Diamondback Energy (FANG) Revenue (2011 - 2026)
Diamondback Energy's (FANG) quarterly Revenue came in at $5.6 billion in Q2 2026, up 51.22% on a YoY basis from $3.7 billion in Q2 2025, and up 31.18% quarter-over-quarter from $4.2 billion in Q1 2026.
Analysis
Diamondback Energy (FANG) Revenue (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Revenue for 16 consecutive years, with $5.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue rose 51.22% year-over-year to $5.6 billion; the trailing twelve-month figure through Jun 2026 stood at $17.1 billion (up 21.45% YoY), and the FY2025 full-year result was $15.0 billion, up 35.79% from the prior year.
- Revenue advanced to $5.6 billion in Q2 2026 per FANG's latest filing, from $4.2 billion in the prior quarter.
- Across five years, Revenue topped out at $5.6 billion in Q2 2026 and bottomed at $1.9 billion in Q2 2023.
- Historically, Revenue has averaged $3.0 billion across 5 years, with a median of $2.6 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Revenue soared 103.38% in 2022, then tumbled 30.67% in 2023.
- Over 5 years, Revenue stood at $2.0 billion in 2022, then grew by 9.75% to $2.2 billion in 2023, then jumped by 66.56% to $3.7 billion in 2024, then fell by 9.03% to $3.4 billion in 2025, then surged by 64.75% to $5.6 billion in 2026.
- According to Business Quant data, Revenue over the past three periods registered $5.6 billion, $4.2 billion, and $3.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 19.52 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 10.66 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 8.62 Bn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 5.56 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 7.42 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 2.96 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 1.86 Bn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 3.01 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 2.40 Bn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 1.56 Bn |
Historic Data
Download Data
Historic 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 | 2.77 Bn |
| Mar 31, 2022 | 2.41 Bn |
| Dec 31, 2021 | 2.02 Bn |
| Sep 30, 2021 | 1.91 Bn |