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Net Income at other companies

Chevron logo
ChevronCVX
$2.21B-36.9%
Occidental Petroleum logo
Occidental PetroleumOXY
$3.36B+255%
SM Energy logo
SM EnergySM
-$335M-284%
Devon Energy logo
Devon EnergyDVN
$120M-75.7%
Northern Oil and Gas logo
Northern Oil and GasNOG
-$522.85M-476%
ConocoPhillips logo
ConocoPhillipsCOP
$2.18B-23.4%

Other financials

Income statement

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Revenue$4.2B+4.7%
Operating income$116.0M-93.1%
EPS (diluted)$0.08-98.3%

Balance sheet

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Cash & equivalents$176.0M-91.4%
Total debt$14.6B-1.2%
Total equity$36.5B-5.2%
Total assets$70.1B0.0%

Cash flow

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Operating cash flow$1.8B-22.4%

Valuation

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Market cap$51.35B+18.1%
Enterprise value$65.82B+17.0%
P/E16.3×-9.6×
P/S3.4×0.0×

Profitability

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Operating margin35.5%-8.2pp
Net margin27.3%-6.3pp

Returns & leverage

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Return on equity11%-1.0pp
Debt / equity0.4×0.0×
Current ratio0.6×-0.3×

Where this comes from

Reported directly by Diamondback Energy in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

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Questions, answered.

What is Diamondback Energy's net income?
Diamondback Energy (FANG) reported net income of $25M in Q1 2026.
How has Diamondback Energy's net income changed year-over-year?
Diamondback Energy's net income decreased by 98.2% year-over-year, from $1.41B to $25M.
What is the long-term trend for Diamondback Energy's net income?
Over 3 years (2021 to 2024), Diamondback Energy's net income has grown at a 15.2% compound annual growth rate (CAGR), from $2.18B to $3.34B.
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.