Viper Energy (VNOM) Operating Income (2024 - 2026)
Viper Energy (VNOM) reported Operating Income of $253.0 million for Q1 2026, up 63.23% year-over-year from $155.0 million in Q1 2025, and up 199.61% quarter-over-quarter from -$254.0 million in Q4 2025.
Viper Energy (VNOM) Operating Income (2024 - 2026) Analysis & Trends
Viper Energy (VNOM) has 3 years of Operating Income data on file, last reported at $253.0 million in Q1 2026.
- Operating Income for Q1 2026 came in at $253.0 million, up 63.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$22.0 million (changed N/A YoY), and the FY2025 annual result was -$140.0 million, down 124.69% from the prior year.
- Operating Income grew to $253.0 million in Q1 2026 per VNOM's latest filing, from -$254.0 million in the prior quarter.
- Over five years, Operating Income peaked at $253.0 million in Q1 2026 and troughed at -$254.0 million in Q4 2025.
- A 3-year average of $43.0 million and a median of $140.0 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2025 and 2026: Operating Income sank 276.39% in 2025, then surged 63.23% in 2026.
- A 3-year view of Operating Income shows it stood at $144.0 million in 2024, then slumped by 276.39% to -$254.0 million in 2025, then jumped by 199.61% to $253.0 million in 2026.
- Business Quant data shows VNOM's Operating Income at $253.0 million in Q1 2026, -$254.0 million in Q4 2025, and -$176.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 219.52 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 846.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | Viper Energy | 8.17 Bn | 13.40 Bn | 476.00 Mn | 253.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 253.00 Mn |
| Dec 31, 2025 | -254.00 Mn |
| Sep 30, 2025 | -176.00 Mn |
| Mar 31, 2025 | 155.00 Mn |
| Dec 31, 2024 | 144.00 Mn |
| Sep 30, 2024 | 136.00 Mn |