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

Diamondback Energy has disclosed Cost of Revenue across 16 years of filings, most recently posting $24.0 million for 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 advanced to $24.0 million in Q1 2026, from -$34.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $161.0 million in Q1 2022 and troughed 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.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 3925.0% — and 2025, when it plunged 385.71%.
• Tracing FANG's Cost of Revenue over 5 years: stood at -$383.0 million in 2022, then increased by 29.5% to -$270.0 million in 2023, then soared by 97.41% to -$7.0 million in 2024, then tumbled by 385.71% to -$34.0 million in 2025, then jumped by 170.59% to $24.0 million in 2026.
• Business Quant data shows FANG's Cost of Revenue at $24.0 million in Q1 2026, -$34.0 million in Q4 2025, and $36.0 million in Q3 2025.