Diamondback Energy Quarterly Income Statement
NASDAQ: FANGEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Diamondback Energy revenue and earnings
In the quarter ended Jun 30, 2026, Diamondback Energy generated $5.56 billion in revenue, up 51.2% from the same quarter a year earlier. Net income was $1.88 billion (+169.2% year over year), for a net margin of 33.8% versus a median of 19.0% in the prior 5 quarters. Operating margin was 45.2%.
Diluted earnings per share came in at $6.65, up from $2.38.
Summary generated from market data by MetaCap's automated system. Methodology
Diamondback 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 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.56B | 4.24B | 3.38B | 3.92B | 3.68B | 4.05B | 3.71B | 2.65B | 2.48B | 2.23B | 2.23B | 2.34B |
| Revenue growth (YoY) | +51.22% | +4.74% | -9.03% | +48.36% | +48.13% | +81.77% | +66.56% | +13.03% | +29.39% | +15.69% | +9.75% | -3.98% |
| Selling, General & Admin | 72.00M | 79.00M | 78.00M | 70.00M | 67.00M | 73.00M | 72.00M | 49.00M | 46.00M | 46.00M | 39.00M | 34.00M |
| Operating Income | 2.51B | 116.00M | -2.78B | 1.24B | 1.14B | 1.67B | 1.41B | 710.00M | 1.16B | 1.12B | 1.21B | 1.34B |
| Other Income (Expense) | 123.00M | 60.00M | 449.00M | 134.00M | -196.00M | 221.00M | -7.00M | 208.00M | -10.00M | -86.00M | 70.00M | -71.00M |
| Pretax Income | 2.63B | 176.00M | -2.33B | 1.37B | 943.00M | 1.89B | 1.41B | 918.00M | 1.15B | 1.03B | 1.27B | 1.27B |
| Income Tax | 580.00M | 32.00M | -567.00M | 287.00M | 204.00M | 403.00M | 115.00M | 210.00M | 252.00M | 223.00M | 264.00M | 276.00M |
| Net Income | 1.88B | 25.00M | -1.46B | 1.02B | 699.00M | 1.41B | 1.07B | 659.00M | 837.00M | 768.00M | 960.00M | 915.00M |
| Net Income growth (YoY) | +169.24% | -98.22% | -235.75% | +54.48% | -16.49% | +82.94% | +11.88% | -27.98% | +50.54% | +7.87% | -4.67% | -22.72% |
| EPS (Basic) | 6.65 | 0.08 | -4.99 | 3.51 | 2.38 | 4.83 | 3.40 | 3.19 | 4.66 | 4.28 | 5.34 | 5.07 |
| EPS (Diluted) | 6.65 | 0.08 | -4.99 | 3.51 | 2.38 | 4.83 | 3.40 | 3.19 | 4.66 | 4.28 | 5.34 | 5.07 |
| Shares Outstanding (Basic) | 281.20M | 282.79M | — | 288.83M | 292.13M | 289.61M | — | 204.73M | 178.36M | 178.48M | — | 178.87M |
| Shares Outstanding (Diluted) | 281.20M | 282.79M | — | 288.83M | 292.13M | 289.61M | — | 204.73M | 178.36M | 178.48M | — | 178.87M |
| EBITDA | 3.78B | 1.41B | -1.39B | 2.52B | 2.40B | 2.77B | 2.57B | 1.45B | 1.64B | 1.59B | 1.67B | 1.78B |
| Operating Margin | 45.16% | 2.74% | -82.41% | 31.50% | 30.97% | 41.33% | 38.05% | 26.84% | 46.56% | 50.20% | 54.08% | 57.26% |
| Net Margin | 33.84% | 59.00% | -43.19% | 25.94% | 19.00% | 34.71% | 28.94% | 24.91% | 33.71% | 34.49% | 43.09% | 39.10% |
This table shows 12 quarterly periods of Diamondback Energy's income statement, from Q2 2026 back to Q3 2023, across 16 line items including revenue, operating expenses, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow FANG's reporting calendar. What is a income statement?