Diamondback Energy, Inc.
FANG Energy Oil & Gas E&P
Diamondback Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, up 35.8% from fiscal 2024. In the quarter to June 2026, revenue grew 51.2%, EPS grew 179.4%, free cash flow grew 219.2% and total debt fell 16.6%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100.
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Diamondback Energy, Inc. (FANG) Net income
Diamondback Energy, Inc.'s net income for fiscal 2025 was $1.5B, down 58.2% from $3.7B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.5B. Over the past ten years it has ranged from −$4.7B (fiscal 2020) to $4.6B (fiscal 2022); the current reading is higher than 64% of that period. Diamondback Energy, Inc. ranks 9th of 72 Oil & Gas E&P companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $1.5B | (58.20%) |
| FY2024 | $3.7B | 10.94% |
| FY2023 | $3.3B | (26.87%) |
| FY2022 | $4.6B | 100.44% |
| FY2021 | $2.3B | — |
| FY2020 | −$4.7B | — |
| FY2019 | $315.0M | (66.67%) |
| FY2018 | $945.0M | 82.79% |
| FY2017 | $517.0M | — |
| FY2016 | −$164.9M | — |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $2.1B | 1,327.08% |
| Mar 2026 | $144.0M | — |
| Dec 2025 | −$1.8B | — |
| Sep 2025 | $1.1B | 46.55% |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| WDS Woodside Energy Group Ltd compare | $9.4B |
| OXY Occidental Petroleum Corporation compare | $7.3B |
| EOG EOG Resources, Inc. compare | $6.9B |
| DVN Devon Energy Corporation compare | $3.3B |
| EQT EQT Corporation compare | $3.0B |
| EXE Expand Energy Corporation compare | $2.8B |
| FANG Diamondback Energy, Inc. | $1.5B |
| PR Permian Resources Corporation compare | $1.3B |
| TPL Texas Pacific Land Corporation compare | $541.4M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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