Diamondback Energy, Inc. (FANG) Gross Margin (2011 - 2026)

Diamondback Energy (FANG) has reported Gross Margin for 16 consecutive years, with 99.43% the latest figure, recorded in Q1 2026.

• Quarterly Gross Margin rose 131.0% year-over-year to 99.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 99.59% (up 55.0% YoY) and the FY2025 annual result came in at 99.49%, up 316.0% from the prior year.
• Gross Margin came in at 99.43% for Q1 2026 at Diamondback Energy, down from 101.01% in the prior quarter.
• The five-year high for Gross Margin was 118.87% in Q4 2022, with the low at 91.95% in Q1 2023.
• A 5-year average of 99.73% and a median of 99.08% in 2025 frame the typical range for Gross Margin.
• Year-over-year, Gross Margin surged 3588 bps in 2022 and tumbled 1193 bps in 2024.
• Tracing FANG's Gross Margin over 5 years: stood at 118.87% in 2022, then slipped by 6 bps to 112.12% in 2023, then dropped by 11 bps to 100.19% in 2024, then climbed by 1 bps to 101.01% in 2025, then declined by 2 bps to 99.43% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 99.43% in Q1 2026, 101.01% in Q4 2025, and 99.08% in Q3 2025.