Diamondback Energy Inc.

FANG ·Energy, Oil & Gas E&P, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $15.03B $11.07B $8.41B $9.64B $6.80B $2.81B $3.96B $2.18B
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Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $288.0M $213.0M $150.0M $144.0M $146.0M $88.0M $104.0M $65.0M
Operating Income $1.27B $4.40B $4.57B $6.51B $4.00B $-5.48B $695.0M $1.01B
Operating Margin 8.4% 39.7% 54.3% 67.5% 58.9% -194.7% 17.5% 46.5%
Interest Expense $244.0M $135.0M $159.0M $154.0M $199.0M $197.0M $172.0M $87.0M
Pretax Income $1.87B $4.50B $4.25B $5.74B $2.91B $-5.78B $362.0M $1.11B
Income Tax Expense $327.0M $800.0M $912.0M $1.17B $631.0M $-1.10B $47.0M $168.0M
Net Income $1.66B $3.34B $3.14B $4.39B $2.18B $-4.52B $240.0M $846.0M
Net Margin 11.1% 30.2% 37.4% 45.5% 32.1% -160.6% 6.1% 38.9%
EPS (Basic) $5.73 $15.53 $17.34 $24.61 $12.24 $-28.61 $1.47 $8.09
EPS (Diluted) $5.73 $15.53 $17.34 $24.61 $12.24 $-28.61 $1.47 $8.06
Shares Outstanding (Basic) 289.1M 213.5M 180.0M 176.5M 176.6M 158.0M 163.5M 104.6M
Shares Outstanding (Diluted) 289.1M 213.5M 180.0M 176.5M 176.6M 158.0M 163.8M 104.9M
Dividends Per Share $4.00 $8.29 $7.99 $11.31 $1.95 $1.53 $0.94 $0.50
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