Viper Energy (VNOM) Operating Income (2024 - 2026)

Viper Energy's (VNOM) quarterly Operating Income came in at $253.0 million in Q1 2026, up 63.23% year-on-year from $155.0 million in Q1 2025, and up 199.61% sequentially from -$254.0 million in Q4 2025.

Viper Energy (VNOM) Operating Income (2024 - 2026) Analysis & Trends

Viper Energy's Operating Income history runs 3 years deep, the most recent figure standing at $253.0 million for Q1 2026.

  • In Q1 2026, Operating Income rose 63.23% year-over-year to $253.0 million; the TTM figure through Mar 2026 stood at -$22.0 million (changed N/A YoY), while the FY2025 annual figure was -$140.0 million, down 124.69% from the prior year.
  • Operating Income came in at $253.0 million for Q1 2026 at Viper Energy, up 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.
  • The 3-year median for Operating Income is $140.0 million (2024), against an average of $43.0 million.
  • The widest annual swing landed in 2025, when Operating Income slumped 276.39%; it then soared 63.23% in 2026.
  • A 3-year view of Operating Income shows it stood at $144.0 million in 2024, then tumbled by 276.39% to -$254.0 million in 2025, then surged by 199.61% to $253.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.35 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.44 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.90 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.98 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 846.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.21 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 361.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 1.15 Bn
10 Viper Energy 7.69 Bn 12.91 Bn 476.00 Mn 253.00 Mn

Historic Data

Download Data
DateValue
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