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Diamondback Energy (FANG) Operating Expenses (2016 - 2025)

Diamondback Energy (FANG) has disclosed Operating Expenses for 15 consecutive years, with $6.2 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 167.86% year-over-year to $6.2 billion, compared with a TTM value of $13.8 billion through Dec 2025, up 106.3%, and an annual FY2025 reading of $13.8 billion, up 106.3% over the prior year.
  • Operating Expenses was $6.2 billion for Q4 2025 at Diamondback Energy, up from $2.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $6.2 billion in Q4 2025 and bottomed at $613.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $1.5 billion, with a median of $959.5 million recorded in 2023.
  • The sharpest move saw Operating Expenses tumbled 76.56% in 2021, then surged 167.86% in 2025.
  • Year by year, Operating Expenses stood at $711.0 million in 2021, then grew by 8.86% to $774.0 million in 2022, then skyrocketed by 32.17% to $1.0 billion in 2023, then skyrocketed by 124.73% to $2.3 billion in 2024, then soared by 167.86% to $6.2 billion in 2025.
  • Business Quant data shows Operating Expenses for FANG at $6.2 billion in Q4 2025, $2.7 billion in Q3 2025, and $2.5 billion in Q2 2025.