Net Income

Net Income

Diamondback Energy Net Income remained flat by 0.0% to $25.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 98.2%, from $1.41B to $25.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: net_income

Historical Data

38 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24Q4 '24Q4 '24Q1 '25Q1 '25Q2 '25Q2 '25Q3 '25Q3 '25Q1 '26Q1 '26
Value$311.00M$311.00M$649.00M$649.00M$1.00B$1.00B$779.00M$779.00M$1.42B$1.42B$1.18B$1.18B$1.01B$1.01B$712.00M$712.00M$556.00M$556.00M$915.00M$915.00M$960.00M$960.00M$768.00M$768.00M$837.00M$837.00M$659.00M$659.00M$1.07B$1.07B$1.41B$1.41B$699.00M$699.00M$1.02B$1.02B$25.00M$25.00M
QoQ Change+0.0%+108.7%+0.0%+54.4%+0.0%-22.3%+0.0%+81.8%+0.0%-16.4%+0.0%-14.9%+0.0%-29.3%+0.0%-21.9%+0.0%+64.6%+0.0%+4.9%+0.0%-20.0%+0.0%+9.0%+0.0%-21.3%+0.0%+63.0%+0.0%+30.8%+0.0%-50.2%+0.0%+45.6%+0.0%-97.5%+0.0%
YoY Change+355.3%+355.3%+82.4%+82.4%+0.5%+0.5%-8.6%-8.6%-60.7%-60.7%-22.7%-22.7%-4.7%-4.7%+7.9%+7.9%+50.5%+50.5%-28.0%-28.0%+11.9%+11.9%+82.9%+82.9%-16.5%-16.5%+54.5%+54.5%-98.2%-98.2%
Range$25.00M$1.42B
CAGR-23.9%
Avg YoY Growth+27.1%
Median YoY Growth+0.5%

Business Segments

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Upstream$987.00M$626.00M$530.00M$887.00M$950.00M$744.00M$809.00M$563.00M
All Other$108.00M$67.00M$50.00M$18.00M$21.00M$26.00M$96.00M
Total$1.01B$712.00M$556.00M$915.00M$960.00M$768.00M$837.00M$659.00M

All Other, Upstream were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Diamondback Energy's net income?
Diamondback Energy (FANG) reported net income of $25.00M 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 $25.00M.
What does net income mean?
The final profit of the company after every single expense and tax has been paid.