a net margin of 25.8% versus a median of 13.6% in the prior 5 quarters. Diluted earnings per share came in at $2.03, up from $1.41.
Summary generated from market data by MetaCap's automated system. Methodology
Devon Energy income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20252024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.42B | 3.81B | 4.12B | 4.33B | 4.28B | 4.45B | 4.40B | 4.02B | 3.92B | 3.60B | 4.14B | 3.84B |
| Revenue growth (YoY) | +73.13% | -14.49% | -6.40% | +7.63% | +9.37% | +23.80% | +6.22% | +4.90% | +13.40% | -5.94% | -3.58% | -29.38% |
| Operating Expenses | 5.51B | 3.69B | 3.56B | 3.64B | 3.37B | 3.94B | 3.75B | 3.20B | 3.06B | 2.99B | — | — |
| Interest Expense | 144.00M | 118.00M | 119.00M | 125.00M | 126.00M | 127.00M | 128.00M | 98.00M | 88.00M | 87.00M | 87.00M | 93.00M |
| Pretax Income | 2.38B | 166.00M | 747.00M | 912.00M | 1.16B | 646.00M | 840.00M | 1.06B | 1.04B | 768.00M | 1.43B | 1.07B |
| Income Tax | 473.00M | 46.00M | 185.00M | 219.00M | 244.00M | 137.00M | 187.00M | 239.00M | 185.00M | 159.00M | 269.00M | 152.00M |
| Net Income | 1.91B | 120.00M | 562.00M | 687.00M | 899.00M | 494.00M | 641.00M | 812.00M | 844.00M | 596.00M | 1.14B | 910.00M |
| Net Income growth (YoY) | +112.57% | -75.71% | -12.32% | -15.39% | +6.52% | -17.11% | -43.97% | -10.77% | +22.32% | -40.10% | -6.00% | -51.93% |
| EPS (Basic) | 2.04 | 0.19 | 0.90 | 1.09 | 1.42 | 0.77 | 0.97 | 1.31 | 1.35 | 0.95 | 1.82 | 1.43 |
| EPS (Diluted) | 2.03 | 0.19 | 0.90 | 1.09 | 1.41 | 0.77 | 0.98 | 1.30 | 1.34 | 0.94 | 1.82 | 1.42 |
| Shares Outstanding (Basic) | 937.00M | 616.00M | — | 628.00M | 635.00M | 643.00M | — | 622.00M | 626.00M | 629.00M | — | 637.00M |
| Shares Outstanding (Diluted) | 940.00M | 618.00M | — | 629.00M | 636.00M | 645.00M | — | 623.00M | 628.00M | 632.00M | — | 639.00M |
| Net Margin | 25.77% | 3.15% | 13.64% | 15.86% | 20.99% | 11.10% | 14.56% | 20.18% | 21.55% | 16.57% | 27.60% | 23.72% |
This table shows 12 quarterly periods of Devon Energy's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DVN's reporting calendar. What is a income statement?