Diamondback Energy (FANG) Operating Income (2011 - 2026)
Diamondback Energy's (FANG) quarterly Operating Income came in at $116.0 million in Q1 2026, down 93.07% YoY from $1.7 billion in Q1 2025, and up 104.17% on a QoQ basis from -$2.8 billion in Q4 2025.
Diamondback Energy (FANG) Operating Income (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 16 years of Operating Income data on file, last reported at $116.0 million in Q1 2026.
- Quarterly Operating Income fell 93.07% year-over-year to $116.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$291.0 million (down 105.88% YoY) and the FY2025 annual result came in at $1.3 billion, down 71.2% from the prior year.
- Operating Income rose to $116.0 million in Q1 2026, from -$2.8 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $2.0 billion in Q2 2022 to a low of -$2.8 billion in Q4 2025.
- A 5-year average of $991.5 million and a median of $1.2 billion in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income jumped 190.72% — and 2025, when it plunged 297.03%.
- Tracing FANG's Operating Income over 5 years: stood at $1.3 billion in 2022, then retreated by 4.06% to $1.2 billion in 2023, then advanced by 17.18% to $1.4 billion in 2024, then sank by 297.03% to -$2.8 billion in 2025, then surged by 104.17% to $116.0 million in 2026.
- The last three Operating Income figures came in at $116.0 million (Q1 2026), -$2.8 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 191.82 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.51 Bn |
| Mar 31, 2026 | 116.00 Mn |
| Dec 31, 2025 | -2.78 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 1.14 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 1.41 Bn |
| Sep 30, 2024 | 710.00 Mn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 1.26 Bn |
| Sep 30, 2022 | 1.61 Bn |
| Jun 30, 2022 | 1.98 Bn |
| Mar 31, 2022 | 1.66 Bn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 1.16 Bn |