Diamondback Energy (FANG) Profit After Tax (2011 - 2026)
Diamondback Energy's (FANG) quarterly Profit After Tax 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.
Powered by 
Analysis
Diamondback Energy (FANG) Profit After Tax (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Profit After Tax for 16 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax rose 178.08% year-over-year to $2.1 billion; the trailing twelve-month figure through Jun 2026 stood at $1.6 billion (down 61.38% YoY), and the FY2025 full-year result was $1.7 billion, down 55.04% from the prior year.
- Profit After Tax climbed to $2.1 billion in Q2 2026 per FANG's latest filing, from $144.0 million in the prior quarter.
- Across five years, Profit After Tax topped out at $2.1 billion in Q2 2026 and bottomed at -$1.6 billion in Q4 2025.
- Historically, Profit After Tax has averaged $859.0 million across 5 years, with a median of $943.5 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Profit After Tax surged 345.43% in 2022, then slumped 227.83% in 2025.
- Over 5 years, Profit After Tax 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 227.83% to -$1.6 billion in 2025, then soared by 224.62% to $2.1 billion in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered $2.1 billion, $144.0 million, and -$1.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 158.35 Bn | 150.66 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 103.29 Bn | 101.40 Bn | 8.84 Bn | 3.26 Bn |
| 3 | Eog Resources | 75.64 Bn | 70.73 Bn | - | 2.73 Bn |
| 4 | Diamondback Energy | 53.99 Bn | 59.61 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Devon Energy | 53.46 Bn | 52.45 Bn | 6.02 Bn | 1.91 Bn |
| 6 | Expand Energy | 20.25 Bn | 18.99 Bn | 2.33 Bn | 522.00 Mn |
| 7 | Permian Resources | 19.06 Bn | 18.80 Bn | - | 792.46 Mn |
| 8 | Ovintiv | 17.25 Bn | 16.37 Bn | 2.83 Bn | 456.00 Mn |
| 9 | Apa | 15.72 Bn | 16.20 Bn | 2.28 Bn | 827.00 Mn |
| 10 | Antero Resources | 10.76 Bn | 10.19 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 | -1.65 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 |
API Access
Diamondback Energy Profit After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "FANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();