Diamondback Energy (FANG) Operating Expenses (2011 - 2026)

Diamondback Energy (FANG) has reported Operating Expenses for 16 consecutive years, with $3.1 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 20.13% year-over-year to $3.1 billion; the trailing twelve-month figure through Jun 2026 stood at $16.0 billion (up 75.12% YoY), and the FY2025 full-year result was $13.8 billion, up 106.3% from the prior year.
• Operating Expenses slipped to $3.1 billion in Q2 2026 per FANG's latest filing, from $4.1 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $6.2 billion in Q4 2025 and bottomed at $748.0 million in Q1 2022.
• Historically, Operating Expenses has averaged $1.9 billion across 5 years, with a median of $1.2 billion in 2024.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses rose 8.82% in 2022, then surged 167.86% in 2025.
• Over 5 years, Operating Expenses stood at $774.0 million in 2022, then jumped by 32.17% to $1.0 billion in 2023, then jumped by 124.73% to $2.3 billion in 2024, then soared by 167.86% to $6.2 billion in 2025, then plunged by 50.47% to $3.1 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.1 billion, $4.1 billion, and $6.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.