Diamondback Energy (FANG) Revenue (2011 - 2026)
Diamondback Energy's (FANG) quarterly Revenue came in at $4.2 billion in Q1 2026, up 4.74% YoY from $4.0 billion in Q1 2025, and up 25.59% on a QoQ basis from $3.4 billion in Q4 2025.
Diamondback Energy (FANG) Revenue (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 16 years of Revenue data on file, last reported at $4.2 billion in Q1 2026.
- Quarterly Revenue rose 4.74% year-over-year to $4.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.2 billion (up 18.09% YoY) and the FY2025 annual result came in at $15.0 billion, up 35.79% from the prior year.
- Revenue advanced to $4.2 billion in Q1 2026, from $3.4 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $4.2 billion in Q1 2026 to a low of $1.9 billion in Q2 2023.
- A 5-year average of $2.8 billion and a median of $2.5 billion in 2024 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue soared 103.84% — and 2023, when it tumbled 30.27%.
- Tracing FANG's Revenue over 5 years: stood at $2.0 billion in 2022, then advanced by 9.75% to $2.2 billion in 2023, then surged by 66.56% to $3.7 billion in 2024, then dropped by 9.03% to $3.4 billion in 2025, then increased by 25.59% to $4.2 billion in 2026.
- The last three Revenue figures came in at $4.2 billion (Q1 2026), $3.4 billion (Q4 2025), and $3.9 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 19.52 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 12.44 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 8.62 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 5.56 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 7.42 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.59 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 8.07 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.81 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 246.06 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 2.96 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.56 Bn |
| Mar 31, 2026 | 4.24 Bn |
| Dec 31, 2025 | 3.38 Bn |
| Sep 30, 2025 | 3.92 Bn |
| Jun 30, 2025 | 3.68 Bn |
| Mar 31, 2025 | 4.05 Bn |
| Dec 31, 2024 | 3.71 Bn |
| Sep 30, 2024 | 2.65 Bn |
| Jun 30, 2024 | 2.48 Bn |
| Mar 31, 2024 | 2.23 Bn |
| Dec 31, 2023 | 2.23 Bn |
| Sep 30, 2023 | 2.34 Bn |
| Jun 30, 2023 | 1.92 Bn |
| Mar 31, 2023 | 1.93 Bn |
| Dec 31, 2022 | 2.03 Bn |
| Sep 30, 2022 | 2.44 Bn |
| Jun 30, 2022 | 2.75 Bn |
| Mar 31, 2022 | 2.39 Bn |
| Dec 31, 2021 | 2.06 Bn |
| Sep 30, 2021 | 1.90 Bn |