fang: the income statement

MyFinsight

For the quarter ending 2025-09-30, FANG made $3,924M in revenue. $1,018M in net income. Net profit margin of 25.94%.

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	3,924	3,678	4,048	2,645
Lease operating expenses	490	440	408	316
Production and ad valorem taxes	212	214	228	153
Cost of goods and services sold-Natural Gas Gathering Transportation Marketing And Processing	-	-	111	102
Cost of goods and services sold-Oil Purchased	-	-	382	280
Gathering, processing and transportation	122	145	-	-
Purchased oil expense	455	331	-	-
Depreciation, depletion, amortization and accretion	1,286	1,266	1,097	742
General and administrative expenses	70	67	73	49
Merger and integration expenses	-	-	37	258
Merger and transaction expenses	17	40	-	-
Other operating expenses	36	36	39	35
Total costs and expenses	2,688	2,539	2,375	1,935
Income (loss) from operations	1,236	1,139	1,673	710
Interest expense, net	-70	-56	-40	-18
Other income (expense), net	108	-2	27	89
Gain (loss) on derivative instruments, net	120	-197	226	131
Gain (loss) on extinguishment of debt	-32	55	0	0
Income (loss) from equity investments, net	8	4	8	6
Total other income (expense), net	134	-196	221	208
Income (loss) before income taxes	1,370	943	1,894	918
Provision for (benefit from) income taxes	287	204	403	210
Net income (loss)	1,083	739	1,491	708
Net income (loss) attributable to non-controlling interest	65	40	86	49
Net income (loss) attributable to diamondback energy, inc	1,018	699	1,405	659

Basic (in shares)	288,826,000	292,135,000	289,612,000	204,730,000
Basic (in usd per share)	3.51	2.38	4.83	3.19
Diluted (in shares)	288,826,000	292,135,000	289,612,000	204,730,000
Diluted (in usd per share)	3.51	2.38	4.83	3.19