Diamondback Energy (FANG) Gross Profit (2011 - 2026)
Diamondback Energy's (FANG) quarterly Gross Profit came in at $4.2 billion in Q1 2026, up 6.14% YoY from $4.0 billion in Q1 2025, and up 23.64% on a QoQ basis from $3.4 billion in Q4 2025.
Diamondback Energy (FANG) Gross Profit (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 16 years of Gross Profit data on file, last reported at $4.2 billion in Q1 2026.
- Quarterly Gross Profit rose 6.14% year-over-year to $4.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.2 billion (up 22.04% YoY) and the FY2025 annual result came in at $14.9 billion, up 40.23% from the prior year.
- Gross Profit grew to $4.2 billion in Q1 2026, from $3.4 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $4.2 billion in Q1 2026 to a low of $1.9 billion in Q2 2023.
- A 5-year average of $2.8 billion and a median of $2.5 billion in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 101.97% — and 2023, when it slumped 30.85%.
- Tracing FANG's Gross Profit over 5 years: stood at $2.0 billion in 2022, then climbed by 9.34% to $2.2 billion in 2023, then jumped by 54.02% to $3.4 billion in 2024, then advanced by 1.1% to $3.4 billion in 2025, then advanced by 23.64% to $4.2 billion in 2026.
- The last three Gross Profit figures came in at $4.2 billion (Q1 2026), $3.4 billion (Q4 2025), and $3.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.55 Bn |
| Jun 30, 2026 | 5.55 Bn |
| Mar 31, 2026 | 4.22 Bn |
| Mar 31, 2026 | 4.22 Bn |
| Dec 31, 2025 | 3.41 Bn |
| Dec 31, 2025 | 3.41 Bn |
| Sep 30, 2025 | 3.89 Bn |
| Sep 30, 2025 | 3.89 Bn |
| Jun 30, 2025 | 3.64 Bn |
| Jun 30, 2025 | 3.64 Bn |
| Mar 31, 2025 | 3.97 Bn |
| Mar 31, 2025 | 3.97 Bn |
| Dec 31, 2024 | 3.37 Bn |
| Dec 31, 2024 | 3.37 Bn |
| Sep 30, 2024 | 2.61 Bn |
| Sep 30, 2024 | 2.61 Bn |
| Jun 30, 2024 | 2.46 Bn |
| Jun 30, 2024 | 2.46 Bn |
| Mar 31, 2024 | 2.21 Bn |
| Mar 31, 2024 | 2.21 Bn |