Diamondback Energy financials
$183.95−0.69%
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 | $5.56B | $4.24B | $3.28B | $3.92B | $3.68B | $4.05B | $3.67B | $2.65B | $2.48B | $2.23B | $2.15B | $2.34B |
| Gross profit | $4.83B | $3.73B | $2.46B | $3.47B | $3.35B | $3.56B | $3.09B | $2.37B | $2.10B | $2.03B | $2.02B | $2.21B |
| Gross margin | 86.9% | 87.9% | 75.0% | 88.4% | 91.0% | 87.8% | 84.2% | 89.4% | 84.7% | 91.3% | 94.0% | 94.4% |
| Operating income | $2.51B | $116.0M | -$2.78B | $1.24B | $1.14B | $1.67B | $1.41B | $710.0M | $1.16B | $1.12B | $1.21B | $1.34B |
| Net income | $1.88B | $25.0M | -$1.45B | $1.01B | $699.0M | $1.41B | $1.07B | $653.0M | $831.0M | $763.0M | $938.0M | $915.0M |
| Net margin | 33.8% | 0.6% | −44.3% | 25.8% | 19.0% | 34.7% | 29.2% | 24.7% | 33.5% | 34.3% | 43.5% | 39.1% |
| Diluted EPS | $6.65 | $0.08 | $-5.08 | $3.51 | $2.38 | $4.83 | $3.66 | $3.19 | $4.66 | $4.28 | $5.25 | $5.07 |
| EBITDA | $3.78B | $2.81B | $2.17B | $2.54B | $2.40B | $2.77B | $2.29B | $1.71B | $1.64B | $1.60B | $1.21B | $1.78B |
| Operating cash flow | $3.59B | $1.83B | $2.34B | $2.38B | $1.68B | $2.35B | $2.34B | $1.21B | $1.53B | $1.33B | $1.62B | $1.36B |
| Free cash flow | $2.15B | $581.0M | $873.0M | $73.0M | -$2.31B | $663.0M | $482.0M | -$7.27B | $842.0M | $572.0M | $155.0M | $506.0M |
| Diluted shares | 281.2M | 282.8M | 285.7M | 288.8M | 292.1M | 289.6M | 292.6M | 204.7M | 178.4M | 178.5M | 178.8M | 178.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $462.0M | $174.0M | $104.0M | $159.0M | $219.0M | $1.82B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $12.61B | $13.90B | $14.49B | $16.24B | $15.13B | $13.91B |
| Total assets | $70.22B | $70.08B | $71.06B | $76.21B | $71.94B | $70.07B |
| Total liabilities | $26.23B | $27.44B | $28.09B | $30.58B | $29.12B | $28.32B |
| Shareholders' equity | $43.98B | $42.64B | $42.97B | $45.63B | $42.82B | $41.74B |
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