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Diamondback Energy, Inc. Revenue 2016-2026 | FANG

Annual FY2016–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$15.03B

+35.8%YoY vs FY2024Source: 10-KFY2025

From $527.1M in FY2016 to $15.03B in FY2025: 28.5× in 9 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$4.2B+4.7%Not reportedNot reportedNot reported
FY25$4.0B+81.8%$3.7B+48.1%$3.9B+48.4%$3.4B−9.0%
FY24$2.2B+15.7%$2.5B+29.4%$2.6B+13.0%$3.7B+66.6%
FY23$1.9B−20.1%$1.9B−30.7%$2.3B−4.0%$2.2B+9.8%
FY22$2.4B+103.4%$2.8B+64.7%$2.4B+27.6%$2.0B+0.4%
Share24%23%26%27%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+39.8%

FY2020
$2.81B
FY2025
$15.03B

5 years selected · on the chart

Revenue History

Year-over-year comparison from 10-K annual reports

  1. $15.03B
YoY changeLargest recent move+141.6%in FY21Latest +35.8%

Revenue, period by period

PeriodValueChangeSource
FY2025$15.03B+35.8%10-K
FY2024$11.07B+31.6%10-K
FY2023$8.41B−12.8%10-K
FY2022$9.64B+41.9%10-K
FY2021$6.80B+141.6%10-K
FY2020$2.81B−29.0%10-K
FY2019$3.96B+82.1%10-K
FY2018$2.18B+80.6%10-K
FY2017$1.21B+128.6%10-K
FY2016$527.1M—10-K

What is revenue?

Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.

What is Diamondback Energy, Inc.'s current revenue?

Diamondback Energy, Inc. (FANG) annual revenue for 2025 was $15.03B, a 35.79% increase from 2024. Diamondback Energy, Inc. revenue for the quarter ending March 31, 2026 was $4.24B.

What was Diamondback Energy, Inc.'s revenue in 2024?

Diamondback Energy, Inc. annual revenue for 2024 was $11.07B, a 31.55% increase from 2023.

What was Diamondback Energy, Inc.'s revenue in 2023?

Diamondback Energy, Inc. annual revenue for 2023 was $8.41B, a 12.77% decline from 2022.

What is Diamondback Energy, Inc.'s 5-year revenue CAGR?

Diamondback Energy, Inc. revenue grew at a compound annual growth rate (CAGR) of 39.81% from FY2020 to FY2025, going from $2.81B to $15.03B over 5 years.

Company
Diamondback Energy, Inc.
Ticker
FANG
Sector
Energy
Industry
Crude Petroleum & Natural Gas