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Devon Energy DVN Net Income

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Other financials

Income statement

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Revenue$7.4B+73.1%
EPS (diluted)$2.03+44.0%

Balance sheet

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Cash & equivalents$2.3B
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

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Market cap$51.51B+128%
P/E15.7×+7.8×
P/S2.6×+1.3×

Profitability

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Gross margin63.5%
Operating margin-76.3%
Net margin16.7%+0.1pp
FCF margin23.9%+5.7pp

Returns & leverage

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

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Devon Energy’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334340
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income tax expense473244519381
Net earnings1,9119172,0311,426
Net earnings attributable to noncontrolling interests1833
Net earnings attributable to Devon$1,911$899$2,031$1,393
Net earnings per share:
Basic net earnings per share$2.04$1.42$2.61$2.18
Diluted net earnings per share$2.03$1.41$2.60$2.17
Comprehensive earnings:

Item 1. Financial Statements

FAQ

What is Devon Energy's net income?
Devon Energy (DVN) reported net income of $1.91B in Q2 2026.
How has Devon Energy's net income changed year-over-year?
Devon Energy's net income increased by 112.6% year-over-year, from $899M to $1.91B.
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.

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