Total Revenue
Diamondback Energy Total Revenue increased by 25.6% to $4.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $4.05B to $4.24B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 21.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.
Detailed definition
The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...
Peer comparison
Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.
total_revenueHistorical 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.68B | $1.91B | $2.02B | $2.41B | $2.77B | $2.44B | $2.03B | $1.93B | $1.92B | $2.34B | $2.23B | $2.23B | $2.48B | $2.65B | $3.71B | $4.05B | $3.68B | $3.92B | $3.38B | $4.24B |
| QoQ Change | — | +13.6% | +5.9% | +19.1% | +15.0% | -12.0% | -16.7% | -5.2% | -0.3% | +21.9% | -4.8% | -0.0% | +11.5% | +6.5% | +40.3% | +9.1% | -9.1% | +6.7% | -14.0% | +25.6% |
| YoY Change | — | — | — | — | +64.7% | +27.6% | +0.4% | -20.1% | -30.7% | -4.0% | +9.8% | +15.7% | +29.4% | +13.0% | +66.6% | +81.8% | +48.1% | +48.4% | -9.0% | +4.7% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Oil sales | $2.00B | $2.16B | $3.04B | $3.04B | $2.85B | $2.99B | $2.74B | $3.45B |
| Sales of purchased oil | $300.00M | $282.00M | $225.00M | $374.00M | $335.00M | $459.00M | $308.00M | $385.00M |
| Natural gas liquid sales | $171.00M | $211.00M | $378.00M | $406.00M | $367.00M | $366.00M | $293.00M | $359.00M |
| Natural gas sales | $5.00M | -$17.00M | $51.00M | $212.00M | $97.00M | $87.00M | $4.00M | $21.00M |
| Total | $2.48B | $2.65B | $3.71B | $4.05B | $3.68B | $3.92B | $3.38B | $4.24B |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Upstream | $2.01B | $1.90B | $1.90B | $2.33B | $2.22B | $2.22B | $2.47B | $2.64B |
| All Other | — | $120.00M | $127.00M | $97.00M | $53.00M | $46.00M | $50.00M | $48.00M |
| Total | $2.03B | $1.93B | $1.92B | $2.34B | $2.23B | $2.23B | $2.48B | $2.65B |
All Other, Upstream were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Revenue at Other Companies
Frequently Asked Questions
- What is Diamondback Energy's total revenue?
- Diamondback Energy (FANG) reported total revenue of $4.24B in Q1 2026.
- How has Diamondback Energy's total revenue changed year-over-year?
- Diamondback Energy's total revenue increased by 4.7% year-over-year, from $4.05B to $4.24B.
- What is the long-term trend for Diamondback Energy's total revenue?
- Over 4 years (2021 to 2025), Diamondback Energy's total revenue has grown at a 21.9% compound annual growth rate (CAGR), from $6.80B to $15.03B.
- What does total revenue mean?
- The total amount of money a company brings in from selling its products and services.