Net Income for Diamondback Energy (FANG)
According to Diamondback Energy's latest reported financial statements, the company's current net income (TTM) is $1.66B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.66B
YoY change
-50.1%
5Y CAGR
N/A
Peak year (2022)
$4.39B
Cumulative net income
$11.27B
Net Income history chart for Diamondback Energy (FANG) from 2009 to 2025
Net Income history table for Diamondback Energy (FANG) from 2009 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.66B | -50.1% | ||
| 2024 | $3.34B | +6.2% | ||
| 2023 | $3.14B | -28.3% | ||
| 2022 | $4.39B | +101.0% | ||
| 2021 | $2.18B | -148.3% | ||
| 2020 | -$4.52B | -1982.1% | ||
| 2019 | $240.00M | -71.6% | ||
| 2018 | $846.00M | +75.5% | ||
| 2017 | $482.00M | -392.1% | ||
| 2016 | -$165.03M | -70.0% | ||
| 2015 | -$550.63M | -384.2% | ||
| 2014 | $193.75M | +254.9% | ||
| 2013 | $54.59M | -249.5% | ||
| 2012 | -$36.52M | +9361.4% | ||
| 2011 | -$386,000 | -104.7% | ||
| 2010 | $8.23M | -404.2% | ||
| 2009 | -$2.71M | — |
Net Income values are taken from Diamondback Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Diamondback Energy (FANG) reported net income of $1.66B – plunged 50.1% year-over-year.
Diamondback Energy net income peaked at $4.39B in 2022; the latest annual figure is $1.66B in 2025 (62.1% below peak).
2022 marks the peak net income at $4.39B, with the historical low of -$4.52B recorded in 2020.
Diamondback Energy (FANG) sits 9th of 8 Energy peers we track on this metric, against a peer median of $6.24B.
Diamondback Energy Net Income by Year
Diamondback Energy Net Income 2025: $1.66B
Diamondback Energy net income in 2025 was $1.66B, plunged 50.1% below 2024.
Diamondback Energy Net Income 2024: $3.34B
Diamondback Energy net income in 2024 was $3.34B, grew 6.2% from 2023.
Diamondback Energy Net Income 2023: $3.14B
Diamondback Energy net income in 2023 was $3.14B, declined 28.3% below 2022.
Diamondback Energy Net Income 2022: $4.39B
Diamondback Energy net income in 2022 was $4.39B, surged 101.0% from 2021. This figure represents the highest annual value in the available history.
Diamondback Energy Net Income 2021: $2.18B
Diamondback Energy net income in 2021 was $2.18B.
See more financial history for Diamondback Energy (FANG).
Sector peers — Net Income
Companies in the same sector as Diamondback Energy, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.84B | Energy |
| Chevron Corporation (CVX) | $12.30B | Energy |
| ConocoPhillips (COP) | $7.99B | Energy |
| Enbridge Inc. (ENB) | $7.49B | Energy |
| EOG Resources, Inc. (EOG) | $4.98B | Energy |
| SLB N.V. (SLB) | $3.35B | Energy |
| The Williams Companies, Inc. (WMB) | $2.62B | Energy |
| Valero Energy Corporation (VLO) | $2.35B | Energy |
Frequently asked questions
What is Diamondback Energy's net income?
- Latest reported net income for Diamondback Energy (FANG) is $1.66B (period ending December 31, 2025).
How has Diamondback Energy net income changed year-over-year?
- Diamondback Energy (FANG) net income changed -50.1% year-over-year on the latest annual filing.
When did Diamondback Energy net income hit its highest annual value?
- Diamondback Energy net income reached its highest annual value of $4.39B in 2022.
What was Diamondback Energy net income in 2024?
- Diamondback Energy (FANG) net income in 2024 was $3.34B.
What was Diamondback Energy net income in 2025?
- Diamondback Energy (FANG) net income in 2025 was $1.66B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
FANG Overview
Company profile, financial tools, and key metrics
FANG Revenue Counter
Earns $475.08 every second. See per minute, hour, and day.
FANG Earnings Counter
Earns $52.77 per second net profit. See per minute, hour, and day.
FANG Economic Scale
Exceeds Mauritius's GDP. Compare with world economies.
FANG What If Invested
What if you had invested $1,000? See historical returns from any date.
FANG How It Makes Money
Discover visual breakdown of $14.98B in revenue — where it comes from and where it goes.
FANG Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
FANG Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
FANG Daily Price Character
Explosive · 53.2% historical win rate (green days). Streaks & record days.
FANG Buybacks
4.69% TTM buyback yield. Shareholder yield & SBC comparison.
FANG Dividend Profile
Yield: 1.97%. Safety: 4/7. See full history.
FANG Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
FANG Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.