Devon Energy (DVN) Net Income (2009 - 2026)
Devon Energy's (DVN) quarterly Net Income came in at $1.6 billion in Q2 2026, up 143.26% year-over-year from $675.0 million in Q2 2025, and up 1192.91% quarter-over-quarter from $127.0 million in Q1 2026.
Analysis
Devon Energy (DVN) Net Income (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Net Income for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Income rose 143.26% year-over-year to $1.6 billion in Q2 2026; TTM through Jun 2026 was $2.6 billion, a 30.48% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, down 20.25% from the prior year.
- Net Income was $1.6 billion for Q2 2026 at Devon Energy, up from $127.0 million in the prior quarter.
- Over five years, Net Income peaked at $1.9 billion in Q2 2022 and troughed at $127.0 million in Q1 2026.
- A 5-year average of $815.4 million and a median of $683.0 million in 2024 frame the typical range for Net Income.
- Across the five-year window, Net Income jumped 642.53% in 2022 and plunged 72.96% in 2023, its largest moves.
- Over 5 years, Net Income stood at $1.2 billion in 2022, then retreated by 27.99% to $867.0 million in 2023, then sank by 54.79% to $392.0 million in 2024, then fell by 14.29% to $336.0 million in 2025, then jumped by 388.69% to $1.6 billion in 2026.
- The last three Net Income figures came in at $1.6 billion (Q2 2026), $127.0 million (Q1 2026), and $336.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 3.48 Bn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 1.64 Bn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 522.00 Mn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 792.46 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 456.00 Mn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 1.04 Bn |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 286.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64 Bn |
| Mar 31, 2026 | 127.00 Mn |
| Dec 31, 2025 | 336.00 Mn |
| Sep 30, 2025 | 459.00 Mn |
| Jun 30, 2025 | 675.00 Mn |
| Mar 31, 2025 | 259.00 Mn |
| Dec 31, 2024 | 392.00 Mn |
| Sep 30, 2024 | 639.00 Mn |
| Jun 30, 2024 | 691.00 Mn |
| Mar 31, 2024 | 446.00 Mn |
| Dec 31, 2023 | 867.00 Mn |
| Sep 30, 2023 | 746.00 Mn |
| Jun 30, 2023 | 524.00 Mn |
| Mar 31, 2023 | 838.00 Mn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.90 Bn |
| Jun 30, 2022 | 1.94 Bn |
| Mar 31, 2022 | 995.00 Mn |
| Dec 31, 2021 | 1.51 Bn |
| Sep 30, 2021 | 844.00 Mn |