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
Download Data
Historic 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 |