Devon Energy (DVN) Profit After Tax (2009 - 2026)
Devon Energy (DVN) posted quarterly Profit After Tax of $120.0 million for Q1 2026, down 76.42% year-over-year from $509.0 million in Q1 2025, and down 77.06% quarter-over-quarter from $523.0 million in Q4 2025.
Devon Energy (DVN) Profit After Tax (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Profit After Tax for 18 consecutive years, with $120.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax fell 76.42% year-over-year to $120.0 million; the TTM figure through Mar 2026 stood at $2.2 billion (down 20.26% YoY), while the FY2025 annual figure was $2.6 billion, down 10.2% from the prior year.
- Profit After Tax fell to $120.0 million in Q1 2026 per DVN's latest filing, from $523.0 million in the prior quarter.
- Across five years, Profit After Tax topped out at $1.9 billion in Q2 2022 and bottomed at $120.0 million in Q1 2026.
- Historically, Profit After Tax has averaged $911.1 million across 5 years, with a median of $844.0 million in 2024.
- Annual changes were most pronounced in 2022 — Profit After Tax jumped 648.26% — and 2026, when it plunged 76.42%.
- Devon Energy's Profit After Tax stood at $1.2 billion in 2022, then retreated by 5.07% to $1.2 billion in 2023, then sank by 43.76% to $653.0 million in 2024, then declined by 19.91% to $523.0 million in 2025, then plunged by 77.06% to $120.0 million in 2026.
- Business Quant data shows DVN's Profit After Tax at $120.0 million in Q1 2026, $523.0 million in Q4 2025, and $687.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (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 | 3.26 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.73 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 | 1.91 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 | 1.91 Bn |
| Mar 31, 2026 | 120.00 Mn |
| Dec 31, 2025 | 523.00 Mn |
| Sep 30, 2025 | 687.00 Mn |
| Jun 30, 2025 | 917.00 Mn |
| Mar 31, 2025 | 509.00 Mn |
| Dec 31, 2024 | 653.00 Mn |
| Sep 30, 2024 | 812.00 Mn |
| Jun 30, 2024 | 844.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 910.00 Mn |
| Jun 30, 2023 | 698.00 Mn |
| Mar 31, 2023 | 995.00 Mn |
| Dec 31, 2022 | 1.22 Bn |
| Sep 30, 2022 | 1.90 Bn |
| Jun 30, 2022 | 1.94 Bn |
| Mar 31, 2022 | 989.00 Mn |
| Dec 31, 2021 | 1.53 Bn |
| Sep 30, 2021 | 844.00 Mn |