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Devon Energy DVN Q2 2026 earnings

Reported August 4, 2026 · After market close

Revenue$7.4BBeat by $1.4B
EPS$1.57Beat by $0.17
Revenue estimate$6.0B
EPS estimate$1.40

Next report

Nov 4, 2026 (in a month)
Revenue estimate$6.4B
EPS estimate$1.18

Financials

Q2 2026

Income statement

See full
Revenue$7.4B+73.1%
Net income$1.9B+113%
EPS (diluted)$2.03+44.0%

Balance sheet

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Total debt$11.9B+31.2%
Total equity$41.7B+177%
Total assets$70.9B+126%

Cash flow

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Operating cash flow$3.7B+138%
CapEx$1.3B+37.9%
Free cash flow$2.4B+300%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$51.88B+138%
P/E15.8×+7.8×
P/S2.6×+1.4×

Profitability

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Net margin16.7%+0.1pp
FCF margin23.9%+5.7pp

Returns & leverage

See full
Return on equity11.5%-9.1pp
Debt / equity0.3×-0.3×
Current ratio0.7×-0.5×

Segments

By product

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Oil Reserves$4.4B+100%
NGL$648.0M+81.0%
Gas$156.0M-36.6%

FAQ

When did Devon Energy report Q2 2026 earnings?
Devon Energy (DVN) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Devon Energy's Q2 2026 revenue and EPS?
Devon Energy reported revenue of $7.4B and eps of $1.57 for Q2 2026.
Did Devon Energy beat estimates in Q2 2026?
Revenue beat the consensus estimate of $6.0B by $1.4B. EPS beat the consensus estimate of $1.40 by $0.17.
How did Devon Energy's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 83.2% from $4.0B a year earlier and eps grew 86.9% from $0.84.
Where can I find Devon Energy's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-332824) and the 10-Q periodic report (0001193125-26-334340) directly on SEC EDGAR. The filing index links above go to sec.gov.