Devon Energy (DVN) Net Income (2009 - 2026)
Devon Energy (DVN) posted quarterly Net Income of $216.0 million for Q1 2026, down 39.83% year-over-year from $359.0 million in Q1 2025, and down 75.2% quarter-over-quarter from $871.0 million in Q4 2025.
Devon Energy (DVN) Net Income (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Net Income for 18 consecutive years, with $216.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 39.83% year-over-year to $216.0 million; the TTM figure through Mar 2026 stood at $2.5 billion (down 23.35% YoY), while the FY2025 annual figure was $2.6 billion, down 12.79% from the prior year.
- Net Income slipped to $216.0 million in Q1 2026 per DVN's latest filing, from $871.0 million in the prior quarter.
- Across five years, Net Income topped out at $2.3 billion in Q3 2022 and bottomed at $216.0 million in Q1 2026.
- Historically, Net Income has averaged $1.0 billion across 5 years, with a median of $851.0 million in 2023.
- Annual changes were most pronounced in 2022 — Net Income soared 3211.43% — and 2023, when it plunged 72.49%.
- Devon Energy's Net Income stood at $1.2 billion in 2022, then surged by 55.56% to $1.9 billion in 2023, then slipped by 28.14% to $1.3 billion in 2024, then slumped by 35.29% to $871.0 million in 2025, then tumbled by 75.2% to $216.0 million in 2026.
- Business Quant data shows DVN's Net Income at $216.0 million in Q1 2026, $871.0 million in Q4 2025, and $549.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.64 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 522.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.79 Bn |
| Mar 31, 2026 | 216.00 Mn |
| Dec 31, 2025 | 871.00 Mn |
| Sep 30, 2025 | 549.00 Mn |
| Jun 30, 2025 | 823.00 Mn |
| Mar 31, 2025 | 359.00 Mn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 746.00 Mn |
| Jun 30, 2024 | 757.00 Mn |
| Mar 31, 2024 | 575.00 Mn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 851.00 Mn |
| Jun 30, 2023 | 617.00 Mn |
| Mar 31, 2023 | 999.00 Mn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 2.35 Bn |
| Jun 30, 2022 | 2.24 Bn |
| Mar 31, 2022 | 1.16 Bn |
| Dec 31, 2021 | 1.66 Bn |
| Sep 30, 2021 | 844.00 Mn |