Diamondback Energy (FANG) Net Income (2011 - 2026)
Diamondback Energy's (FANG) quarterly Net Income came in at $144.0 million in Q1 2026, down 90.34% YoY from $1.5 billion in Q1 2025, and up 108.15% on a QoQ basis from -$1.8 billion in Q4 2025.
Diamondback Energy (FANG) Net Income (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 16 years of Net Income data on file, last reported at $144.0 million in Q1 2026.
- Quarterly Net Income fell 90.34% year-over-year to $144.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $200.0 million (down 95.44% YoY) and the FY2025 annual result came in at $1.5 billion, down 58.2% from the prior year.
- Net Income improved to $144.0 million in Q1 2026, from -$1.8 billion in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.5 billion in Q1 2025 to a low of -$1.8 billion in Q4 2025.
- A 5-year average of $781.8 million and a median of $894.0 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income jumped 345.43% — and 2025, when it sank 236.9%.
- Tracing FANG's Net Income over 5 years: stood at $1.0 billion in 2022, then decreased by 1.65% to $1.0 billion in 2023, then advanced by 27.6% to $1.3 billion in 2024, then slumped by 236.9% to -$1.8 billion in 2025, then jumped by 108.15% to $144.0 million in 2026.
- The last three Net Income figures came in at $144.0 million (Q1 2026), -$1.8 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.11 Bn | 156.42 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.66 Bn | 104.77 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.35 Bn | 75.44 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.22 Bn | 58.76 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Devon Energy | 46.16 Bn | 45.15 Bn | 6.02 Bn | 1.64 Bn |
| 6 | Woodside Energy | 46.14 Bn | 40.20 Bn | 6.02 Bn | 2.17 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.80 Bn | 33.69 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.55 Bn | 26.30 Bn | - | 153.93 Mn |
| 10 | Expand Energy | 22.91 Bn | 21.64 Bn | 2.33 Bn | 522.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.06 Bn |
| Mar 31, 2026 | 144.00 Mn |
| Dec 31, 2025 | -1.77 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 |