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
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