Devon Energy (DVN) Deferred Taxes (2009 - 2026)
Devon Energy's (DVN) quarterly Deferred Taxes came in at $234.0 million in Q1 2026, up 470.73% year-on-year from $41.0 million in Q1 2025, and up 178.57% on a QoQ basis from $84.0 million in Q4 2025.
Devon Energy (DVN) Deferred Taxes (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Deferred Taxes data on file, last reported at $234.0 million in Q1 2026.
- On a quarterly basis, Deferred Taxes rose 470.73% year-over-year to $234.0 million in Q1 2026; TTM through Mar 2026 was $599.0 million, a 123.51% increase from a year earlier, with the FY2025 full-year figure at $406.0 million, up 52.06% from the prior year.
- Deferred Taxes for Q1 2026 stood at $234.0 million, up from $84.0 million in the prior quarter.
- Over the last five years, Deferred Taxes for DVN reached as high as $445.0 million in Q3 2022 and fell as low as $13.0 million in Q3 2023.
- Historically, Deferred Taxes has averaged $139.6 million across 5 years, with a median of $119.0 million in 2023.
- Across the five-year window, Deferred Taxes soared 1170.83% in 2022 and tumbled 97.08% in 2023, its largest moves.
- Year by year, Deferred Taxes stood at $176.0 million in 2022, then retreated by 6.82% to $164.0 million in 2023, then sank by 85.37% to $24.0 million in 2024, then soared by 250.0% to $84.0 million in 2025, then jumped by 178.57% to $234.0 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were $234.0 million in Q1 2026, $84.0 million in Q4 2025, and $263.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 102.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 18.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | -242.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 50.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 81.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | -3.58 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 234.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 319.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 61.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 234.00 Mn |
| Dec 31, 2025 | 84.00 Mn |
| Sep 30, 2025 | 263.00 Mn |
| Jun 30, 2025 | 18.00 Mn |
| Mar 31, 2025 | 41.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 164.00 Mn |
| Jun 30, 2024 | 39.00 Mn |
| Mar 31, 2024 | 40.00 Mn |
| Dec 31, 2023 | 164.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 119.00 Mn |
| Mar 31, 2023 | 80.00 Mn |
| Dec 31, 2022 | 176.00 Mn |
| Sep 30, 2022 | 445.00 Mn |
| Jun 30, 2022 | 305.00 Mn |
| Mar 31, 2022 | 164.00 Mn |
| Dec 31, 2021 | 109.00 Mn |
| Sep 30, 2021 | 119.00 Mn |
| Jun 30, 2021 | 24.00 Mn |