Diamondback Energy (FANG) Net Income (2011 - 2026)
Diamondback Energy (FANG) recorded Net Income of $2.06 billion in Q2 2026, up 178.1% from $739 million a year earlier.
Diamondback Energy (FANG) Net Income (2011 - 2026) Analysis & Trends
On a TTM basis, Diamondback Energy's Net Income came in at $1.52 billion as of Jun 30, 2026, down 64.1% year-over-year; for FY2025, it was $1.55 billion, down 58.2% from FY2024.
- Across earlier years, Net Income came in at $3.7 billion in FY2024 (+10.9%), $3.34 billion in FY2023 (-26.9%), $4.56 billion in FY2022 (+100.4%) and $2.28 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Net Income in data going back to Q3 2011.
- On a year-over-year basis, Net Income rose in four of the last seven quarters, with growth averaging 29.5%.
- Peak year-over-year performance for Net Income in the last five years was growth of 345.4% in Q2 2022, against a decline of 90.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $144 million (Q1 2026), -$1.77 billion (Q4 2025) and $1.08 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.85 Bn | 701.33 Bn | - | 14.88 Bn |
| 2 | Chevron | 442.63 Bn | 414.75 Bn | 33.45 Bn | 12.21 Bn |
| 3 | Shell | 309.21 Bn | 238.95 Bn | 30.13 Bn | 10.81 Bn |
| 4 | TotalEnergies SE | 197.75 Bn | 78.34 Bn | 61.77 Bn | 5.48 Bn |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 3.93 Bn |
| 6 | Equinor Asa | 119.82 Bn | 34.28 Bn | - | 4.84 Bn |
| 7 | Phillips 66 | 116.79 Bn | 104.58 Bn | 8.38 Bn | 3.88 Bn |
| 8 | Canadian Natural Resources | 113.45 Bn | 110.46 Bn | 8.84 Bn | 3.26 Bn |
| 9 | Suncor Energy | 95.66 Bn | 81.41 Bn | - | 3.73 Bn |
| 10 | Diamondback Energy | 57.03 Bn | 56.13 Bn | - | 2.06 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.06 Bn |
| Mar 31, 2026 | 144.00 Mn |
| Dec 31, 2025 | -1.65 Bn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 739.00 Mn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 708.00 Mn |
| Jun 30, 2024 | 894.00 Mn |
| Mar 31, 2024 | 809.00 Mn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 993.00 Mn |
| Jun 30, 2023 | 586.00 Mn |
| Mar 31, 2023 | 746.00 Mn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 1.46 Bn |
| Mar 31, 2022 | 803.00 Mn |
| Dec 31, 2021 | 1.05 Bn |
| Sep 30, 2021 | 674.00 Mn |
Diamondback Energy Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=FANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "FANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();