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Devon Energy DVN Net Income

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Other financials

Income statement

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Revenue$3.8B-14.5%
EPS (diluted)$0.19-75.3%

Balance sheet

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Cash & equivalents$2.3B
Total debt$8.7B-3.5%
Total equity$15.4B+6.1%
Total assets$32.5B+5.2%

Cash flow

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Operating cash flow$1.7B-14.8%
CapEx$839.0M-10.2%
Free cash flow$816.0M-19.0%

Valuation

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Market cap$49.13B+123%
P/E21.7×+13.8×
P/S+1.7×

Profitability

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Gross margin63.5%
Operating margin-76.3%
Net margin13.7%-2.9pp
FCF margin17.7%-0.9pp

Returns & leverage

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Return on equity15.1%-5.8pp
Debt / equity0.6×-0.1×
Current ratio-0.1×

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Devon Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Devon Energy's net income?
Devon Energy (DVN) reported net income of $120M in Q1 2026.
How has Devon Energy's net income changed year-over-year?
Devon Energy's net income decreased by 75.7% year-over-year, from $494M to $120M.
What is the long-term trend for Devon Energy's net income?
Over 4 years (2021 to 2025), Devon Energy's net income has grown at a -1.6% compound annual growth rate (CAGR), from $2.81B to $2.64B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.