Devon Energy (DVN) Operating Income (2009 - 2026)

Devon Energy's (DVN) quarterly Operating Income came in at $166.0 million in Q1 2026, down 74.3% year-on-year from $646.0 million in Q1 2025, and down 77.78% on a QoQ basis from $747.0 million in Q4 2025.

Devon Energy (DVN) Operating Income (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has 18 years of Operating Income data on file, last reported at $166.0 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 74.3% year-over-year to $166.0 million in Q1 2026; TTM through Mar 2026 was $3.0 billion, a 16.82% decrease from a year earlier, with the FY2025 full-year figure at $3.5 billion, down 6.63% from the prior year.
  • Operating Income for Q1 2026 stood at $166.0 million, down from $747.0 million in the prior quarter.
  • Over the last five years, Operating Income for DVN reached as high as $2.5 billion in Q2 2022 and fell as low as $166.0 million in Q1 2026.
  • Historically, Operating Income has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2024.
  • Across the five-year window, Operating Income surged 4043.75% in 2022 and slumped 74.3% in 2026, its largest moves.
  • Year by year, Operating Income stood at $1.6 billion in 2022, then retreated by 7.92% to $1.4 billion in 2023, then tumbled by 41.26% to $840.0 million in 2024, then fell by 11.07% to $747.0 million in 2025, then tumbled by 77.78% to $166.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $166.0 million in Q1 2026, $747.0 million in Q4 2025, and $912.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.20 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 116.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 19.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 394.04 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 182.33 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 166.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.53 Bn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 994.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 304.00 Mn