Devon Energy (DVN) Revenue (2009 - 2026)
Devon Energy (DVN) posted quarterly Revenue of $4.5 billion for Q1 2026, down 0.92% year-over-year from $4.6 billion in Q1 2025, and up 14.5% quarter-over-quarter from $3.9 billion in Q4 2025.
Devon Energy (DVN) Revenue (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Revenue for 18 consecutive years, with $4.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 0.92% year-over-year to $4.5 billion; the TTM figure through Mar 2026 stood at $17.0 billion (changed 0.15% YoY), while the FY2025 annual figure was $16.8 billion, up 5.45% from the prior year.
- Revenue improved to $4.5 billion in Q1 2026 per DVN's latest filing, from $3.9 billion in the prior quarter.
- Across five years, Revenue topped out at $5.8 billion in Q2 2022 and bottomed at $3.5 billion in Q2 2023.
- Historically, Revenue has averaged $4.3 billion across 5 years, with a median of $4.3 billion in 2025.
- Annual changes were most pronounced in 2022 — Revenue surged 85.77% — and 2023, when it sank 39.1%.
- Devon Energy's Revenue stood at $4.4 billion in 2022, then decreased by 7.47% to $4.0 billion in 2023, then increased by 11.42% to $4.5 billion in 2024, then dropped by 12.26% to $3.9 billion in 2025, then climbed by 14.5% to $4.5 billion in 2026.
- Business Quant data shows DVN's Revenue at $4.5 billion in Q1 2026, $3.9 billion in Q4 2025, and $4.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 19.52 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 12.44 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 8.62 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 5.56 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 7.42 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.59 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 8.07 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.81 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 246.06 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 2.96 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.42 Bn |
| Mar 31, 2026 | 4.51 Bn |
| Dec 31, 2025 | 3.94 Bn |
| Sep 30, 2025 | 4.25 Bn |
| Jun 30, 2025 | 4.28 Bn |
| Mar 31, 2025 | 4.55 Bn |
| Dec 31, 2024 | 4.49 Bn |
| Sep 30, 2024 | 4.02 Bn |
| Jun 30, 2024 | 3.89 Bn |
| Mar 31, 2024 | 3.74 Bn |
| Dec 31, 2023 | 4.03 Bn |
| Sep 30, 2023 | 4.03 Bn |
| Jun 30, 2023 | 3.53 Bn |
| Mar 31, 2023 | 3.76 Bn |
| Dec 31, 2022 | 4.35 Bn |
| Sep 30, 2022 | 5.43 Bn |
| Jun 30, 2022 | 5.80 Bn |
| Mar 31, 2022 | 4.50 Bn |
| Dec 31, 2021 | 5.82 Bn |
| Sep 30, 2021 | 3.80 Bn |