Diamondback Energy (FANG) Cost of Revenue (2011 - 2026)

Diamondback Energy (FANG) has 16 years of Cost of Revenue data on file, last reported at $24.0 million 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 86.75% YoY) and the FY2025 annual result came in at $77.0 million, down 81.03% from the prior year.
• Cost of Revenue improved to $24.0 million in Q1 2026, from -$34.0 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 -$34.0 million in Q4 2025.
• A 5-year average of $47.5 million and a median of $32.0 million in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2024 — Cost of Revenue surged 789.47% — and 2025, when it tumbled 110.06%.
• Tracing FANG's Cost of Revenue over 5 years: stood at $27.0 million in 2022, then jumped by 40.74% to $38.0 million in 2023, then jumped by 789.47% to $338.0 million in 2024, then slumped by 110.06% to -$34.0 million in 2025, then surged by 170.59% to $24.0 million in 2026.
• The last three Cost of Revenue figures came in at $24.0 million (Q1 2026), -$34.0 million (Q4 2025), and $36.0 million (Q3 2025), per Business Quant data.