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DIAMONDBACK ENERGY, INC.

CIK: 1539838 SIC: 1311
$15.03B
Revenue
$1.66B
Net Income
-
Gross Margin
8.43%
Op. Margin
$15.14B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 14 annual reports available (2012 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $15.03B $15.03B $11.07B $8.41B $9.64B $6.80B $2.81B $3.96B $2.18B $1.21B $527.11M
Revenue Growth % 0.0% 35.8% 31.6% -12.8% 41.9% 141.6% -29.0% 82.2% 80.6% 128.6% nan%
Cost of Revenue - - $1.28B $398.00M $258.00M $301.00M $245.00M $358.00M $222.09M $59.32M $34.82M
+ Gross Profit - - $9.79B $8.01B $9.38B $6.50B $2.57B $3.61B $1.95B $1.15B $492.29M
Gross Margin % nan% nan% 88.5% 95.3% 97.3% 95.6% 91.3% 91.0% 89.8% 95.1% 93.4%
Operating Expenses $13.76B $13.76B $6.67B $3.84B $3.13B $2.80B $8.29B $3.27B $1.17B $600.09M $595.72M
Selling General & Admin $288.00M $288.00M $213.00M $150.00M $144.00M $146.00M $88.00M $104.00M $64.55M $48.67M $42.62M
+ Operating Income $1.27B $1.27B $4.40B $4.57B $6.51B $4.00B $-5.48B $695.00M $1.01B $605.02M $-68.62M
Operating Margin % 8.4% 8.4% 39.7% 54.3% 67.5% 58.9% -194.7% 17.5% 46.5% 50.2% -13.0%
Interest Expense - $244.00M $135.00M $159.00M - - $235.00M $237.00M $113.93M $57.67M $38.18M
Other Income/Expense $649.00M $455.00M $101.00M $100.00M $-772.00M $-1.09B $2.00M $-2.00M $89.00M $11.00M $-96.10M
Income Before Tax $1.87B $1.87B $4.50B $4.25B $5.74B $2.91B $-5.78B $362.00M $1.11B $497.19M $-164.72M
Income Tax Expense $327.00M $327.00M $800.00M $912.00M $1.17B $631.00M $-1.10B $47.00M $168.36M $-19.57M $192.00K
+ Net Income $1.66B $1.66B $3.34B $3.14B $4.39B $2.18B $-4.52B $240.00M $845.67M $482.26M $-165.03M
Net Margin % 11.1% 11.1% 30.2% 37.4% 45.5% 32.1% -160.6% 6.1% 38.9% 40.0% -31.3%
Basic EPS 5.74 5.73 15.53 17.34 24.61 12.35 -28.59 1.47 8.09 4.95 -2.20
Diluted EPS 5.74 5.73 15.53 17.34 24.61 12.30 -28.59 1.47 8.06 4.94 -2.20
Basic Shares Outstanding - 289.1M 213.5M 180.0M 176.5M 176.6M 158.0M 163.5M 104.6M 97.5M 75.1M
Diluted Shares Outstanding - 289.1M 213.5M 180.0M 176.5M 177.4M 158.0M 163.8M 104.9M 97.7M 75.1M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $104.00M $161.00M $582.00M $157.00M $654.00M $104.00M $123.00M $214.52M $112.45M $1.67B
Accounts Receivable $1.13B $1.39B $654.00M $618.00M $598.00M $281.00M $429.00M $296.52M $158.57M $70.35M
Inventory $86.00M $116.00M $63.00M $67.00M $62.00M $33.00M $37.00M $37.57M $9.11M $1.98M
Other Current Assets $7.00M $3.00M $109.00M $23.00M $28.00M $23.00M $43.00M $50.35M $4.90M $2.99M
Total Current Assets $1.92B $2.11B $1.62B $1.39B $1.45B $602.00M $869.00M $925.02M $358.60M $1.79B
Property Plant & Equipment $68.62B $64.47B $26.67B $23.76B $20.62B $16.21B $21.84B $20.37B $7.34B $3.39B
Other Non-current Assets $523.00M $159.00M $47.00M $42.00M $76.00M $45.00M $90.00M $86.40M $62.46M $44.56M
Total Assets $71.06B $67.29B $29.00B $26.21B $22.90B $17.62B $23.53B $21.60B $7.77B $5.35B
Short-term Debt $763.00M $900.00M - - - - - - - -
Deferred Revenue $1.40B $1.49B $764.00M $619.00M $452.00M $237.00M $278.00M $143.27M $68.70M $23.41M
Total Current Liabilities $4.60B $4.81B $2.11B $1.72B $1.44B $1.24B $1.26B $1.02B $577.43M $209.34M
Long-term Debt $13.73B $12.07B $6.64B $6.24B $6.64B $5.62B $5.37B $4.46B $1.48B $1.11B
Deferred Tax Liabilities $9.14B $9.83B $2.45B $2.07B $1.34B $783.00M $1.89B - - -
Other Non-current Liabilities $625.00M $39.00M $12.00M $12.00M $40.00M $7.00M $11.00M - - -
