Diamondback Energy, Inc. (FANG) Income statement
Top 20 of 26 line items reported by FANG · 250+ in the full API →
Diamondback Energy, Inc. (FANG) · Income Statement
Consolidated Statements of Operations
Annual · In millions USD, except per-share data · Latest filed Feb 25, 2026 · FY ends Dec 31
| Fiscal Years Ended | |||||
|---|---|---|---|---|---|
FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | Trend | |
| Total Revenue | $15,026 | $11,066 | $8,412 | $9,643 | |
| Cost of Revenue | — | 1,277 | 398 | 258 | |
| Gross Profit | — | $9,789 | $8,014 | $9,385 | |
| Other Operating Expenses | — | 5,393 | 3,444 | 2,877 | |
| Total Operating Expenses | 13,760 | 6,670 | 3,842 | 3,135 | |
| Operating Income | $1,266 | $4,396 | $4,570 | $6,508 | |
| EBIT (Earnings Before Interest & Tax) | 1,266 | 4,396 | 4,570 | 6,508 | |
| Add: Depreciation & Amortization | 5,038 | 2,850 | 1,746 | 1,344 | |
| EBITDA (Non-GAAP) | $6,304 | $7,246 | $6,316 | $7,852 | |
| Interest Income | 25 | 156 | 18 | 6 | |
| Interest Expense | -244 | -135 | -159 | -154 | |
| Non-Operating Income (Expense) | $608 | $105 | $(322) | $(772) | |
| Income Before Taxes (EBT) | $1,874 | $4,501 | $4,248 | $5,736 | |
| Provision for Income Taxes | 327 | 800 | 912 | 1,174 | |
| Effective Tax Rate | 17.4% | 17.8% | 21.5% | 20.5% | |
| Net Income | $1,664 | $3,338 | $3,143 | $4,386 | |
| Shares Outstanding | 289 | 214 | 180 | 177 | |
| Diluted Shares Outstanding | 289 | 214 | 180 | 177 | |
| Diluted Earnings Per Share | $5.73 | $15.53 | $17.34 | $24.61 | |
| Gross Margin | — | 88.5% | 95.3% | 97.3% | |
6 more line items available via the API
Sales, General & AdministrativeAsset Impairment ChargesBasic Earnings Per ShareOperating MarginOther OpEx MarginNet Margin
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