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

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

Diamondback Energy's (FANG) quarterly Operating Income came in at $2.5 billion in Q2 2026, up 120.54% on a YoY basis from $1.1 billion in Q2 2025, and up 2065.52% quarter-over-quarter from $116.0 million in Q1 2026.

Analysis

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

Diamondback Energy (FANG) has reported Operating Income for 16 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income rose 120.54% year-over-year to $2.5 billion; the trailing twelve-month figure through Jun 2026 stood at $1.1 billion (down 78.07% YoY), and the FY2025 full-year result was $1.3 billion, down 71.2% from the prior year.
  • Operating Income grew to $2.5 billion in Q2 2026 per FANG's latest filing, from $116.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $2.5 billion in Q2 2026 and bottomed at -$2.8 billion in Q4 2025.
  • Historically, Operating Income has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Income surged 190.72% in 2022, then sank 297.03% in 2025.
  • Over 5 years, Operating Income stood at $1.3 billion in 2022, then slipped by 4.06% to $1.2 billion in 2023, then grew by 17.18% to $1.4 billion in 2024, then tumbled by 297.03% to -$2.8 billion in 2025, then soared by 190.29% to $2.5 billion in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $2.5 billion, $116.0 million, and -$2.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 10.38 Bn
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn 8.73 Bn
3 Eog Resources 77.64 Bn 72.73 Bn - 3.53 Bn
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn 2.51 Bn
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 2.38 Bn
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 661.00 Mn
7 Permian Resources 19.87 Bn 19.61 Bn - 928.18 Mn
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn 994.00 Mn
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 1.16 Bn
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn 375.46 Mn
Historic Data

Historic Data

Download Data
DateValue
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