Total Liabilities $28.09B $27.43B $11.57B $10.52B $9.65B $7.82B $8.62B $7.43B $2.19B $1.33B
Retained Earnings $4.74B $4.24B $2.49B $801.00M $-2.00B $-3.86B $890.00M $761.83M $-37.13M $-519.39M
Total Stockholders Equity $36.97B $37.74B $16.62B $15.01B $12.09B $8.79B $13.25B $13.70B $5.25B $3.70B
Total Liabilities & Equity $71.06B $67.29B $29.00B $26.21B $22.90B $17.62B $23.53B $21.60B $7.77B $5.35B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $3.07B $1.66B $3.34B $3.14B $4.39B $2.18B $-4.52B $240.00M $845.67M $482.26M $-165.03M
Depreciation & Amortization $5.04B $5.04B $2.85B $1.75B $1.34B $1.27B $1.30B $1.45B $623.04M $326.76M $178.01M
Stock-based Compensation - - $65.00M $54.00M $55.00M $51.00M $37.00M $48.00M $26.76M $25.54M $26.45M
Deferred Income Tax $-531.00M $-519.00M $15.00M $378.00M $720.00M $606.00M $-1.04B $47.00M $169.36M $-20.57M -
Change in Receivables $-540.00M $-386.00M $42.00M $71.00M $47.00M $196.00M $-217.00M $187.00M $-13.16M $97.61M $35.03M
Change in Inventory - - - - - - - $10.00M $14.77M $2.25M $255.00K
Operating Cash Flow $15.14B $8.76B $6.41B $5.92B $6.33B $3.94B $2.12B $2.73B $1.56B $889.00M -
Investing Cash Flow $-15.09B $-7.81B $-11.22B $-3.32B $-3.33B $-1.54B $-2.10B $-3.89B $-3.50B $-3.13B -
Debt Repayment - $13.47B $3.50B $4.80B - - - - - - -
Stock Issued $3.70B $1.23B $476.00M - - - - $1.11B $305.77M $370.34M $2.05B
Stock Repurchased - - $959.00M $840.00M $1.10B $431.00M $98.00M $593.00M - - -
Dividends Paid $2.03B $1.16B $1.58B $1.44B $1.57B $312.00M $236.00M $112.00M $37.31M - -
Financing Cash Flow $1.82B $-1.01B $4.39B $-2.18B $-3.50B $-1.84B $-37.00M $1.06B $2.04B $689.00M -
Net Change in Cash $1.88B $-58.00M $-421.00M $421.00M $-508.00M $564.00M $-20.00M $-92.00M $103.00M $-1.55B $1.65B
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $3.92B - $11.65B -
Operating Expenses $2.69B - $7.60B -
Selling General & Admin $70.00M - $210.00M -
Operating Income $1.24B - $4.05B -
Other Income/Expense $108.00M - $133.00M -
Income Before Tax $1.37B - $4.21B -
Income Tax Expense $287.00M - $894.00M -
Net Income $1.02B $894.00M $3.12B -
Basic EPS 3.51 - 10.71 -
Diluted EPS 3.51 - 10.71 -
Basic Shares Outstanding $288.83M - $290.19M -
Diluted Shares Outstanding $288.83M - $290.19M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $159.00M $161.00M
Accounts Receivable $1.28B $1.39B
Inventory $86.00M $116.00M
Other Current Assets $144.00M $77.00M
Total Current Assets $2.58B $2.11B
Property Plant & Equipment $72.53B $64.47B
Other Non-current Assets $214.00M $159.00M
Total Assets $76.21B $67.29B
Deferred Revenue $1.43B $1.49B
Total Current Liabilities $4.14B $4.81B
Long-term Debt $15.85B $12.07B
Deferred Tax Liabilities $9.88B $9.83B
Other Non-current Liabilities $22.00M $39.00M
Total Liabilities $30.58B $27.43B
Retained Earnings $6.49B $4.24B
Total Stockholders Equity $39.09B $37.74B
Total Liabilities & Equity $76.21B $67.29B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.02B $894.00M $3.12B -
Depreciation & Amortization $1.29B - $3.65B -
Stock-based Compensation - - $61.00M -
Deferred Income Tax - - $235.00M -
Change in Receivables - - $-138.00M -
Operating Cash Flow - - $6.42B -
Investing Cash Flow - - $-7.69B -
Debt Repayment - - $900.00M -
Stock Issued - - $1.23B -
Stock Repurchased - - $1.58B -
Dividends Paid - - $870.00M -
Financing Cash Flow - - $1.66B -
Net Change in Cash - - $388.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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