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Diamondback Energy (FANG) Cost of Revenue (2016 - 2026)

Diamondback Energy has reported Cost of Revenue over the past 15 years, most recently at -$577.0 million for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue fell 270.71% year-over-year to -$577.0 million, compared with a TTM value of -$288.0 million through Dec 2025, down 154.96%, and an annual FY2025 reading of $77.0 million, down 81.03% over the prior year.
  • Cost of Revenue came in at -$577.0 million for Q4 2025, down from $36.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $338.0 million in Q4 2024 to a low of -$577.0 million in Q4 2025.
  • Median Cost of Revenue over the past 5 years was $38.5 million (2023), compared with a mean of $36.2 million.
  • The sharpest move saw Cost of Revenue skyrocketed 10400.0% in 2021, then tumbled 2835.71% in 2022.
  • Over 5 years, Cost of Revenue stood at $14.0 million in 2021, then tumbled by 2835.71% to -$383.0 million in 2022, then skyrocketed by 109.92% to $38.0 million in 2023, then skyrocketed by 789.47% to $338.0 million in 2024, then plummeted by 270.71% to -$577.0 million in 2025.
  • Per Business Quant, the three most recent readings for FANG's Cost of Revenue are -$577.0 million (Q4 2025), $36.0 million (Q3 2025), and $214.0 million (Q2 2025).