# Diamondback Energy, Inc.: overview

FANG · Nasdaq · CIK 1539838 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fang.md) · [Financials](/companies/fang/financials.md) · [Filings](/companies/fang/filings.md) · [Insiders](/companies/fang/insiders.md)

Latest reported revenue: [$5.56bn](/filings/0001539838-26-000142.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:Revenues, accession 0001539838-26-000142).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,645](/filings/0001539838-25-000147.md) | [3,711 d](/filings/0001539838-26-000010.md) | [4,048](/filings/0001539838-26-000077.md) | [3,678](/filings/0001539838-26-000142.md) | [3,924](/filings/0001539838-25-000147.md) | [3,376 d](/filings/0001539838-26-000010.md) | [4,240](/filings/0001539838-26-000077.md) | [5,562](/filings/0001539838-26-000142.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [26.8%](/filings/0001539838-25-000147.md) | [38.0% d](/filings/0001539838-26-000010.md) | [41.3%](/filings/0001539838-26-000077.md) | [31.0%](/filings/0001539838-26-000142.md) | [31.5%](/filings/0001539838-25-000147.md) | [(82.4%) d](/filings/0001539838-26-000010.md) | [2.7%](/filings/0001539838-26-000077.md) | [45.2%](/filings/0001539838-26-000142.md) |
| Net margin | % | [24.9%](/filings/0001539838-25-000147.md) | [28.9% d](/filings/0001539838-26-000010.md) | [34.7%](/filings/0001539838-26-000077.md) | [19.0%](/filings/0001539838-26-000142.md) | [25.9%](/filings/0001539838-25-000147.md) | [(43.2%) d](/filings/0001539838-26-000010.md) | [0.6%](/filings/0001539838-26-000077.md) | [33.8%](/filings/0001539838-26-000142.md) |
| Diluted EPS | $ per share | [3.19](/filings/0001539838-25-000147.md) | not reported | [4.83](/filings/0001539838-26-000077.md) | [2.38](/filings/0001539838-26-000142.md) | [3.51](/filings/0001539838-25-000147.md) | not reported | [0.08](/filings/0001539838-26-000077.md) | [6.65](/filings/0001539838-26-000142.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [6.7](/filings/0001539838-23-000022.md) | [9.6](/filings/0001539838-23-000022.md) | [8.4](/filings/0001539838-26-000010.md) | [11.1](/filings/0001539838-26-000010.md) | [15.0](/filings/0001539838-26-000010.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [59.3%](/filings/0001539838-24-000019.md) | [68.0%](/filings/0001539838-25-000021.md) | [54.3%](/filings/0001539838-26-000010.md) | [39.7%](/filings/0001539838-26-000010.md) | [8.4%](/filings/0001539838-26-000010.md) |
| Net margin | % | [32.3%](/filings/0001539838-24-000019.md) | [45.8%](/filings/0001539838-25-000021.md) | [37.4%](/filings/0001539838-26-000010.md) | [30.2%](/filings/0001539838-26-000010.md) | [11.1%](/filings/0001539838-26-000010.md) |
| Diluted EPS | $ per share | [12.24](/filings/0001539838-24-000019.md) | [24.61](/filings/0001539838-25-000021.md) | [17.34](/filings/0001539838-26-000010.md) | [15.53](/filings/0001539838-26-000010.md) | [5.73](/filings/0001539838-26-000010.md) |
| Free cash flow | $bn | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fang/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $3.30bn | 18,792,594 |  | Added +286,339 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $2.89bn | 16,420,247 |  | Added +3,918,943 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.25bn | 12,775,007 |  | Added +43,422 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.21bn | 12,562,224 |  | Added +510,281 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $1.97bn | 11,180,445 |  | Added +6,582,818 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.71bn | 9,706,610 |  | Reduced −7,414 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $1.57bn | 8,944,927 |  | Added +5,147,949 |
| [Boston Partners](/funds/1386060.md) | 2026-06-30 | $1.03bn | 5,850,054 |  | Added +83,107 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $943.4m | 5,387,025 |  | Added +62,491 |
| [Bank of New York Mellon Corp](/funds/1390777.md) | 2026-06-30 | $852.8m | 4,851,470 |  | Added +910,715 |

## Recent filings

[All 1,437 filings](/companies/fang/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-08 | 20:01 ET | [8-K](/filings/0001539838-26-000177.md) | 2.02 Results of operations | 0001539838-26-000177 |
| 2026-09-30 | 20:05 ET | [8-K](/filings/0001104659-26-112325.md) | 1.01 Entry into a material agreement; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-112325 |
| 2026-09-17 | 21:16 ET | [SCHEDULE 13D/A](/filings/0001140361-26-037012.md) | Ownership report, active investor, amended | 0001140361-26-037012 |
| 2026-09-03 | 20:30 ET | [SCHEDULE 13D/A](/filings/0001104659-26-105077.md) | Ownership report, active investor, amended | 0001104659-26-105077 |
| 2026-08-05 | 20:45 ET | [SCHEDULE 13D/A](/filings/0001104659-26-091192.md) | Ownership report, active investor, amended | 0001104659-26-091192 |
| 2026-08-05 | 20:05 ET | [10-Q](/filings/0001539838-26-000142.md) | Quarterly report, period 2026-06-30 | 0001539838-26-000142 |
| 2026-08-03 | 20:06 ET | [8-K](/filings/0001539838-26-000137.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001539838-26-000137 |
| 2026-07-13 | 20:03 ET | [8-K](/filings/0001539838-26-000134.md) | 2.02 Results of operations | 0001539838-26-000134 |
| 2026-06-15 | 20:21 ET | [8-K](/filings/0001104659-26-074049.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001104659-26-074049 |
| 2026-06-05 | 20:05 ET | [SCHEDULE 13D/A](/filings/0001140361-26-024263.md) | Ownership report, active investor, amended | 0001140361-26-024263 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001539838-26-000010.md), filed Feb 25, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1539838
- Tickers: FANG
- Exchange: Nasdaq
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:42 ET. No prices; not investment advice.