Diamondback Energy, Inc.

How Do They Make Money?

FY2025 revenue

Yes. It kept 11 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025

8% of revenue

▼ −71% vs FY2024 ($4.4B, 40%)

Net income, FY2025

11% of revenue

▼ −50% vs FY2024 ($3.3B, 30%)

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Growing. Revenue grew 2.2x in 4 years, from $6.8B in FY2021 to $15B in FY2025, about 22% a year.

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