Devon Energy financials
$46.60−0.28%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.00B | $4.51B | $3.94B | $4.25B | $4.05B | $4.55B | $4.49B | $3.80B | $3.92B | $3.74B | $4.03B | $3.84B |
| Gross profit | $3.74B | $2.07B | $1.69B | $1.90B | $1.79B | $2.20B | $2.20B | $1.89B | $2.02B | $1.86B | $2.17B | $1.92B |
| Gross margin | 53.3% | 45.9% | 42.8% | 44.8% | 44.3% | 48.4% | 49.1% | 49.6% | 51.6% | 49.6% | 54.0% | 50.0% |
| Operating income | $1.88B | $994.0M | $657.0M | $902.0M | $736.0M | $878.0M | $1.07B | $970.0M | $1.14B | $1.01B | $1.41B | $1.17B |
| Net income | $1.91B | $120.0M | $562.0M | $687.0M | $899.0M | $494.0M | $639.0M | $812.0M | $844.0M | $596.0M | $1.15B | $910.0M |
| Net margin | 27.3% | 2.7% | 14.3% | 16.2% | 22.2% | 10.9% | 14.2% | 21.4% | 21.5% | 15.9% | 28.6% | 23.7% |
| Diluted EPS | $2.03 | $0.19 | $0.90 | $1.09 | $1.41 | $0.77 | $0.98 | $1.30 | $1.34 | $0.94 | $1.79 | $1.42 |
| EBITDA | $3.54B | $1.92B | $1.55B | $1.78B | $1.66B | $2.06B | $2.04B | $1.76B | $1.90B | $1.73B | $1.41B | $1.82B |
| Operating cash flow | $3.67B | $1.66B | $1.53B | $1.69B | $1.54B | $1.94B | $1.66B | $1.66B | $1.53B | $1.74B | $1.74B | $1.73B |
| Free cash flow | -$373.0M | $626.0M | $601.0M | $623.0M | $573.0M | $1.00B | $622.0M | -$2.82B | $587.0M | $836.0M | $817.0M | $820.0M |
| Diluted shares | 940.0M | 618.0M | 622.0M | 629.0M | 636.0M | 645.0M | 653.0M | 623.0M | 628.0M | 632.0M | 643.0M | 639.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $0.00 | $0.00 | $0.00 | $1.28B | $1.76B | $1.23B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $11.39B | $8.39B | $8.39B | $8.39B | $8.88B | $8.88B |
| Total assets | $70.89B | $32.54B | $31.60B | $31.22B | $31.39B | $30.93B |
| Total liabilities | $29.15B | $17.11B | $16.07B | $15.87B | $16.10B | $16.16B |
| Shareholders' equity | $41.75B | $15.43B | $15.53B | $15.35B | $15.29B | $14.77B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology