Devon Energy (DVN) Gross Profit (2009 - 2026)
Devon Energy (DVN) posted quarterly Gross Profit of $3.6 billion for Q1 2026, down 0.66% year-over-year from $3.6 billion in Q1 2025, and up 17.49% quarter-over-quarter from $3.1 billion in Q4 2025.
Devon Energy (DVN) Gross Profit (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Gross Profit for 18 consecutive years, with $3.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit fell 0.66% year-over-year to $3.6 billion; the TTM figure through Mar 2026 stood at $13.4 billion (down 1.32% YoY), while the FY2025 annual figure was $13.2 billion, up 3.79% from the prior year.
- Gross Profit improved to $3.6 billion in Q1 2026 per DVN's latest filing, from $3.1 billion in the prior quarter.
- Across five years, Gross Profit topped out at $5.1 billion in Q2 2022 and bottomed at $2.8 billion in Q2 2023.
- Historically, Gross Profit has averaged $3.5 billion across 5 years, with a median of $3.4 billion in 2025.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 94.36% — and 2023, when it tumbled 44.52%.
- Devon Energy's Gross Profit stood at $3.6 billion in 2022, then dropped by 10.15% to $3.3 billion in 2023, then advanced by 10.34% to $3.6 billion in 2024, then declined by 14.7% to $3.1 billion in 2025, then increased by 17.49% to $3.6 billion in 2026.
- Business Quant data shows DVN's Gross Profit at $3.6 billion in Q1 2026, $3.1 billion in Q4 2025, and $3.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.02 Bn |
| Jun 30, 2026 | 6.02 Bn |
| Mar 31, 2026 | 3.61 Bn |
| Mar 31, 2026 | 3.61 Bn |
| Dec 31, 2025 | 3.08 Bn |
| Dec 31, 2025 | 3.08 Bn |
| Sep 30, 2025 | 3.36 Bn |
| Sep 30, 2025 | 3.36 Bn |
| Jun 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 3.39 Bn |
| Mar 31, 2025 | 3.64 Bn |
| Mar 31, 2025 | 3.64 Bn |
| Dec 31, 2024 | 3.61 Bn |
| Dec 31, 2024 | 3.61 Bn |
| Sep 30, 2024 | 3.26 Bn |
| Sep 30, 2024 | 3.26 Bn |
| Jun 30, 2024 | 3.11 Bn |
| Jun 30, 2024 | 3.11 Bn |
| Mar 31, 2024 | 2.99 Bn |
| Mar 31, 2024 | 2.99 Bn |