Diamondback Energy, Inc. (FANG) Financial Statements

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Income Statement(in millions of USD, except per-share data)

Source: Akyla.ai

Line Item	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025
Revenues:
Oil sales
Natural gas sales
Natural gas liquid sales
Sales of purchased oil
Other operating income
Total revenues
YoY growth	+4.7%	-9.0%	+48.4%	+48.1%
Costs and expenses:
Lease operating expenses
Production and ad valorem taxes
Gathering, processing and transportation
Purchased oil expense
Depreciation, depletion, amortization and accretion
Impairment of oil and natural gas properties		—	—	—
General and administrative expenses
Other operating expenses, net
Total costs and expenses
% of revenue	97.3%	182.4%	68.5%	69.0%
Income (loss) from operations
% of revenue	2.7%	-82.4%	31.5%	31.0%
Other income (expense):
Interest expense, net
Other income (expense), net
Gain (loss) on derivative instruments, net
Gain (loss) on extinguishment of debt, net
Total other income (expense), net
Income (loss) before income taxes
Income tax expense (benefit)
Net income (loss)
% of revenue	3.4%	-52.3%	27.6%	20.1%
Net income (loss) attributable to non-controlling interest
Net income (loss) attributable to Diamondback Energy, Inc.
% of revenue	0.6%	-43.2%	25.9%	19.0%
Earnings (loss) per common share:
Basic
Diluted
Weighted average common shares outstanding:
Basic
Diluted

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Showing the most recent year. Subscribe for full statement history.

Income Statement(in millions of USD, except per-share data)

Source: Akyla.ai

Line Item	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025
Revenues:
Oil sales
Natural gas sales
Natural gas liquid sales
Sales of purchased oil
Other operating income
Total revenues
YoY growth	+4.7%	-9.0%	+48.4%	+48.1%
Costs and expenses:
Lease operating expenses
Production and ad valorem taxes
Gathering, processing and transportation
Purchased oil expense
Depreciation, depletion, amortization and accretion
Impairment of oil and natural gas properties		—	—	—
General and administrative expenses
Other operating expenses, net
Total costs and expenses
% of revenue	97.3%	182.4%	68.5%	69.0%
Income (loss) from operations
% of revenue	2.7%	-82.4%	31.5%	31.0%
Other income (expense):
Interest expense, net
Other income (expense), net
Gain (loss) on derivative instruments, net
Gain (loss) on extinguishment of debt, net
Total other income (expense), net
Income (loss) before income taxes
Income tax expense (benefit)
Net income (loss)
% of revenue	3.4%	-52.3%	27.6%	20.1%
Net income (loss) attributable to non-controlling interest
Net income (loss) attributable to Diamondback Energy, Inc.
% of revenue	0.6%	-43.2%	25.9%	19.0%
Earnings (loss) per common share:
Basic
Diluted
Weighted average common shares outstanding:
Basic
Diluted