Operating Income
Diamondback Energy Operating Income decreased by 90.6% to $116.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 93.1%, from $1.67B to $116.00M. Over 3 years (FY 2021 to FY 2024), Operating Income shows relatively stable performance with a 3.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $955.00M | $1.16B | $1.31B | $1.66B | $1.98B | $1.61B | $1.26B | $1.03B | $1.00B | $1.34B | $1.21B | $1.12B | $1.16B | $710.00M | $1.41B | $1.67B | $1.14B | $1.24B | $116.00M |
| QoQ Change | — | +21.9% | +12.6% | +26.6% | +19.2% | -18.4% | -22.2% | -18.4% | -2.4% | +34.0% | -10.1% | -7.2% | +3.4% | -38.6% | +98.9% | +18.5% | -31.9% | +8.5% | -90.6% |
| YoY Change | — | — | — | — | +107.1% | +38.7% | -4.2% | -38.3% | -49.4% | -17.0% | -4.1% | +9.1% | +15.6% | -47.0% | +17.2% | +49.6% | -1.5% | +74.1% | -93.1% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Upstream | $1.24B | $1.00B | $979.00M | $1.34B | $1.20B | $1.09B | $1.14B | $709.00M |
| All Other | — | $45.00M | $54.00M | $19.00M | $11.00M | $21.00M | $14.00M | -$1.00M |
| Total | $1.26B | $1.03B | $1.00B | $1.34B | $1.21B | $1.12B | $1.16B | $710.00M |
All Other, Upstream were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Diamondback Energy's operating income?
- Diamondback Energy (FANG) reported operating income of $116.00M in Q1 2026.
- How has Diamondback Energy's operating income changed year-over-year?
- Diamondback Energy's operating income decreased by 93.1% year-over-year, from $1.67B to $116.00M.
- What is the long-term trend for Diamondback Energy's operating income?
- Over 3 years (2021 to 2024), Diamondback Energy's operating income has grown at a 3.2% compound annual growth rate (CAGR), from $4.00B to $4.40B.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.