Financial insights of DVN

MyFinsight

For the year ending 2025-12-31, DVN made $17,188M in revenue. $2,642M in net income. Net profit margin of 15.37%.

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

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	17,188	15,940	15,258	19,169
Production expenses	3,567	3,183	2,928	2,797
Exploration expenses	43	28	20	29
Marketing and midstream expenses-Marketing And Midstream Expenses	5,635	4,792	4,409	5,780
Depreciation, depletion and amortization	3,595	3,255	2,554	2,223
Asset impairment	254	-	-	0
Asset dispositions	343	-11	30	44
General and administrative expenses	492	500	408	395
Financing costs, net	-455	-363	-308	-309
Restructuring and transaction costs	-	-	0	0
Other, net	-24	-96	-38	95
Total expenses	13,722	12,228	10,635	11,394
Earnings before income taxes	3,466	3,712	4,623	7,775
Income tax expense	785	770	841	1,738
Net earnings (loss) from continuing operations	-	-	-	6,037
Net loss from discontinued operations, net of income taxes	-	-	-	0
Net earnings	2,681	2,942	3,782	6,037
Net earnings attributable to noncontrolling interests	39	51	35	22
Net earnings attributable to devon	2,642	2,891	3,747	6,015

Average common shares outstanding - basic	632,000,000	632,000,000	639,000,000	651,000,000
Average common shares outstanding - diluted	633,000,000	634,000,000	642,000,000	653,000,000
Basic net earnings (loss) per share	4.18	4.58	5.86	9.15
Diluted net earnings (loss) per share	4.17	4.56	5.84	9.12