Viper Energy financials
$40.08−1.11%
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 |
|---|---|---|---|---|
| Revenue | $677.0M | $511.0M | $435.0M | $418.0M |
| Gross profit | $677.0M | $511.0M | $435.0M | $418.0M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $428.0M | $253.0M | -$223.0M | -$176.0M |
| Net income | $142.0M | $97.0M | -$103.0M | -$77.0M |
| Net margin | 21.0% | 19.0% | −23.7% | −18.4% |
| Diluted EPS | $0.73 | $0.53 | $-0.61 | $-0.52 |
| EBITDA | $623.0M | $459.0M | $419.0M | $366.0M |
| Operating cash flow | $487.0M | $328.0M | $399.0M | $281.0M |
| Free cash flow | $384.0M | $298.0M | $332.0M | -$2.08B |
| Diluted shares | 193.7M | 181.4M | 169.0M | 148.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 |
|---|---|---|---|---|
| Cash & equivalents | $77.0M | $28.0M | $13.0M | $53.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.68B | $1.60B | $2.19B | $2.62B |
| Total assets | $12.05B | $12.05B | $12.67B | $13.69B |
| Total liabilities | $1.77B | $1.68B | $2.31B | $2.75B |
| Shareholders' equity | $10.28B | $10.37B | $10.36B | $10.94B |
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