Diamondback Energy, Inc. (FANG) Cost of Revenue (2011 - 2026)

Diamondback Energy (FANG) has reported Cost of Revenue for 16 consecutive years, with $24.0 million the latest figure, recorded in Q1 2026.

• Quarterly Cost of Revenue fell 68.42% year-over-year to $24.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $62.0 million (down 49.59% YoY) and the FY2025 annual result came in at $77.0 million, down 81.03% from the prior year.
• Cost of Revenue came in at $24.0 million for Q1 2026 at Diamondback Energy, up from -$34.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $161.0 million in Q1 2022, with the low at -$383.0 million in Q4 2022.
• A 5-year average of $10.8 million and a median of $32.0 million in 2022 frame the typical range for Cost of Revenue.
• Year-over-year, Cost of Revenue jumped 3925.0% in 2022 and sank 385.71% in 2025.
• Tracing FANG's Cost of Revenue over 5 years: stood at -$383.0 million in 2022, then gained by 29.5% to -$270.0 million in 2023, then surged by 97.41% to -$7.0 million in 2024, then sank by 385.71% to -$34.0 million in 2025, then soared by 170.59% to $24.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $24.0 million in Q1 2026, -$34.0 million in Q4 2025, and $36.0 million in Q3 2025.