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Other financials

Income statement

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Revenue$4.2B+4.7%
Operating income$116.0M-93.1%
Net income$25.0M-98.2%
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$50.61B+24.3%
Enterprise value$65.08B+17.0%
P/E16.1×-9.4×
P/S3.3×+0.4×

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?
Diamondback Energy (FANG) reported SG&A of $79M in Q1 2026.
How has Diamondback Energy's SG&A changed year-over-year?
Diamondback Energy's SG&A increased by 8.2% year-over-year, from $73M to $79M.
What is the long-term trend for Diamondback Energy's SG&A?
Over 4 years (2021 to 2025), Diamondback Energy's SG&A has grown at a 18.5% compound annual growth rate (CAGR), from $146M to $288M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.