Diamondback Energy, Inc. (FANG)

Nasdaq: FANG · Crude Petroleum & Natural Gas · Midland, TX · filing with the SEC since 2012

Grade6.3

◀ Past 7.4● Present 5.6▶ Future 5.3

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 25, 2026	Feb 26, 2025	Feb 22, 2024	Feb 23, 2023	Feb 24, 2022	Feb 25, 2021	Feb 27, 2020	Feb 25, 2019	Feb 15, 2018	Feb 15, 2017
Revenue	15,026,000	11,066,000	8,412,000	9,643,000	6,797,000	2,813,000	3,964,000	2,176,000	1,205,000	527,107
For lenders
Net interest income	·	·	·	·	·	·	·	·	-40,554	-40,684
Selling, general and administrative	288,000	213,000	150,000	144,000	146,000	88,000	104,000	65,000^r	48,000^r	42,619
Total costs and expenses	13,760,000	6,670,000	3,842,000	3,135,000	2,796,000	8,289,000	3,269,000	1,165,000^r	600,000^r	595,724
Operating income	1,266,000	4,396,000	4,570,000	6,508,000	4,001,000	-5,476,000	695,000	1,011,000^r	605,000^r	-68,617
Interest expense	244,000	135,000	159,000^r	154,000^r	199,000	197,000	172,000^r	87,000^r	41,000^r	41,068
Interest and investment income	25,000	156,000	18,000^r	6,000^r	1,000	4,000	1,000	1,000	·	·
Interest income (expense), net	-244,000	-135,000	-159,000^r	-154,000^r	-199,000	-197,000	-172,000	-87,000^r	-41,000^r	-40,684
Share of profit of equity-method investments	·	21,000	48,000	77,000	15,000	-10,000	-6,000	0	1,000^r	676
Other income (expense), net	455,000	101,000	100,000^r	-690,000^r	-910,000^r	-103,000^r	-161,000^r	89,000	11,000	·
Total non-operating income (expense)	608,000	105,000	-322,000	-772,000	-1,094,000	-300,000	-333,000	102,000^r	-108,000^r	-96,099
Income before income taxes	1,874,000	4,501,000	4,248,000	5,736,000	2,907,000	-5,776,000	362,000	1,113,000^r	497,000^r	-164,716
Income tax expense	327,000	800,000	912,000	1,174,000	631,000	-1,104,000	47,000	168,000^r	-20,000^r	192
Net income including non-controlling interests	1,547,000	3,701,000	3,336,000	4,562,000	2,276,000	-4,672,000	315,000	945,000^r	517,000^r	-164,908
Net income to non-controlling interests	-117,000	363,000	193,000	176,000	94,000	-155,000	75,000	99,000^r	35,000^r	126
Net income	1,664,000	3,338,000	3,143,000	4,386,000	2,182,000	-4,517,000	240,000	846,000^r	482,000^r	-165,034
Net income to common shareholders	1,656,000	3,317,000	3,121,000	4,344,000	2,162,000	-4,519,000	·	·	·	·
Earnings per share, basic	5.73	15.53	17.34	24.61	12.24^r	-28.61^r	1.47	8.09	4.95	-2.20
Earnings per share, diluted	5.73	15.53	17.34	24.61	12.24^r	-28.61^r	1.47	8.06	4.94	-2.20
Weighted average shares, basic	289,079	213,545	179,999	176,539	176,643	157,976	163,493	104,622	97,458	75,077
Weighted average shares, diluted	289,079	213,545	179,999	176,539	176,643^r	157,976	163,843	104,929	97,688	75,077

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FANG · research, not advice