Income Before Tax

Pre-Tax Income

Devon Energy Pre-Tax Income decreased by 77.8% to $166.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 74.3%, from $646.00M to $166.00M. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 4.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: income_before_tax

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$304.00M$964.00M$1.66B$1.26B$2.50B$2.47B$1.55B$1.22B$897.00M$1.07B$1.43B$768.00M$1.04B$1.06B$840.00M$646.00M$1.16B$912.00M$747.00M$166.00M
QoQ Change+217.1%+72.4%-24.1%+97.7%-1.2%-37.0%-21.2%-26.7%+19.5%+33.4%-46.3%+35.4%+2.3%-21.1%-23.1%+79.7%-21.4%-18.1%-77.8%
YoY Change+720.7%+155.7%-6.6%-3.0%-64.0%-56.5%-7.9%-37.3%+15.9%-0.7%-41.3%-15.9%+11.6%-14.3%-11.1%-74.3%
Range$166.00M$2.50B
CAGR-12.0%
Avg YoY Growth+35.7%
Median YoY Growth-9.5%
Current Streak3 quarters decline

Frequently Asked Questions

What is Devon Energy's pre-tax income?
Devon Energy (DVN) reported pre-tax income of $166.00M in Q1 2026.
How has Devon Energy's pre-tax income changed year-over-year?
Devon Energy's pre-tax income decreased by 74.3% year-over-year, from $646.00M to $166.00M.
What is the long-term trend for Devon Energy's pre-tax income?
Over 4 years (2021 to 2025), Devon Energy's pre-tax income has grown at a 4.6% compound annual growth rate (CAGR), from $2.90B to $3.47B.
What does pre-tax income mean?
The total profit a company made before paying its income taxes.