Diamondback Energy financials
$183.95−0.69%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.93B | $11.02B | $8.34B | $9.57B | $6.80B | $2.81B | $3.96B | $2.18B | $1.21B | $527.1M |
| Gross profit | $12.94B | $9.75B | $7.94B | $9.31B | $6.58B | $2.81B | $3.79B | $2.08B | $1.21B | $515.5M |
| Gross margin | 86.7% | 88.4% | 95.2% | 97.3% | 96.9% | 100.0% | 95.5% | 95.5% | 100.0% | 97.8% |
| Operating income | $1.27B | $4.40B | $4.57B | $6.51B | $4.00B | -$5.48B | $695.0M | $1.05B | $605.0M | -$68.6M |
| Net income | $1.66B | $3.32B | $3.12B | $4.34B | $2.16B | -$4.52B | $240.0M | $846.0M | $482.0M | -$165.0M |
| Net margin | 11.1% | 30.1% | 37.4% | 45.4% | 31.8% | −160.6% | 6.1% | 38.9% | 40.0% | −31.3% |
| Diluted EPS | $5.73 | $15.53 | $17.34 | $24.61 | $12.24 | $-28.61 | $1.47 | $8.06 | $4.94 | $-2.20 |
| EBITDA | $9.96B | $7.25B | $6.32B | $7.87B | $5.28B | $1.86B | $2.94B | $1.67B | $932.0M | $354.9M |
| Operating cash flow | $8.76B | $6.41B | $5.92B | $6.33B | $3.94B | $2.12B | $2.74B | $1.56B | $889.0M | $332.1M |
| Free cash flow | -$703.0M | -$5.37B | $1.21B | $2.71B | $1.67B | $61.0M | -$958.0M | -$1.91B | -$2.36B | -$859.1M |
| Diluted shares | 289.1M | 213.5M | 180.0M | 176.5M | 176.6M | 158.0M | 163.8M | 104.9M | 97.7M | 75.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $104.0M | $161.0M | $582.0M | $157.0M | $654.0M | $104.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $14.49B | $12.97B | $6.64B | $6.25B | $6.69B | $5.82B |
| Total assets | $71.06B | $67.29B | $29.00B | $26.21B | $22.90B | $17.62B |
| Total liabilities | $28.09B | $27.43B | $11.57B | $10.52B | $9.65B | $7.82B |
| Shareholders' equity | $42.97B | $39.86B | $17.43B | $15.69B | $13.24B | $9.80B |
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