Devon Energy (DVN) Operating Income (2009 - 2026)
Devon Energy's (DVN) quarterly Operating Income came in at $2.4 billion in Q2 2026, up 105.34% year-over-year from $1.2 billion in Q2 2025, and up 1336.14% quarter-over-quarter from $166.0 million in Q1 2026.
Analysis
Devon Energy (DVN) Operating Income (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Operating Income for 18 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income rose 105.34% year-over-year to $2.4 billion in Q2 2026; TTM through Jun 2026 was $4.2 billion, a 13.42% increase from a year earlier, with the FY2025 full-year figure at $3.5 billion, down 6.63% from the prior year.
- Operating Income was $2.4 billion for Q2 2026 at Devon Energy, up from $166.0 million in the prior quarter.
- Over five years, Operating Income peaked at $2.5 billion in Q2 2022 and troughed at $166.0 million in Q1 2026.
- A 5-year average of $1.2 billion and a median of $1.1 billion in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 4043.75% in 2022 and sank 74.3% in 2026, its largest moves.
- Over 5 years, Operating Income stood at $1.6 billion in 2022, then slipped by 7.92% to $1.4 billion in 2023, then tumbled by 41.26% to $840.0 million in 2024, then decreased by 11.07% to $747.0 million in 2025, then soared by 219.14% to $2.4 billion in 2026.
- The last three Operating Income figures came in at $2.4 billion (Q2 2026), $166.0 million (Q1 2026), and $747.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.36 Bn | 158.67 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.48 Bn | 104.59 Bn | 8.84 Bn | 8.73 Bn |
| 3 | Eog Resources | 77.48 Bn | 72.58 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 57.49 Bn | 57.03 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.66 Bn | 45.65 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Expand Energy | 23.15 Bn | 21.88 Bn | 2.33 Bn | 661.00 Mn |
| 7 | Permian Resources | 19.91 Bn | 19.65 Bn | - | 928.18 Mn |
| 8 | Ovintiv | 17.99 Bn | 17.10 Bn | 2.83 Bn | 994.00 Mn |
| 9 | Apa | 15.85 Bn | 15.40 Bn | 2.28 Bn | 1.16 Bn |
| 10 | Antero Resources | 12.19 Bn | 11.62 Bn | 1.56 Bn | 375.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.38 Bn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 747.00 Mn |
| Sep 30, 2025 | 912.00 Mn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 646.00 Mn |
| Dec 31, 2024 | 840.00 Mn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.04 Bn |
| Mar 31, 2024 | 768.00 Mn |
| Dec 31, 2023 | 1.43 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 897.00 Mn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 2.47 Bn |
| Jun 30, 2022 | 2.50 Bn |
| Mar 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 1.66 Bn |
| Sep 30, 2021 | 964.00 Mn |