Diamondback Energy FANG
NASDAQ FANG
$205.39 +2.76 (+1.36%)
As of: Sep 10, 2026 · 3:59 PM EDT

Diamondback Energy (FANG) Net Income (2011 - 2026)

Diamondback Energy's (FANG) quarterly Net Income came in at $2.1 billion in Q2 2026, up 178.08% on a YoY basis from $739.0 million in Q2 2025, and up 1327.08% quarter-over-quarter from $144.0 million in Q1 2026.

Analysis

Diamondback Energy (FANG) Net Income (2011 - 2026) Analysis & Trends

Diamondback Energy (FANG) has reported Net Income for 16 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Income rose 178.08% year-over-year to $2.1 billion; the trailing twelve-month figure through Jun 2026 stood at $1.5 billion (down 64.14% YoY), and the FY2025 full-year result was $1.5 billion, down 58.2% from the prior year.
  • Net Income climbed to $2.1 billion in Q2 2026 per FANG's latest filing, from $144.0 million in the prior quarter.
  • Across five years, Net Income topped out at $2.1 billion in Q2 2026 and bottomed at -$1.8 billion in Q4 2025.
  • Historically, Net Income has averaged $852.5 million across 5 years, with a median of $943.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Net Income surged 345.43% in 2022, then slumped 236.9% in 2025.
  • Over 5 years, Net Income stood at $1.0 billion in 2022, then dropped by 1.65% to $1.0 billion in 2023, then grew by 27.6% to $1.3 billion in 2024, then plunged by 236.9% to -$1.8 billion in 2025, then jumped by 216.36% to $2.1 billion in 2026.
  • According to Business Quant data, Net Income over the past three periods registered $2.1 billion, $144.0 million, and -$1.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 3.93 Bn
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn 3.48 Bn
3 Eog Resources 77.64 Bn 72.73 Bn - 2.72 Bn
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn 2.06 Bn
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 1.64 Bn
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 522.00 Mn
7 Permian Resources 19.87 Bn 19.61 Bn - 792.46 Mn
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn 456.00 Mn
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 1.04 Bn
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn 286.42 Mn
Historic Data

Historic Data

Download Data
DateValue
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