dvn: the income statement

MyFinsight

For the quarter ending 2025-09-30, DVN made $4,331M in revenue. $687M in net income. Net profit margin of 15.86%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	4,331	4,284	4,452	4,024
Production expenses	895	899	912	763
Exploration expenses	8	20	10	4
Marketing and midstream expenses-Marketing And Midstream Expenses	1,453	1,357	1,436	1,149
Depreciation, depletion and amortization	879	914	912	794
Asset impairments	0	0	254	-
Asset dispositions	37	307	-2	0
General and administrative expenses	114	113	130	117
Financing costs, net	-109	-116	-123	-88
Restructuring and transaction costs	-	-	-	8
Other, net	2	-11	-27	-37
Total expenses	3,419	3,123	3,806	2,960
Earnings before income taxes	912	1,161	646	1,064
Income tax expense	219	244	137	239
Net earnings	693	917	509	825
Net earnings attributable to noncontrolling interests	6	18	15	13
Net earnings attributable to devon	687	899	494	812

Average common shares outstanding - basic	628,000,000	635,000,000	643,000,000	622,000,000
Average common shares outstanding - diluted	629,000,000	636,000,000	645,000,000	623,000,000
Basic net earnings (loss) per share	1.09	1.42	0.77	1.31
Earnings per share, diluted	1.09	1.41	0.77	1.3