FANG financials
Diamondback Energy, Inc. · end-of-day data as of Oct 16, 2026
Diamondback Energy, Inc.
$203.95+0.2%
Buy · 32 analystsPT $225.52 +10.6%
FANG reported revenue of $5.56B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 52.3% from a year earlier. It posted diluted EPS of $6.65, free cash flow of $2.59B and a net margin of 33.8%.
Valuation
- P/E39.8x
- P/E vs own-47.6%
- P/E vs sector+124.8%
- FCF yield+11.4%
- Market cap$57.11B
Quarterly results
Q2 FY2026: Revenue +52.3% year over year, free cash flow 46.6% of revenue, operating margin 45.2%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $5.56B | 6.65 | $2.59B | 45.2% | 45.2% | 33.8% |
| Q1 FY2026 | Mar 31, 2026 | $4.24B | 0.08 | $895M | 68.7% | 2.7% | 3.4% |
| Q4 FY2025 | Dec 31, 2025 | $3.38B | -5.11 | $1.4B | 24.3% | 25.8% | -43.2% |
| Q3 FY2025 | Sep 30, 2025 | $3.92B | 3.50 | $1.61B | 34.6% | 31.5% | 25.9% |
| Q2 FY2025 | Jun 30, 2025 | $3.65B | 2.38 | -$2.31B | 34.6% | 31.2% | 19.1% |
| Q1 FY2025 | Mar 31, 2025 | $4.03B | 4.83 | $663M | 45.0% | 41.5% | 34.9% |
| Q4 FY2024 | Dec 31, 2024 | $3.7B | 3.67 | $482M | 41.1% | 38.2% | 29.1% |
| Q3 FY2024 | Sep 30, 2024 | $2.64B | 3.19 | -$7.27B | 39.8% | 26.9% | 25.0% |
| Q2 FY2024 | Jun 30, 2024 | $2.47B | 4.66 | $842M | 49.0% | 46.7% | 33.8% |
| Q1 FY2024 | Mar 31, 2024 | $2.22B | 4.28 | $572M | 53.4% | 50.4% | 34.6% |
| Q4 FY2023 | Dec 31, 2023 | $2.22B | 5.34 | $155M | 56.2% | 54.4% | 43.3% |
| Q3 FY2023 | Sep 30, 2023 | $2.34B | 5.07 | $506M | 60.8% | 57.3% | 39.1% |